This legal document, part of the New York Codes, Rules and Regulations, specifically the General Regulations of the Superintendent under the Banking category, governs the availability of funds for items deposited for collection. It applies to depositary banks and their customers. The document outlines several exceptions to the requirements imposed, including deposited items drawn in an amount of more than $5,000, items deposited by new customers within 30 calendar days of opening an account, accounts of customers that have been overdrawn on three separate occasions within a six-month period, instances where the depositary bank doubts the collectibility of funds for an item, items drawn on an office located outside the United States and the District of Columbia, agreements between depositary banks and retail customers for a greater period of time, and delays caused by circumstances beyond the control of the depositary bank.

This document governs the investments made by banks or trust companies in investment companies. It allows banks or trust companies to invest in the shares of any single fund without express limit, subject to certain limitations. Banks or trust companies investing in funds with assets subject to investment limits must periodically review the fund portfolios to ensure compliance with the limitations set forth in sections 97(4-b), 103, and 106 of the Banking Law.

The provided legal document content pertains to the regulations governing real estate equity investments in community development projects for banks and trust companies in New York. According to the regulations, a bank or trust company’s investment in any one community development project cannot exceed two percent of its capital stock, surplus, and undivided profits. Additionally, the aggregate investment in all such projects cannot exceed ten percent of its capital stock, surplus, and undivided profits.

The provided legal document content covers various aspects related to mortgage bankers and mortgage brokers in New York. It includes licensing requirements for mortgage bankers, registration requirements for mortgage brokers, branch applications, books and records, annual reports, surety bonds, and consultants of licensed mortgage bankers and registered mortgage brokers. The document defines the term ‘consultant’ and provides exemptions for certain individuals. It outlines requirements for license and registration applicants to provide a list of consultants and an undertaking of accountability for each independent contractor.

This document pertains to licensed check cashers and licensed money transmitters in New York. It requires these entities to establish and maintain anti-money laundering programs in order to prevent money laundering through their businesses. The programs must comply with applicable Federal anti-money laundering law, including the obligation to file suspicious activity reports (SARS), and regulations promulgated by the Department of Treasury. The document outlines the minimum requirements for the anti-money laundering program, which include incorporating policies, procedures, and internal controls to ensure compliance with the regulations, designating a person responsible for day-to-day compliance, providing education and training to personnel, and conducting independent reviews.

This document governs the requirements and certifications for the Transaction Monitoring and Filtering Program in the banking division. It applies to various regulated institutions, including banks, trust companies, private bankers, savings banks, savings and loan associations, branches and agencies of foreign banking corporations licensed to conduct banking operations in New York, check cashers, and money transmitters licensed pursuant to the New York Banking Law. The document outlines the requirements for regulated institutions to maintain a Transaction Monitoring Program and a Filtering Program.

This legal document governs the disclosure of confidential supervisory information under section 36.10 of the Banking Law. It applies to regulated entities, legal counsel, independent auditors, affiliates, directors, officers, and employees. The general rule is that a regulated entity cannot disclose any confidential supervisory information without prior written approval from the department. However, there are exceptions to this rule. A regulated entity may disclose confidential supervisory information to legal counsel or an independent auditor without prior written approval, provided that they acknowledge the confidentiality of the information and agree to abide by the prohibition on dissemination.

The provided legal document content pertains to the interlocking directorates and officers of banking organizations and bank holding companies in New York. It states that the superintendent has the authority to grant permission for executive officers of one institution to serve as executive officers, directors, or trustees of another institution. The term ’executive officer’ is defined as an officer who participates or has authority to participate in major policymaking functions of the institutions.

The provided legal document content pertains to investments in certificates of deposit of banking corporations. It applies to savings banks and savings and loan associations. The documents specify that savings banks and savings and loan associations may invest in certificates of deposit of a banking institution described in section 235(12-a)(b) of the Banking Law. If the banking institution has total assets of less than $1 billion, the certificates must be issued by and payable in United States dollars at an office of such banking institution located within one of the states of the United States of America.

The document governs the use and establishment of electronic facilities in the banking industry. It prohibits banking organizations from staffing electronic facilities with their employees, except for specific purposes such as equipment demonstration, training nonbank employees, providing information, repairing and servicing equipment, or as security guards. Banking organizations are required to take necessary steps to protect their interests in electronic facilities and safeguard the identity of bank customers. The document also outlines the requirements for notifying the Superintendent for the establishment or sharing of electronic facilities, including providing complete address details, facility type, deposit-taking capability, sharing arrangements, details of transactions involving insiders or related interests, and any additional information required by the department.