News & Analysis as of

Board of Directors Consumer Financial Products

Hogan Lovells

[Webinar] Consumer Duty – it’s closer than you think - September 14th, 11:00 am - 12:00 pm BST

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The FCA has released final rules for the Consumer Duty. Whilst most people have focused on the news that the implementation deadline will be extended to July 2023, a firm's board must, by the end of October 2022, need to have...more

Goodwin

ISS Publishes 2021 Proxy Voting Guidelines

Goodwin on

In the News. Institutional Shareholder Services (ISS) published its proxy voting guidelines updates for 2021, which include new and updated voting recommendations on federal forum and exclusive forum provisions in companies’...more

Bricker Graydon LLP

FTC announces new and improved data security guidance

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On January 6, 2020, Andrew Smith, Director of the Federal Trade Commission (FTC) Bureau of Consumer Protection, announced three significant improvements to the FTC’s approach to data security enforcement cases....more

Robins Kaplan LLP

Financial Daily Dose 1.24.2020 | Top Story: OCC Hits Former Wells Fargo Execs With Enforcement Actions Over Sham-account Scandal

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The OCC announced yesterday that it’s bringing enforcement actions against five former Wells Fargo bank executives as part of their alleged roles in the bank’s sales practices scandal. The agency further revealed that it’s...more

Thomas Fox - Compliance Evangelist

Memo: Wells Fargo, Put a Compliance Professional on your Board

After almost two years, you might think that Wells Fargo, its senior management and Board of Directors would have gotten the message from its regulators to take its compliance obligations seriously, remediate and put ethics...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Facebook may have had a difficult day on the Hill. But a 79% rise in Q3 profit—driven, ironically enough, by online ads—should help soften the blow....more

Stinson - Corporate & Securities Law Blog

Trump Administration Plan for Financial Regulation Includes Reducing Regulatory Compliance Activities for Bank Boards

The U.S. Department of the Treasury yesterday issued its first in a series of reports to President Donald J. Trump examining the United States’ financial regulatory system. Appendix B to the report includes 16 pages of...more

Smith Debnam Narron Drake Saintsing & Myers,...

CFPB Supervisory Highlights: It’s all about the Compliance Management System

The CFPB published its Fall Supervisory Highlights last week, highlighting its examination observations across various financial products for examinations conducted between May and August 2016. The Report highlights key...more

Manatt, Phelps & Phillips, LLP

Five on Five: How the Evolution of Fintech Is Changing the Face of Community and Regional Banks and What You Can Do About It

Watch your back - Market share for community and regional banks is slowly being taken away by “nontraditional” providers of financial services, whether they be peer-to-peer lending platforms or other distributors of...more

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