2017 Reg. CC Amendment - What Was Covered in the 2017 Reg. CC Amendment?

Compliance > Regulation CC - EFAA
Q:  What Was Covered in the 2017 Reg. CC Amendment?
 
A:   The final rule amending Regulation CC was published in June 2017 and amended Subparts A, C & D (not Subpart B, which covers availability of funds and disclosures of funds availability policies). 
 
In the final rule, the Board has modified the current check collection and return requirements to reflect the virtually all-electronic check collection and return environment and to encourage all depositary banks to receive, and paying banks to send, returned checks electronically
 
 
ADDITIONAL INFORMATION:
 
 

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