Pi Day comes but once a century, on 3/14/15. The Internal Revenue Service receives praise approximately as frequently.
In its Winter 2015 Supervisory Highlights, which covers supervision work generally completed between July and December 2014, the CFPB highlights legal violations resolved using non-public supervisory actions involving debt collection, consumer reporting, overdraft practices, mortgage origination, and fair lending.
The Current Account Switch Service (CASS) was launched in September 2013.
On March 10, 2015, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) named Banca Privada d’Andorra (BPA) a foreign financial institution of “primary money laundering concern,” a measure that will prohibit BPA from engaging in transactions with the U.S. financial system.
In Latest Jumbo Merger Suit Settlement, Duke Energy Agrees to Pay $146 Million to Settle Suit Over “Boardroom Coup”
One of the hot topics in the world of corporate and securities litigation in recent years has been the rise of M&A-related litigation.
As anticipated, yesterday the CFPB announced the release of its report to Congress following the CFPB’s study of arbitration agreements in connection with offering or providing consumer financial products or services.
The Bank Recovery and Resolution Directive (BRRD) mandates the European Banking Authority (EBA) to develop draft regulatory technical standards (RTS) on the minimum elements to be included in a business reorganisation plan (the Plan) and on the minimum content of the implementation reports, and the guidelines on the criteria for the assessment of the Plan by the resolution authority, in agreement with the competent authority.
Cybersecurity is more than just a trending topic. As hacks and leaks continue to be publicized, the Securities and Exchange Commission is stepping up its game and increasing its focus on cybersecurity compliance.
A question that frequently recurs when I am speaking to directors and officers of non-profit organizations is why – given that their firms have no shareholders – they need to bother with D&O insurance.