• 01.23.20

    OCC Asks Second Circuit to Hear Fintech Charter Dispute

    As expected, the Office of the Comptroller of the Currency (OCC) has requested a federal appeals court to reverse a decision by a lower court denying the OCC’s motion to dismiss a lawsuit challenging its plans to issue special purpose charters to fintech companies.

  • 01.16.20

    Ninth Circuit Sides With Debt Collector in FDCPA Case

    Affirming a California district court, the U.S. Court of Appeals for the Ninth Circuit held that a debt collector is entitled to collect a lawful, outstanding debt even if the statute of limitations has run, so long as the debt collector does not use means that are deceptive or misleading and ...

  • 01.14.20

    CFPB 2019 Year in Review and What to Expect in 2020

    The Consumer Financial Protection Bureau (CFPB or Bureau) had an active 2019, and we review the most significant stories here. Likewise, we discuss the likely major developments expected in 2020, leading with the upcoming Supreme Court battle over CFPB constitutionality.

  • 01.09.20

    Manatt Fintech: What to Expect in 2020

    Taking a break after eight brisk years of regulatory and litigious turbulence, the world of fintech and marketplace lending in 2019 was notable for being more business as usual, or what some might call a “ho hum” year of upward growth.

  • 01.07.20

    2019 Financial Services M&A and Capital Markets Year in Review

    Although it was very quiet on the western front (in particular, in California), 2019 was generally a solid year for banks pursuing merger and acquisition opportunities and accessing the capital markets.

  • 12.31.19

    CFPB Happenings: Workshop, TRID Guidance, Constitutionality Briefs

    To close out a busier-than-expected 2019, the Consumer Financial Protection Bureau (CFPB or Bureau) held a workshop in conjunction with the Federal Trade Commission (FTC); published additional guidance under the TILA-RESPA Integrated Disclosure (TRID) Rule; issued an annual report on TILA, EFTA and ...

  • 12.24.19

    PayPal Hits CFPB With Lawsuit Over Prepaid Rule

    PayPal, Inc., filed suit against the Consumer Financial Protection Bureau (CFPB) recently, challenging the Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z) Rules as a violation of its First Amendment rights.  

  • 12.24.19

    Regulators Ease Oversight of Hemp Businesses

    In new guidance, banking regulators eased oversight of financial institutions working with hemp-related businesses.

  • 12.24.19

    FDIC Proposes to Update Brokered Deposits Regs

    In a notice of proposed rulemaking (NPRM), the Federal Deposit Insurance Corporation (FDIC) announced its plan to update its brokered deposits regulations.

  • 12.18.19

    FDIC Works With States, Considers Section 19 Rule Adjustments

    Is the Federal Deposit Insurance Corporation (FDIC) moving to work more closely with the state regulators with whom it shares so much prudential authority?

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