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## 13 United States Region - Market Regulations

This topic describes the United States Region - Market Regulations.

RegZ

Oracle Banking Retail Lending (OBRL) now includes enhanced support for Regulation Z (Reg Z) compliance, a key US federal regulation under the Truth in Lending Act (TILA) that mandates transparent disclosures for consumer credit products.

This release focuses on identifying Reg Z-applicable products and transactions, handling finance charges and APR re-computations on trigger of specific events.

Product Identification: Products will be flagged as Reg Z-enabled through a configurable product code mechanism.

Transaction Eligibility: Transactions will be evaluated for Reg Z applicability based on loan purpose and amount.

Finance Charge Identification: Finance charges will be identified and tracked for APR computation and disclosure.

APR Calculations: APR will be computed using the actuarial method and recomputed upon occurrence of specific Reg Z-triggering events.

APR History: APR changes will be recorded and made available for inquiry.