November 21, 2005 News Archive

Agencies Issue Final Rules on Post-Employment Restrictions for Senior Examiners offsite link
In a press release, the federal regulatory agencies issued final rules to implement a special post-employment restriction on certain senior examiners employed by an agency or Federal Reserve Bank, as required by the Intelligence Reform and Terrorism Prevention Act of 2004.

Agencies Finalize FACT Act Rules on Medical Information offsite link
The federal regulatory agencies issued final rules under the Fair Credit Reporting Act (FCRA) that create exceptions to the statutory prohibition against obtaining or using medical information in connection with credit eligibility determinations.

Public Comment Sought on Proposed Interagency CRA Q&As offsite link
The federal regulatory agencies have published informal staff guidance on community reinvestment in the form of proposed questions and answers (Q&As) (PDF). The agencies are seeking public comment, which should be received by January 9, 2006.

Insurance Companies Required to Establish Anti-Money Laundering Programs and File SARs offsite link
In a press release, the Financial Crimes Enforcement Network (FinCEN) announced two final rules requiring certain U.S. insurance companies to both establish anti-money laundering programs and file Suspicious Activity Reports (SARs). FinCEN also provided Frequently Asked Questions (FAQs) regarding the final rules. (PDF)