Code of Federal Regulations, Title 12 Banks and Banking 300-346, Revised as of January 1, 2023

Title 12 governs banking procedures and activities of various agencies, with annual additions and revisions posted within six months.

Format: Paperback / softback
Length: 764 pages
Publication date: 06 February 2024
Publisher: Rowman & Littlefield

Title 12 of the United States Code contains comprehensive regulations governing the banking procedures and activities of various federal agencies, including 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. These regulations cover a wide range of banking operations and provide the framework for the supervision and regulation of the financial industry.

The regulations in Title 12 are updated annually by January, and the updated version is published within six months. This ensures that the code remains current and reflects the latest developments in the banking industry.

In addition to the regulations governing specific agencies, Title 12 also contains regulations pertaining to other types of banking operations. These regulations cover areas such as consumer protection, fair lending practices, and anti-money laundering measures.

The importance of Title 12 cannot be overstated, as it plays a critical role in maintaining the stability and integrity of the financial system. It provides a legal framework for banks and other financial institutions to operate, and it ensures that consumers are protected from fraud and abuse.

However, the regulations in Title 12 can also be complex and difficult to understand, particularly for individuals who are not familiar with the banking industry. This can lead to confusion and frustration, particularly when dealing with financial transactions or disputes.

To address this issue, the federal government has established various resources to help individuals understand the regulations in Title 12. These resources include online tutorials, educational materials, and customer service representatives who can answer questions and provide guidance.

In conclusion, Title 12 of the United States Code is a critical piece of legislation that governs the banking procedures and activities of various federal agencies. It provides a legal framework for the supervision and regulation of the financial industry, and it ensures that consumers are protected from fraud and abuse. While the regulations can be complex and difficult to understand, the federal government has established various resources to help individuals understand them. By staying informed and following the regulations, individuals can help to maintain the stability and integrity of the financial system.

Weight: 993g
Dimension: 229 x 151 x 40 (mm)
ISBN-13: 9781636714776