Joseph G. Passaic, Jr.
Manatt Phelps & Phillips LLP
Articles
Texas Bank Faces $2M Fine From FinCEN
USA - November 30 2017 The Financial Crimes Enforcement Network (FinCEN) hit a Texas bank with a $2 million Assessment of Civil Money Penalty for Bank Secrecy Act and…
Cybersecurity Among Focus for OCC Supervision in 2018
USA - October 26 2017 What will the Office of the Comptroller of the Currency (OCC) focus on in 2018? Cybersecurity, for starters, the agency said in the release of its…
Fed Fines Foreign Bank $41M Over BSA/AML Failures
USA - June 22 2017 The Board of Governors of the Federal Reserve System announced a $41 million penalty against the U.S. operation of a foreign bank over Bank Secrecy…
Trump Election May Dramatically Change Landscape for Financial Institutions
USA - November 9 2016 Republicans retain the House and Senate and Donald Trump surprises as winner of the presidential election, providing a Republican sweep of all the…
CFPB Drags Banks Into Battle Over Payday Lending
USA - May 13 2016 Bringing banks into the battle over payday lending, the Consumer Financial Protection Bureau (CFPB) released a report finding that online payday loans…
David W. Herbst, John W. McGuinness, Craig D. Miller, Harold P. Reichwald, Benjamin G. Shatz
