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Federal Reserve Fraud Prevention

Eversheds Sutherland (US) LLP

Focus on Fintech: Federal Reserve issues final rules defining legal framework for FedNow

On June 6, 2022, the Federal Reserve Board issued a final rule governing funds transfers through the Fed’s new FedNow Service, an interbank 24x7x365 real-time gross settlement service with integrated clearing functionality to...more

Alston & Bird

Federal Reserve Board Issues Clarification on Treatment of Transactions-Monitoring Costs Under Regulation II

Alston & Bird on

On August 14, 2015, the Board of Governors of the Federal Reserve System (the Board) published a clarification (the Clarification) of the Board’s decision to include transactions-monitoring costs in establishing the 21-cent...more

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