On January 16, 2019, the Consumer Financial Protection Bureau (CFPB) and the New York Attorney General (NY AG) announced an US$11 million settlement with a large retail jeweler (Retailer) to resolve alleged violations of the...more
BELTWAY - Every Last Penny Counts - Five federal banking agencies issued a Supervisory Bulletin titled “Interagency Guidance Regarding Deposit Reconciliation Practices” (the “Guidance”). The Guidance outlines...more