The Federal Deposit Insurance Corporation (FDIC) is close to finalizing revisions to regulations regarding Section 19 of the Federal Deposit Insurance Act to align them with the Fair Hiring in Banking Act (FHBA), which eased...more
Recently enacted changes to Section 19 of the Federal Deposit Insurance Act (Section 19) eased the restrictions on financial institutions when hiring individuals with criminal records, but the changes left some open questions...more
Included in the defense spending bill signed by President Biden in December 2022 is a section with key provisions for financial institutions that will ease restrictions on hiring candidates with criminal records....more
1/27/2023
/ Background Checks ,
Banking Sector ,
Consent ,
Criminal Background Checks ,
Criminal Records ,
De Minimus Doctrine ,
Expungement ,
FDIA ,
FDIC ,
Final Rules ,
Financial Institutions ,
Hiring & Firing ,
NDAA ,
Preemption ,
Waivers
On July 24, 2020, the Federal Deposit Insurance Corporation (FDIC) released a final rule to revise and codify into the agency’s regulations the FDIC’s Statement of Policy (SOP) on Section 19 of the Federal Deposit Insurance...more
In a thinly veiled attempt to steal the spotlight from Cleveland, the new destination city for the National Football League, on March 13, 2019, the Cincinnati City Council passed Ordinance No. 83-2019, titled Prohibited...more
On March 9, 2015, the Supreme Court of the United States ruled that the Paralyzed Veterans doctrine, which requires an agency to use the notice-and-comment procedures of the Administrative Procedure Act (APA) when issuing a...more
3/10/2015
/ Administrative Procedure Act ,
Corporate Counsel ,
Department of Labor (DOL) ,
Fair Labor Standards Act (FLSA) ,
Legal History ,
Mortgage Loan Officer ,
Notice and Comment ,
Paralyzed Veterans Doctrine ,
Perez v Mortage Bankers Assoc ,
SCOTUS ,
Wage and Hour