St. Louis Fed Launches New Federal Banking Regulations Website

Today, the Federal Reserve Bank of St. Louis announced the release of its Federal Banking Regulations website. Visitors can obtain comprehensive listing and status updates for banking- and consumer-related rules for agencies involved in regulating financial institutions. It also allows the public to easily track and comment on the rules written by these agencies.

“We have been encouraging bankers, the public and others to comment on agency rulemakings,” said Mary Karr, St. Louis Fed senior vice president and general counsel. “To help with the process, we have designed a ‘one-stop’ site with links to provide comments on rulemakings affecting banks and consumers.”

The site is an updated version of the St. Louis Fed’s Regulatory Reform Rules web site, which launched in the fall of 2010 and tracked regulations implementing the Dodd-Frank Act. The new web site will retain these rules and begin tracking rules affecting banks and consumers issued by 11 agencies:

• Consumer Financial Protection Bureau
• Federal Deposit Insurance Corp.
• Federal Financial Institutions Examination Council
• Federal Housing Finance Agency
• Financial Crimes Enforcement Network
• Federal Reserve Board of Governors
• Financial Stability Oversight Council
• National Credit Union Administration
• Office of the Comptroller of the Currency
• Office of Financial Research
• Treasury Department

The site sorts the rules by status sections including “Open for Comment,” “Proposed,” “Interim Final,” and “Final.” A resource section is also available with links to more information about each agency and a brief tutorial on how a rule is made. Visitors to the site are encouraged to contact the St. Louis Fed at FedBankingRegs@stls.frb.org with any questions or suggestions.