USA - December 29 2020
On December 15, 2020, the Federal Deposit Insurance Corporation (“FDIC”) issued a final rule (“Final Rule”) setting forth standards to apply to…
Henry M. Fields, Jeremy R. Mandell
USA - October 15 2020
Continuing its effort to reduce all the uncertainty, the OCC proposed to establish a "bright line" rule for establishing when national banks or…
Tiffani B. Figueroa, David J. Fioccola, Adam Fleisher, Calvin D. Funk, Marc-Alain Galeazzi, Adam J. Hunt, Crystal Kaldjob, Jessica Kaufman, Angela E. Kleine, Jeremy R. Mandell, Elyse S. Moyer, Natalie A. Fleming Nolen, Trevor Starer, Nathan Taylor, Nancy R. Thomas
USA - April 3 2020
On March 17, 2020, the Federal Deposit Insurance Corporation (FDIC) announced two significant developments relating to industrial banks (also…
Henry M. Fields, Jiang Liu, Barbara R. Mendelson
USA - February 11 2020
On January 30, 2020, five federal agencies (the “Agencies”)[1] proposed amendments to the rules implementing section 13 of the Bank Holding Company…
Henry M. Fields, Jiang Liu, Barbara R. Mendelson
USA - December 5 2019
According to new guidance released on December 3, 2019, banks are not required to file suspicious activity reports (SARs) on customers solely because…
Marc-Alain Galeazzi