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Regulatory Agencies Risk Management Financial Institutions

Ballard Spahr LLP

House members urge CFPB to define “risk to consumers” in procedural rule on risk-based supervisory authority

Ballard Spahr LLP on

A bi-partisan group of House members has sent a letter to CFPB Director Chopra to express concern about the CFPB’s rule setting forth its procedures for establishing supervisory authority over nonbanks engaged in conduct that...more

Foodman CPAs & Advisors

Los Reguladores Advierten A Las Organizaciones Bancarias Que Tratan Con Criptoactivos

El 1/3/23, la Agencias Reguladoras; incluyendo la Junta de Gobernadores del Sistema de la Reserva Federal (“FED”), la Corporación Federal de Seguros de Depósitos (“FDIC”) y la Oficina del Contralor (“OCC”) emitieron una...more

Foodman CPAs & Advisors

Regulators Warn Banking Organizations Dealing With Crypto

On 1/3/23, Regulatory Agencies; including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller issued a Joint Statement on Crypto-Asset Risks to...more

Venable LLP

Marijuana Banking in 2022: Lessons Learned and Best Practices

Venable LLP on

​​​​​​​As we pass the halfway mark of 2022, it's a good time to reflect on what has happened, or not happened, with respect to the legal framework for the provision of financial services to marijuana-related businesses...more

Hinshaw & Culbertson - Consumer Crossroads

NYDFS Issues Order and Instructions to Regulated Entities in Response to COVID-19

In response to challenges facing the financial services industry as a result of coronavirus (COVID-19), New York's Department of Financial Services (DFS) has issued a COVID-19 compliance order, along with a series of industry...more

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