Regulation BB

AAA

DEFINITION of 'Regulation BB'

A regulation that requires banks to provide certain information to the public. Regulation BB mandates that banks must disclose to the public which communities they will serve and the type of credit that they are willing to extend there. It also requires them to publish any comments they have about their Community Reinvestment Act (CRA) statement to the public.

INVESTOPEDIA EXPLAINS 'Regulation BB'

Regulation BB is simply the implementation of the CRA. This act encourages banks and lending institutions to extend credit to all segments of society, including the less creditworthy. Regulation BB therefore requires these entities to make public statements regarding their policies on this matter.

RELATED TERMS
  1. Regulation 9

    A regulation that permits national banks to open and operate ...
  2. Regulation AA

    A regulation designed to address practices by banks that are ...
  3. Regulation B

    A regulation intended to prevent discrimination against applicants ...
  4. Regulation C

    A regulation that implements the Home Mortgage Disclosure Act ...
  5. Regulation CC

    One of the banking regulations set forth by the Federal Reserve. ...
  6. Community Reinvestment Act - CRA

    An act of Congress enacted in 1977 with the intention of encouraging ...
Related Articles
  1. How does FINRA differ from the SEC?
    Investing

    How does FINRA differ from the SEC?

  2. Subprime Lending: Helping Hand Or Underhanded?
    Investing Basics

    Subprime Lending: Helping Hand Or Underhanded?

  3. Financial Regulators: Who They Are And ...
    Options & Futures

    Financial Regulators: Who They Are And ...

  4. An Introduction to Government Loans
    Economics

    An Introduction to Government Loans

comments powered by Disqus
Hot Definitions
  1. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  2. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  3. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  4. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  5. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
  6. Earnings Before Interest After Taxes - EBIAT

    A financial measure that is an indicator of a company's operating performance. EBIAT, which is equivalent to after-tax EBIT ...
Trading Center