CCH Focus On Banking Newsletter Offers Heads-up On Laws, Regulations Affecting Banking, Financial Institutions

Helps Industry Leaders Keep Up with Full Spectrum, from Securities, Taxation

to Consumer Credit, IRAs

(Riverwoods, ILL., November 12, 1998) -- A banker needs more than the local newspaper to keep up with the flood of legal developments in the financial industry today, according to CCH INCORPORATED, a leading provider of business and regulatory law and information. To help leaders in banking and finance keep up with the legal issues posed by regulation and technology, as well as the never-ending stream of congressional and agency activity, CCH has introduced CCH Focus on Banking, a biweekly newsletter providing succinct updates and timely commentary.

"Developments in the law affecting banks and other financial institutions come quickly, and from all directions," said Serena Lynn Froats, editor, CCH Focus on Banking. "With CCH’s long-standing strengths in reporting on the law of banking, securities, regulated industries and taxation, this is a particularly critical time to bring together our news reporting and explanatory skills to provide an overview for busy professionals in the industry."

CCH has been reporting on tax and business law since 1913, the year that the modern income tax was enacted and the Federal Reserve System was created.

Examples of timely articles include analyses from Contributing Editor James Hamilton, JD, LLM, legal analyst with the CCH Federal Securities Law Reporter. Hamilton offers an up-close look at such areas as the regulation of financial derivatives, the banking implications of hedge fund involvement and the potential of banking reform legislation.

Another feature alerts banking executives to the issues that an IRS examiner is almost certain to raise in any examination of a bank, and provides additional information on where the controlling IRS document can be retrieved.

The opportunities and loopholes for owners of IRA accounts, based on recent legislation -- and how banks can discuss these issues with customers -- are the focus of an ongoing column, "Today’s IRAs," by Beth Steele, JD, editor of the CCH Individual Retirement Plans Guide.

"Agency Actions," a regular feature of Focus on Banking, alerts readers to activities of federal agencies such as the Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Securities and Exchange Commission.

"Focal Points" presents highlights of banking-related news stories and announcements of workshops and seminars.

Availability and Pricing

For more information or to order CCH Focus on Banking, call 800-449-6435. Price is $225 for a one-year subscription.

About CCH INCORPORATED

CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer U.S.

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