July 5 is the deadline for submitting comments on the California Department of Financial Protection and Innovation’s proposed regulations on complaint handling and reporting, which would impose significant obligations on certain providers of consumer financial services in California.
The Infrastructure Investment and Jobs Act, H.R. 3684, commonly referred to as the infrastructure bill, was signed into law by President Biden on November 15, 2021.
2021 is in the books…another eventful year on so many different fronts.
On November 18, the Office of the Comptroller of the Currency, the Federal Reserve and the Federal Deposit Insurance Corporation adopted a rule that will require banking organizations and their bank service providers to give notice of certain computer-security ...
On July 9, 2021, President Biden signed an “Executive Order on Promoting Competition in the American Economy.”
When Michael Hsu became acting U.S. Comptroller of the Currency earlier this month, banking industry experts predicted a shift away from the aggressive innovation pushed by fintech-friendly Brian Brooks, who resigned as the Biden administration prepared to take the reins.
On January 19, 2021, the Small Business Administration (SBA) published new Loan Forgiveness Requirements and Loan Review Procedures pursuant to an Interim Final Rule, or IFR (the PPP Forgiveness IFR).
Members of the Manatt financial services team share guidance about the FDIC’s recently adopted final rule for an industrial bank application process.
As we prepare to put 2020 in the rearview mirror, many of us will not have fond memories of the year.
What can we really say about 2020?—a year more unique than any year we can remember.