Jul 10, 2019 | Federal Regulation, News
← Previous Article Next Article → The Federal Deposit Insurance Corporation (FDIC) recently released a list of enforcement actions taken during the month of March, one of which includes its first enforcement decision and order against a bank for violating...
Jul 5, 2019 | Federal Regulation
← Previous Article Next Article → Twenty-five state attorneys general (AGs) sent a letter to Kathy Kraninger, director of the Consumer Financial Protection Bureau (CFPB), urging the CFPB to not weaken or rescind the overdraft rule. “We are aware of no...
Jun 27, 2019 | Federal Regulation, News
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) held its first symposium earlier this week where it focused on the abusive standard of unfair, deceptive, and abusive acts or practices (UDAAP). Lawyers participating in the...
Jun 24, 2019 | Federal Regulation, News
← Previous Article Next Article → Earlier today, the Conference of State Bank Supervisors (CSBS), announced that 23 states have agreed to accept other states’ reviews of companies’ licensing process for money transmitters and other money services businesses...
Jun 20, 2019 | Federal Regulation, News
← Previous Article Next Article → The three federal bank regulators – the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve (the Fed), and the Office of the Comptroller of the Currency (OCC) – issued a final rule that will...
Jun 19, 2019 | Federal Regulation, News
← Previous Article Next Article → Kathy Kraninger, director of the Consumer Financial Protection Bureau (CFPB), has now led the CFPB for six months. According to a press release detailing Kranigner’s actions thus far, she has focused on enforcing the law,...
