Under new Federal Reserve and Federal Trade Commission rules, creditors must provide risk-based pricing notices to those consumers whose credit reports caused them to receive credit on terms less favorable than those applied to other consumers. The rules take effect in 2011.

The compliance date for the Department of the Treasury’s and the Federal Reserve’s joint final rule implementing certain provisions of the Unlawful Internet Gambling Enforcement Act has been extended to June 1, 2010.

New proposed rules would restrict the fees and expiration dates that apply to many gift cards. Public comments on the proposed rules are due December 21.

A new final model privacy notice, designed to enable compliance with the Financial Services Regulatory Relief Act of 2006, is now available.

An approved interim rule under the Helping Families Save Their Homes Act requires notice to consumers whose mortgage loans have been sold or transferred. Compliance with the interim rule is optional until January 19, 2010. Public comments on the interim rule are also due at that time.

Final rules requiring financial institutions to obtain consumer consent before charging fees for overdraft protection on ATM and one-time debit card transactions take effect January 19, 2010 with a mandatory compliance date of July 1, 2010.

New proposed credit card rules would restrict, among other things, interest rate increases, fees associated with subprime cards, and card issuances to consumers under the age of 21. The rules would ban double-cycle billing and payment allocations designed to maximize interest charges. Comments on the proposed rules, which would take effect next February, are due in early November.

New revisions to Regulation S will take effect January 1. The revisions will increase the fees the government pays financial institutions to assemble and produce documents under the Right to Financial Privacy Act and encourage electronic document production.

The Federal Reserve will subject nonbank subsidiaries of bank holding companies and foreign banking organizations to the consumer protection laws and regulations it enforces.

Effective January 1, 2010, the fee-based trigger for home mortgage loans will be $579.

Under new final amendments to Regulation Z, private education lenders must make additional disclosures to prospective borrowers, including disclosures about potentially less costly federal student loan programs. The amendments will take effect in early 2010.

Comments are due in late November on new proposed mortgage and HELOC disclosure rules.

Federal agencies released revised questions and answers about flood insurance, superseding the questions and answers released in 1997, and requested comment on five new ones. Comments are due September 21, 2009.

The Federal Reserve has approved an interim final rule amending Regulation Z and requiring creditors to give consumers more notice before making significant changes to credit card account terms. Public comments on the rule are due 60 days from the rule's publication in the Federal Register.

New rules and guidelines to promote the accuracy and integrity of information furnished to credit bureaus and other consumer reporting agencies have become final and will take effect July 1, 2010.

New rules and guidelines to promote the accuracy and integrity of information furnished to credit bureaus and other consumer reporting agencies have become final and will take effect July 1, 2010.

The Federal Reserve is seeking nominations for appointments to its Consumer Advisory Council.

The Federal Reserve is seeking nominations for appointments to its Consumer Advisory Council.

Federal agencies have published a set of frequently asked questions designed to help explain compliance with new identity theft rules.

The Federal Reserve has proposed clarifications to the final credit card rules it issued last December under the Federal Trade Commission and Truth in Lending Acts. Comments on the clarifications are due 30 days from the proposals' publication in the Federal Register.

The Board of Governors has proposed amendments to Regulation Z (Truth in Lending) that would apply to private student loans, including a three-day right of rescission for consumers and disclosure of a loan's total cost based on the maximum interest rate a creditor can charge. Public comments are due in May.

The Federal Reserve will help avoid preventable foreclosures on some residential mortgage assets held by a Reserve Bank.

Federal Reserve check processing operations in Charlotte will move to Atlanta on March 21. This will cause some formerly nonlocal checks to become local under Regulation CC's expedited availability rules.

Federal agencies published revised questions and answers on CRA, adding 9 answers, revising 14, and requesting comment by Mar. 9 on three new or revised answers.