In This Issue:
- Global Banking Group Calls for Several Rates to Replace Libor
- U.S. Applies Money-Laundering Rules to "Virtual Currencies"
- SEC Says Big Banks Don't Have to Hold Shareholder Break-Up Votes
- CFPB Proposes More Oversight of Nonbank Student Loan Companies
- Industry Discourages Adding Down Payment Rule to CFPB Measure
- IASB Accounting Rule Will Require Banks to Show Losses Earlier
- Over 4 Years After TARP, Future of Bank Reforms Still Unclear
- Index Shows Uptick in Small Business Loans From Big Banks
- Earnings for Credit Unions Hit Record $8.5 Billion in 2012
- Pave Offers Students Alternative to Traditional Loans
- Excerpt from Global Banking Group Calls for Several Rates to Replace Libor:
The tarnished Libor interest rate benchmark should be replaced with a range ofreference rates based on actual market transactions by banks, a global group of centralbankers said.
Please see full E-Note below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Topics: CFPB, Credit Unions, International Accounting Standards Board, Libor, Loans, Money Laundering, SEC, Shareholder Votes, Small Business, Student Loans, TARP, Virtual Currency
Published In: General Business Updates, Education Updates, Finance & Banking Updates, International Trade Updates, Securities Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Burr & Forman | Attorney Advertising