New Cybersecurity Rulemaking Proposed for Banking Industry
On January 12, 2021, financial regulators jointly published a new notice of proposed cybersecurity rulemaking for the banking industry. See […]
Bankruptcy Trends Pose a Challenge to Economic Recovery
The pandemic continues to complicate economic recovery in several industries as the “second wave” of bankruptcies hits Key takeaways: The […]
Corporate Governance 2021: Trends to Watch
Renewed crisis-management planning, DE&I initiatives, and other trends making a splash in corporate governance Key Takeaways: Overlapping crises in 2020 […]
The Anti-Money Laundering Act of 2020: New tools to combat financial crimes.
Since 1970, the Bank Secrecy Act has provided financial regulators with tools to combat money laundering and, for the last […]
OCC’s True Lender Rule Challenged in New Lawsuit
FinTech Litigation Update In January, seven states and the District of Columbia filed litigation in the Southern District of New […]
PPP Litigation Update: Eleventh Circuit Says No PPP Loans for Debtors in Bankruptcy
The Eleventh Circuit Court of Appeals recently joined the Fifth Circuit Court of Appeals in holding that the Small Business […]
Key Changes to the Paycheck Protection Program
At the end of December 2020, Congress passed a new COVID-19 relief package that included significant changes to the Paycheck […]
How to Regulate the Unregulated? —Industrial Banks, FinTechs, and FDIC’s New Final Rule
The Federal Deposit Insurance Corporation recently released a final rule with respect to parent companies that own or control industrial […]
Banking-as-a-Service and How Traditional Banks are Adapting
Banks have always adapted to emerging technologies and market behavior. Consider the changes to bank products, services, and pricing over […]
Happy Holidays
OUR HOLIDAY WISH FOR YOU We hope you have a peaceful holiday with time to experience all the joys of […]