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Banks › Savings Accounts

Orrick, Herrington & Sutcliffe LLP

FIA chiusi riservati e proposta di modifica del regolamento sulla gestione collettiva del risparmio in consultazione: stop al...

Orrick, Herrington & Sutcliffe LLP on

La proposta - In data 30 luglio 2020, la Banca d’Italia ha avviato una consultazione pubblica sulle modifiche da apportare al “Regolamento sulla gestione collettiva del risparmio”....more

Morrison & Foerster LLP

FRB Eases Restriction On Savings Account Transactions As Part Of COVID-19 Relief Efforts

Morrison & Foerster LLP on

On April 28, 2020, the Federal Reserve Board (FRB) published an interim final rule that amends Regulation D to aid consumers with cash flow, due to the COVID-19 pandemic. Specifically, the FRB has eliminated the six-per-month...more

Manatt, Phelps & Phillips, LLP

Saving to Win Big: Prize-Linked Savings Accounts Are the Newest Promotional Trend

Manatt, Phelps & Phillips, LLP on

It’s a lottery where you can’t lose, but is it legal? A growing promotional trend being utilized by financial institutions such as banks and credit unions is the offering of prize-linked savings (PLS) products, which provide...more

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