Electronic Fund Transfer Act (EFTA): Primary federal law governing electronic fund transfers, establishing rights, liabilities, and responsibilities of participants in electronic fund transfer systems
Regulation E: Federal Reserve regulation implementing the EFTA, providing a basic framework for establishing rights, liabilities, and responsibilities of participants in electronic fund transfer systems
NACHA Operating Rules: Comprehensive set of rules and regulations governing the ACH Network, including requirements for direct deposit authorization agreements
Federal Reserve Regulation AAA: Regulation governing ACH transactions, including requirements for authorization and authentication of electronic fund transfers
UCC Article 4A: Uniform Commercial Code article covering commercial electronic funds transfers, providing legal framework for wholesale credit transactions
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive customer data
Privacy Act of 1974: Federal law establishing code of fair information practices governing collection, maintenance, use, and dissemination of personal information
Bank Secrecy Act: Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering
Anti-Money Laundering Requirements: Regulations requiring financial institutions to maintain programs to detect and report suspicious activity that might signal criminal activity
Know Your Customer Regulations: Banking regulations requiring financial institutions to verify the identity of their clients and assess potential risks
CFPB Regulations: Consumer Financial Protection Bureau rules protecting consumers in financial transactions and ensuring fair treatment
Fair Credit Reporting Act: Federal law regulating the collection, dissemination, and use of consumer credit information
State Banking Regulations: State-specific laws governing banking operations and electronic transactions within individual states
State Electronic Transaction Laws: State-specific legislation governing electronic transactions and digital signatures
State Consumer Protection Laws: State-specific laws designed to protect consumers from unfair or deceptive business practices in financial transactions
