Rules, Regulations, Guidelines

Question 1

12 CFR Part 208

Answer 1

Membership of state banking institutions in the federal reserve system

Question 2

31 CFR Part 203

Answer 2

Electronic federal tax payments

Question 3

31 CFR Part 208

Answer 3

Requires individuals to elect an EFT option for the receipt of federal benefit payments

Question 4

31 CFR Part 210

Answer 4

Federal Government Participation in the Automated Clearing House

Question 5

31 CFR Part 370

Answer 5

Electronic Transactions and Funds Transfers Relating to United States Securities

Question 6

BSA

Answer 6

FI is required to provide evidence that necessary and reasonable actions were taken in order to identify an incident relating to money laundering and criminal activities

Question 7

Check 21

Answer 7

Paved way for new means of clearing checks

Question 8

Dodd-Frank Act

Answer 8

Addressed concerns in banking regulation that stemmed from the financial crisis of 2008

Question 9

E-Sign Act

Answer 9

Facilitated the use of electronic records and electronic signatures in interstate and foreign commerce by ensuring the validity and
legal effect of contracts entered into electronically

Question 10

Fed Circular NO. 1

Answer 10

Account Relationships

Question 11

Fed Circular NO. 3

Answer 11

Collection of Cash Items and Returned Checks

Question 12

Fed Circular NO. 4

Answer 12

Automated Clearing House Items

Question 13

Fed Circular NO. 5

Answer 13

Electronic Access

Question 14

Fed Circular NO. 6

Answer 14

Funds Transfers through Fedwire® Funds Service

Question 15

Fed Circular NO. 7

Answer 15

Book-Entry Securities Account Maintenance and Transfer Services

Question 16

GDPR

Answer 16

Privacy laws for citizens of the EU

Question 17

Gramm-Leach-Bliley ACT

Answer 17

Required FIs to protect and identify non-public personal information (NPPI) practices and safeguard sensitive data

Question 18

The Green Book

Answer 18

Guide for FIs that receive ACH payments from and send payments (i.e., collections) to the federal government

Question 19

OCC Bulletin 2006-39

Answer 19

Activities of the Automated Clearing House Activities

Question 20

OCC Bulletin 2013-29

Answer 20

Third-Party Relationships

Question 21

OCC 235

Answer 21

National Bank Regulations for large dollar payment systems

Question 22

OCI DSS Quick Reference

Answer 22

How to apply PCI standards

Question 23

Sarbanes-Oxley Act

Answer 23

Protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes.

Question 24

UCC 3,4,4A

Answer 24

State laws governing the negotiation and collection of checks and wholesale credits

Question 25

UDAAP

Answer 25

Protects against unfair, abusive or deceptive banking practices

Question 26

USA Patriot ACt & OFAC

Answer 26

Established standards for identifying consumers at account opening utilizing a Customer Identification Program (CIP)

Question 27

Reg D

Answer 27

Reserve Requirements, Defines Transaction and non-Transaction Accounts

Question 28

Reg E

Answer 28

Electronic Funds Transfers (EFTs)

Question 29

Reg J

Answer 29

Wires, Check Collection through the Federal Reserve

Question 30

Reg P

Answer 30

Annual Privacy Notice and Information Sharing

Question 31

Reg Z

Answer 31

Credit cards and Truth in Lending

Question 32

Reg CC

Answer 32

Check 21, Collection of Checks and Funds Availability

Question 33

Reg GG

Answer 33

Unlawful Internet Gambling

Question 34

Reg II

Answer 34

Debit Card Interchange Fees and Routing