🇺🇸 Live Banking & Financial Services

Regulation CC (12 CFR 229)

Governs the availability of funds deposited in transaction accounts, check collection procedures, and return of unpaid checks. Applies to depository institutions including banks, savings associations, and credit unions.

View official source document

Rules extracted

668

Obligations decomposed

17.1x

Avg obligations per rule

🇺🇸 United States

Jurisdiction

What AuditDSS covers

Source

Regulation

Extracted

Rules

Decomposed

668

Obligations

17.1x

Decomposition ratio

Each rule is decomposed into an average of 17.1 atomic obligations — the smallest testable units that can be independently violated.

Fully extracted & scored

All 668 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.

Risk scoring

Every obligation in Reg CC is scored across independent risk dimensions:

Obligation Weight

How critical within the regulatory framework

Violation Likelihood

How often breached in practice

Enforcement Evidence

Regulator enforcement history and penalties

Cascade Dependency

How many obligations depend on this one

Regulatory details

Full title: Regulation CC (12 CFR 229)
Regulatory body: Federal Reserve Board
Jurisdiction: 🇺🇸 United States
Document type: regulation
Effective date: September 1, 1988
Industry: Banking & Financial Services
Official source: View source document ↗

Who this applies to

depository institutionsbankscredit unionssavings associations

Key requirements

funds availability schedules
expeditious return of checks
check endorsement standards
liability for delays
notice of delayed availability

Frequently asked questions about Reg CC

What is Reg CC?

Who does Reg CC apply to?

Reg CC applies to depository institutions, banks, credit unions, savings associations.

How many obligations does Reg CC contain?

AuditDSS has decomposed Reg CC into 668 atomic obligations from 39 rules. Each obligation is independently testable and risk-scored.

What are the key requirements of Reg CC?

The key requirements include: funds availability schedules, expeditious return of checks, check endorsement standards, liability for delays, notice of delayed availability.

How can I assess my Reg CC compliance?

Upload your compliance policy to AuditDSS. The platform maps your document against all 668 Reg CC obligations using deterministic AI scoring — not checklists or LLM summaries. You get a risk-scored gap analysis showing exactly which obligations are covered, partially covered, or missing.

Which jurisdiction enforces Reg CC?

Reg CC is enforced in United States by Federal Reserve Board.

When did Reg CC come into effect?

Reg CC became effective on September 1, 1988.

What industry does Reg CC apply to?

Reg CC is primarily relevant to the Banking & Financial Services industry. AuditDSS covers 105 regulations in this industry sector.

Build a Reg CC compliance pack

Don't have a compliance policy yet? AuditDSS generates a complete compliance pack for Reg CC — alone or combined with other regulations your business needs. Every clause is mapped to specific obligations.

Policy

High-level commitments and governance framework covering Reg CC requirements.

Procedures

Step-by-step operational procedures to implement each policy commitment.

Forms & checklists

Ready-to-use forms, registers, and checklists for day-to-day compliance operations.

Multi-regulation

Combine Reg CC with other regulations into a single unified compliance pack for your business.

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Already have a policy? Assess it against Reg CC

Upload your document

Upload your compliance policy, program manual, or operational document. AuditDSS accepts any text-based document.

AI maps against 668 obligations

Your document is scored against every obligation in Reg CC. Each claim is mapped to the obligation tree and evaluated for coverage.

Risk-scored gap report

Receive every gap ranked by risk priority with remediation guidance, enforcement evidence, and cascade impact analysis.