FDIC, Department of Justice (DOJ)

Wiley Consumer Protection Download (August 20, 2024)

Wiley Rein LLP on 8/21/2024

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

CFPB Issues 2023 Annual Fair Lending Report

Ballard Spahr LLP on 7/11/2024

On June 26, 2024, the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) released its annual Fair Lending Report (the “Report”) for the calendar year 2023. The reporting period ran through December 31, 2023, so any...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024

Troutman Pepper on 5/8/2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Heard at the 2024 Antitrust Law Section Spring Meeting: Part II

McDermott Will & Emery on 4/15/2024

The American Bar Association Antitrust Law Section’s annual Spring Meeting concluded on April 12. The annual Spring Meeting featured updates from federal, state and international antitrust enforcers and extensive discussion...more

FDIC Proposes Limitations on Use of Non-Competes

Ballard Spahr LLP on 4/5/2024

On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) issued its proposed Statement of Policy on Bank Merger Transactions (the “Proposal”) for public comment. The Proposal seeks to update guidance, last...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - April 2024

Troutman Pepper on 4/3/2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

OCC Proposes Changes to Merger Review Process

K&L Gates LLP on 2/19/2024

Introduction - On 29 January 2024, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) regarding its review of Bank Merger Act (BMA) applications. The NPR was released immediately...more

House Committee Forms AI Working Group as Regulators Emphasize Existing Authority to Regulate AI

Husch Blackwell LLP on 1/30/2024

Here’s what you need to know: 1. The House Financial Services Committee formed a 12-member working group on Artificial Intelligence (AI). The group is tasked with exploring AI’s comprehensive impact on financial services so...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - January 2024 # 4

Troutman Pepper on 1/24/2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Daily Financial Regulation Update -- Wednesday, November 22, 2023

Paul Hastings LLP on 11/22/2023

November 21, 2023- The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and IRS Criminal Investigation (CI), has settled with Binance...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - October 2023 # 5

Troutman Pepper on 10/31/2023

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Nutter Bank Report: October 2023

Nutter McClennen & Fish LLP on 10/31/2023

The federal banking agencies have jointly issued a final rule that will modify how examiners assess compliance with the Community Reinvestment Act (CRA). Among other changes to the CRA regulations announced on October 24, the...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - October 2023 # 4

Troutman Pepper on 10/25/2023

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Troutman Pepper Weekly Consumer Financial Services Newsletter -October 2023 # 3

Troutman Pepper on 10/17/2023

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Wiley Consumer Protection Download (October 17, 2023)

Wiley Rein LLP on 10/17/2023

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - October 2023 #2

Troutman Pepper on 10/11/2023

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

DOJ settles another redlining case

Ballard Spahr LLP on 9/1/2023

The Department of Justice (DOJ) announced that it has entered into a settlement with American Bank of Oklahoma (ABOK) to resolve allegations that ABOK engaged in unlawful redlining in Tulsa, Oklahoma. The DOJ opened its...more

DOJ Reaches $1.15 Million Redlining Settlement With American Bank of Oklahoma

Troutman Pepper on 8/31/2023

On August 28, the U.S. Department of Justice (DOJ) announced its eighth redlining settlement under its Combatting Redlining Initiative. The settlement between the DOJ and the American Bank of Oklahoma, which originated from a...more

Banking and Consumer Regulatory Digest - August 2023

Davis Wright Tremaine LLP on 8/29/2023

The following newsletter provides a roundup summarizing enforcement actions, guidance, rulemakings, and other public statements taken by a federal and/or state financial services regulatory agency, specifically focusing on:...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - August 2023

Troutman Pepper on 8/3/2023

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week...more

New DOJ Redlining Settlement Continues Enforcement Trend

Bradley Arant Boult Cummings LLP on 6/9/2023

In a continuation of enforcement activity related to redlining under October 2021’s Combatting Redlining Initiative, the U.S. Department of Justice (DOJ) announced on May 31, 2023, that ESSA Bank & Trust has agreed to pay $3...more

Wiley Consumer Protection Download (June 5, 2023)

Wiley Rein LLP on 6/6/2023

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

DOJ Reaches Settlement Over Bank’s Alleged Redlining

Goodwin on 6/5/2023

On May 31, 2023, the United States Department of Justice (DOJ), announced that it had entered into a settlement with a Philadelphia based bank and trust company over allegations that the bank had engaged in unlawful redlining...more

FDIC issues 2023 Consumer Compliance Supervisory Highlights

Orrick, Herrington & Sutcliffe LLP on 4/10/2023

On April 5, the FDIC released the March 2023 edition of the Consumer Compliance Supervisory Highlights, which is intended to “enhance transparency regarding the FDIC’s consumer compliance supervisory activities and to provide...more

Distressed Bank Update as of March 16, 2023

Perkins Coie on 3/17/2023

In the three days since federal authorities announced sweeping measures to protect depositors of Silicon Valley Bank (SVB) and Signature Bank and help prevent additional bank failures (as discussed in our update of March 12,...more

Federal Deposit Insurance Corporation › Department of Justice (DOJ)

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