UCC Article 5: Uniform Commercial Code provisions governing Letters of Credit and bank guarantees, providing framework for credit arrangements and security instruments
Federal Reserve Regulation H: Federal regulation governing bank guarantees and membership requirements for state-chartered banks in the Federal Reserve System
Truth in Lending Act (TILA) and Regulation Z: Federal law requiring disclosure of credit terms and standardizing the manner in which costs associated with borrowing are calculated and disclosed
Bank Secrecy Act (BSA): Requires financial institutions to assist government agencies in detecting and preventing money laundering through reporting and compliance requirements
Equal Credit Opportunity Act (ECOA): Prohibits discrimination in credit transactions based on race, color, religion, national origin, sex, marital status, age, or public assistance status
Fair Credit Reporting Act (FCRA): Regulates the collection, dissemination, and use of consumer credit information, ensuring fairness and privacy in credit reporting
FDIC Regulations: Federal Deposit Insurance Corporation regulations governing bank operations, safety, and soundness standards for credit facilities
OCC Guidelines: Office of the Comptroller of the Currency guidelines for national banks regarding credit facilities and bank guarantees
Dodd-Frank Act: Comprehensive financial reform legislation affecting banking operations, consumer protection, and systemic risk management
State Banking Regulations: State-specific laws and regulations governing banking operations and credit facilities within individual states
State Usury Laws: State-specific limitations on interest rates and charges that can be imposed on credit facilities
UCP 600: Uniform Customs and Practice for Documentary Credits, providing international standards for bank guarantees and letters of credit
ISP98: International Standby Practices, governing international standby letters of credit and bank guarantees
USA PATRIOT Act: Anti-terrorism legislation including provisions for enhanced due diligence and customer identification in banking transactions
