• 06.20.18

    Federal Reserve Governor Talks Digital Innovations

    How will digital innovations impact the financial system? Speaking at the Decoding Digital Currency Conference sponsored by the San Francisco Federal Reserve Bank, Federal Reserve Board Governor Lael Brainard discussed cryptocurrencies, digital currencies and distributed ledger technologies.

  • 06.06.18

    Short-Term Lending: Think Small, as OCC Nudges Banks

    Not long after the CFPB’s acting director put the brakes on tough payday lending rules, the Trump administration likewise signaled that banks should move back into the $90 billion business.

  • 04.27.18

    Treasury Department: Bringing the CRA Into the 21st Century

    The U.S. Department of the Treasury has published recommendations for modernizing the Community Reinvestment Act (CRA), offering proposals to the Federal Reserve Board of Governors, the Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC) to better align ...

  • 02.01.18

    Scrutiny for Online Lending in New York

    The New York Department of Financial Services (DFS) may be taking a closer look at online lending, thanks to bills pending in the state legislature.

  • 11.30.17

    Deceptive Marketing Practices Cost Bank $5M

    A state-chartered bank based in Missouri must pay $5 million pursuant to a Consent Order with the Board of Governors of the Federal Reserve System resulting from charges of deceptive marketing practices.

  • 08.03.17

    DFS Provides Answers to Cybersecurity FAQs

    Hoping to provide greater clarity to financial institutions subject to its new cybersecurity requirements, New York’s Department of Financial Services (DFS) published a Frequently Asked Questions (FAQ) document to assist those institutions as the Aug. 28, 2017, compliance deadline looms.

  • 08.03.17

    Will the CFPB’s Arbitration Rule Survive?

    As previously reported, the Consumer Financial Protection Bureau (CFPB) released its new rule prohibiting the use of mandatory arbitration clauses that foreclose group lawsuits. 

  • 08.03.17

    OCC Report Highlights Top Risks for Banks

    What are the top risk areas for national banks and federal savings associations?

  • 08.03.17

    Regulators Seek Comment on Proposed Jump in Appraisal Threshold

    The federal banking regulators proposed an increase in the threshold for commercial real estate transactions requiring an appraisal from the current $250,000 to $400,000, a move the agencies said was in response to “concerns about the time and cost associated with completing real estate ...

  • 08.03.17

    Manatt Hosts Panel on Changes, Challenges in Financial Industry

    At a recent event hosted by the Washington Business Journal and Manatt, Phelps & Phillips, LLP, partner Joseph Passaic shared his thoughts on issues ranging from the impact of the Dodd-Frank Act to potential changes presented by the pending Financial CHOICE Act to the challenges of financial ...



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