Uniform Commercial Code (UCC): Core banking law framework, particularly Article 4 (Bank Deposits and Collections) and Article 4A (Funds Transfers), which govern the relationship between financial institutions and their customers
Electronic Funds Transfer Act (EFTA): Federal law that provides a basic framework establishing the rights, liabilities, and responsibilities of participants in electronic funds transfer (EFT) systems
Federal Reserve Regulation E: Implements the EFTA and establishes the basic rights, liabilities, and responsibilities of consumers who use electronic fund transfer services
Federal Reserve Regulation CC: Governs funds availability and collection of checks, implementing the Expedited Funds Availability Act
Bank Secrecy Act (BSA): Requires financial institutions to assist government agencies in detecting and preventing money laundering, including requirements for reporting and record-keeping
USA PATRIOT Act: Establishes customer identification requirements and enhanced due diligence procedures for financial institutions
Truth in Savings Act (TISA): Requires depository institutions to provide disclosures to enable consumers to make informed decisions about deposit accounts
Federal Deposit Insurance Act: Governs the operation of the FDIC and establishes requirements for insured depository institutions
Consumer Financial Protection Bureau Regulations: Federal agency regulations designed to ensure consumers are treated fairly by financial institutions and protect them from discriminatory practices
Fair Credit Reporting Act (FCRA): Regulates the collection, dissemination, and use of consumer credit information
Equal Credit Opportunity Act (ECOA): Prohibits discrimination in credit transactions based on various protected characteristics
Gramm-Leach-Bliley Act Privacy Provisions: Requires financial institutions to explain their information-sharing practices and protect sensitive data
State Banking Regulations: State-specific laws and regulations governing banking operations within individual states
NACHA Rules: Operating rules for the ACH Network, governing electronic payments and funds transfers between financial institutions
FFIEC Guidance: Federal Financial Institutions Examination Council's guidance on various aspects of banking operations and compliance
FinCEN Regulations: Financial Crimes Enforcement Network rules regarding anti-money laundering and financial crime prevention
OFAC Compliance Requirements: Office of Foreign Assets Control regulations regarding sanctions and prohibited transactions
