Search results

Order by most recent / most popular / relevance

Results: 11-20 of 27

FDIC announces interim rule to extend its Temporary Liquidity Guarantee Program

Sidley Austin LLP
-
USA
-
March 19 2009

On March 17, 2009, the Federal Deposit Insurance Corporation ("FDIC") issued an interim rule (the "Interim Rule") which extends its Temporary Liquidity Guarantee Program ("TLGP") from June 30, 2009 to October 31, 2009 for all insured depository institutions participating in the debt guarantee program of the TLGP ("IDIs") and other participating entities; however, other participating entities that have not issued senior unsecured debt guaranteed by the FDIC under the TLGP ("TLGP debt") before April 1, 2009 are required to submit an application to and obtain approval from the FDIC to participate in the extended TLGP

Treasury releases information on Public-Private Investment Program

Sidley Austin LLP
-
USA
-
March 25 2009

On March 23, 2009, the Department of the Treasury released more information regarding its new Public-Private Investment Program, or "PPIP

Federal Reserve releases proposed gift certificate, gift card and general-use prepaid card rule

Sidley Austin LLP
-
USA
-
November 20 2009

On November 16, 2009, the Board of Governors of the Federal Reserve System (the "Board") released a proposed rule regarding gift certificates, gift cards and general-use prepaid cards (the "Proposed Rule"

Financial Crimes Enforcement Network releases proposed rule applying Bank Secrecy Act regulations to non-bank issuers of prepaid access products

Sidley Austin LLP
-
USA
-
July 7 2010

On June 21, 2010, the Financial Crimes Enforcement Network (“FinCen”) released a proposed rule (“Proposed Rule”) that would revise Bank Secrecy Act (“BSA”) requirements currently applicable to money services businesses (“MSBs”) with regard to stored value products and services

FTC releases expansive interpretation of “Red Flags” rule for a wide range of industries

Sidley Austin LLP
-
USA
-
April 1 2009

The Federal Trade Commission (FTC) recently issued "Fighting Fraud with the Red Flags Rule: A How-To Guide for Business" (Guidance) elaborating on the Identity Theft Red Flags Rule (Red Flags Rule) published by the FTC pursuant to the federal Fair Credit Reporting Act

Treasury’s financial regulatory reform initiative and related proposals

Sidley Austin LLP
-
USA
-
April 24 2009

On March 26, 2009 the U.S. Department of the Treasury (“Treasury”) outlined its framework for financial regulatory reform in a release (the “Treasury release”) and through Secretary of Treasury Geithner’s testimony before the U.S. House of Representatives Committee on Financial Services

Federal Reserve releases final gift card rule

Sidley Austin LLP
-
USA
-
March 29 2010

On March 23, 2010, the Board of Governors of the Federal Reserve System ("Board") released a final rule ("Rule") regarding gift certificates, gift cards and general-use prepaid cards, which are referred to generally in this Update as "prepaid cards"

Supervisory Capital Assistance Program and Capital Assistance Program update

Sidley Austin LLP
-
USA
-
May 7 2009

On May 6, 2009, the Treasury Department (the Treasury), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency issued a joint statement announcing the imminent release of the Supervisory Capital Assistance Program (SCAP) capital assessment of the 19 largest U.S. bank holding companies and describing how those results should be understood

Presidential Memorandum regarding preemption

Sidley Austin LLP
-
USA
-
May 26 2009

On May 20, 2009, President Barack Obama released a Presidential Memorandum (Preemption Memorandum) stating the Obama Administration’s general policy with regard to federal preemption of state law by executive departments and agencies of the federal government (agencies

FTC releases staff report on mobile payments

Sidley Austin LLP
-
USA
-
March 14 2013

On March 8, 2013, the Federal Trade Commission ("FTC") issued a staff report, entitled Paper, Plastic or Mobile: an FTC Workshop on Mobile

< back next >