In the past three months, Board of Governors staff has been busy issuing additional guidance to the industry on a wide array of topics, ranging from securitizations to fraud to privacy. Check out these recently issued SR Letters .
|SR 02-18||Section 312 of the USA Patriot Act - Due Diligence for
Correspondent and Private Banking Accounts
|SR 02-17||Guidance Regarding Indemnification Agreements and Payments
|SR 02-16||Capital Treatment of Recourse, Direct Credit Substitutes, and
Residual Interests in Asset Securitizations
|SR 02-15||Implicit Recourse Provided to Asset Securitizations
|SR 02-14||Covenants in Securitization Documents Linked to Supervisory
Actions or Thresholds
|SR 02-13||"Prime Bank" and Other Financial Instrument Fraud Schemes
|SR 02-12||Regulatory Capital Treatment of Accrued Interest Receivables Related to Credit Card Securitizations|
The views expressed in this article are those of the author and are not necessarily those of this Reserve Bank or the Federal Reserve System.