GOLDEN PARACHUTES: The FDIC board approved a rule Tuesday limiting severance payments to bank and thrift officers. Expected to be published shortly. Effective
EXAM GUIDELINES: The OCC revamped the way it examines national banks with more than $1 billion of assets. Released Jan. 4. Fully effective April 1.
ACCOUNTING RULES: The Federal Financial Institutions Examination Council gave banks permission to use "generally accepted accounting principles" on their call reports. Expected to be published soon. Effective with March 1997 call reports.
BANK FEES: The Comptroller's Office is reducing examination fees for national banks by 3%. Effective Jan. 31.
TRUTH-IN-LENDING: The Fed raised the threshold for most Truth-in-Lending rules by 3%, to $412. Effective Jan. 1. Published Jan. 31.
FOREIGN BANKS: Proposal by the Fed to let some foreign banks open offices without filing an application. Published Jan. 30. Effective Jan. 24.
CHECK CLEARING FEES: The Fed approved new check clearing and automated clearing house fees. Expected to be published soon. Effective Jan. 2.
FED WIRE: The Fed established new closing times for the Fed Wire securities system: 3:15 p.m. for transfers and 3:30 p.m. for reversals. Published Aug. 15. Effective Jan. 2.
COMMUNITY DEVELOPMENT PROFITS: The Comptroller's Office dropped a rule barring national banks from keeping profits generated from community development investments. Published Dec. 28. Effective Jan. 1.
DEBT DISCHARGES: The Internal Revenue Service clarified when creditors must report debt discharges. Published Jan. 4. Effective Dec. 22.