Articles

Results 6 to 10 of 47


In Wake of “Panama Papers” Disclosures, FinCEN Moves to Finalize Anti-Money-Laundering Rules Affecting Shell Companies

USA - April 11 2016 The U.S. Treasury Department's Financial Crimes Enforcement Network ("FinCEN") has stated that it is taking the last steps in the process to finalize…

Jerry G. Sanchez

The Challenges of Marijuana Banking Just Got Even More Challenging

USA - January 10 2018 The state-legal marijuana sector operates in a largely cash-based economy—only about 400 banks and credit unions in the U.S. actively provide…

Fourth Corner Credit Union Obtains Pyrrhic Victory for Marijuana Banking

USA - June 30 2017 The long-awaited Tenth Circuit Court of Appeals decision in the case of Fourth Corner Credit Union v. Federal Reserve Bank of Kansas City was issued…

In Brief: CFPB Issues Long-Awaited Final Prepaid Rule

USA - October 10 2016 After more than four years of anticipation and speculation from the financial services community, the Consumer Financial Protection Bureau (CFPB)…

Jacqueline M. Allen, Erin F. Fonté

The Fate of CFPB and Its Leadership

USA - January 23 2017 The future of the CFPB is one of the hottest hot topics in the post-election environment. Created by Title X of the Dodd-Frank Act (DFA), the CFPB has…