WSR 13-14-040
AGENDA
DEPARTMENT OF
FINANCIAL INSTITUTIONS
[Filed June 27, 2013, 10:45 a.m.]
Semi-Annual Agenda for Rules Under Development
July 1 – December 31, 2013
DIVISION OF BANKS
Propose and adopt rules (amending and modernizing chapter 208-544 WAC) to implement chapter 76, Laws of 2013, which permits the division of banks to establish, set, and adjust hourly examination fees, semi-annual assessments, and other fees and charges. Adopt amendments to WAC 208-512A-010 to conform to statutory changes made in chapter 76, Laws of 2013, which updates the "parity" provisions by which state-chartered banks and savings banks may exercise the powers and authorities of national banks and federal savings associations. Propose technical amendments to the lending limit rules contained in chapter 208-512A WAC. Adopt technical amendments to chapter 208-512 WAC. Rules are required by state law or to implement Section 939A of the Dodd-Frank Act.
DIVISION OF CONSUMER SERVICES
Consumer Loan Act, chapter 31.04 RCW. Propose and adopt rules to implement chapters 29 and 64, Laws of 2013. Rules are required by state law and necessary for consumer protection.
Escrow Agent Registration Act, chapter 18.44 RCW. Propose and adopt rules to implement chapter 64, Laws of 2013. Rules are required by state law and necessary for consumer protection.
Mortgage Broker Practices Act, chapter 19.146 RCW. Propose and adopt rules to implement chapter 30, Laws of 2013. Rules are required by state law and necessary for consumer protection.
Uniform Money Service Act, chapter 19.230 RCW. Propose and adopt rules to implement chapter 106, Laws of 2013. Rules are required by state law and necessary for consumer protection.
DIVISION OF CREDIT UNIONS
Credit Union Act, chapter 31.12 RCW. Propose and adopt rules to implement chapter 34, Laws of 2013, regarding compensation paid to directors and supervisory committee members. Rules are required by state law.
Credit Union Act, chapter 31.12 RCW. Propose and adopt rules to implement chapter 34, Laws of 2013, regarding frequency of board meetings for a credit union with financial weakness or an overall CAMEL 3, 4 or 5 rating. Rules are required by state law.
Credit Union Act, chapter 31.12 RCW. Propose and adopt rules to implement chapter 34, Laws of 2013, regarding definition of "partially occupy" premises used for credit union operations. Rules are required by state law.
DIVISION OF SECURITIES
Amendments and updates to chapter 460-24A WAC regarding investment advisers in light of changes in federal law and North American Securities Administrators Association (NASAA) model rules. Rules are required by federal law.
Propose and adopt rule amendments under chapter 21.30 RCW, the Commodities Transactions Act, concerning the definition of "precious metals" as requested by the industry. Rules are beneficial to or requested or supported by regulated entities.
Amendments to various chapters in Title 460 WAC to correct references to the National Association of Securities Dealers (NASD), which is now Financial Industry Regulatory Authority (FINRA). Rules are beneficial to or requested or supported by regulated entities.
Amendments to WAC 460-44A-502 with updates regarding legends to clarify requirements. Rules are beneficial to or requested or supported by regulated entities.
Amendments to WAC 460-42A-082 updating references to outdated securities manuals. Rules are beneficial to or requested or supported by regulated entities.
Amendments to WAC 460-80-140 correcting cross references to federal law. Rules are beneficial to or requested or supported by regulated entities.