Code of Federal Regulations, Title 12 Banks and Banking 220-229, Revised as of January 1, 2021: Part 2

Title 12 of the Code governs banking procedures and activities of various federal agencies, including the Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corporation, Export-Import Bank, Office of Thrift Supervision, Farm Credit Administration, and National Credit Union Administration.

Format: Paperback / softback
Length: 508 pages
Publication date: 21 February 2022
Publisher: Rowman & Littlefield

Title 12 is a comprehensive set of regulations that govern the banking procedures and activities of several key regulatory bodies in the United States. These regulations are issued by the Comptroller of the Currency, the Federal Reserve System, the Federal Deposit Insurance Corporation, the Export-Import Bank, the Office of Thrift Supervision, the Farm Credit Administration, and the National Credit Union Administration. Additionally, Title 12 encompasses regulations related to various other types of banking operations.

The regulations outlined in Title 12 are subject to periodic updates and revisions, with these updates being published annually by January. Following this publication, the regulations take effect within six months.

These regulations play a crucial role in ensuring the stability and soundness of the U.S. banking system. They provide a framework for banks and financial institutions to operate within, and they aim to protect consumers, investors, and the overall financial system from risks and vulnerabilities.

By implementing these regulations, the regulatory bodies in Title 12 strive to promote fair and transparent banking practices, maintain the integrity of the financial markets, and support economic growth and prosperity in the United States.

In conclusion, Title 12 is a vital component of the U.S. financial regulatory framework, and it plays a critical role in shaping the banking industry and protecting the interests of consumers and stakeholders.

Weight: 689g
Dimension: 229 x 152 x 26 (mm)
ISBN-13: 9781636717975