Senior executives in Canada will pay higher taxes when the new federal government implements the Liberal campaign platform.
A week or two ago I was asked to speak at a meeting of the Small- and Mid-Cap Companies Committee of the Society of Corporate Secretaries and Governance Professionals.
Midland Credit Seeks SCOTUS Review of 2d Circuit Ruling That Significantly Impairs National Banks’ Ability to Sell Loans at Note Rate
On Nov. 9, 2015, Midland Credit Management, Inc., petitioned the Supreme Court to review the Second Circuit’s decision in Madden v. Midland Credit Management, which held that a loan is no longer protected from state usury laws under the National Bank Act (NBA) once it is sold.
The Council of the EU, the European Parliament and the European Commission have reached agreement on the proposed Regulation on financial benchmarks.
The Committee on Payments and Market Infrastructures (CPMI) has a mandate to promote “the safety and efficiency of payment, clearing, settlement and related arrangements, thereby supporting financial stability and the wider economy.”
The European Commission has published a legislative proposal for a European Deposit Insurance Scheme (EDIS).
On Monday, November 23, the CFPB released a new Compliance Bulletin to remind financial entities of their requirements when obtaining consumer authorizations for preauthorized electronic fund transfers (EFT).
Class actions have the potential to be abused by plaintiffs, for example where a large number of claims are brought for trifling amounts and there is no public policy issue.
On 20 November 2015 the Hong Kong Government published the Financial Institutions (Resolution) Bill (the Bill).
Don’t know about you, but we’ve been dreaming about wrapping ourselves in a big cabled sweater, drinking a pumpkin-spiced beverage and cozying up to the Fall 2015 issue of Supervisory Highlights.