December 2020
Executive Briefing
Regulation D – Annual Adjustments
The Federal Reserve Board has amended Regulation D (Reserve Requirements of Depository institutions) to reflect the annual adjustments of two key dollar amounts that are used by financial institutions to determine their required reserves. The dollar amounts that have been adjusted are the “reserve requirement exemption amount” and the “low reserve tranche.”
Bank Call Report
The Federal Financial Institutions Examination Council (FFIEC) has proposed a change to the Bank Call Report that would become effective with the 6/30/21 filing.
Short Compliance Topics
• CFPB – HPML Escrow Account Exemption Threshold
• IRS – Publication 1187
• CFPB – HMDA Exemption Threshold
Emerging Issues
• National Defense Authorization Act For Fiscal Year 2021
