Fed Issues Revised Consumer Compliance Handbook
The Federal Reserve's Division of Consumer and Community Affairs released its updated and revised Consumer Compliance Handbook. The Handbook, intended to provide comprehensive background information on federal consumer compliance statutes and regulations to Federal Reserve examiners, is a critical resource for compliance personnel at any financial institution. The Handbook contains comprehensive resources and background information regarding regulations and statutes on deposits, credit, fair lending, the Community Reinvestment Act, and other applicable laws.