USA - January 6 2021
On January 4, 2021, the Office of the Comptroller of the Currency (OCC) issued the latest in a string of interpretative letters on permissible...
William J. Bernat, Meghan E. Kelly, Seth P. Berman, Thomas J. Curry, Michael K. Krebs, Kate Henry, Joshua E. French, Armand J. Santaniello, Jeremy Halpern, Matthew D. Hanaghan.
USA - December 28 2020
A long-awaited bipartisan stimulus bill was signed into law by President Trump on December 27, 2020. Included in the law, known as the Consolidated...
Thomas J. Curry, Michael K. Krebs, Joshua E. French, Amanda Getchell, Matthew D. Hanaghan.
USA - December 22 2020
The FDIC has adopted a final rule that establishes new standards for determining whether deposits made through certain kinds of arrangements with...
Thomas J. Curry, Michael K. Krebs, Heather F. Merton, Matthew D. Hanaghan.
USA - December 9 2020
On December 7, 2020, several bank and credit union trade associations (collectively, the “Associations”) submitted a joint letter (the “Letter”)...
William J. Bernat, Meghan E. Kelly, Seth P. Berman, Thomas J. Curry, Michael K. Krebs, Kate Henry, Joshua E. French, Armand J. Santaniello, Jeremy Halpern, Matthew D. Hanaghan.
USA - November 24 2020
The member agencies of the Federal Financial Institutions Examination Council (“FFIEC”) have issued joint guidance for banking organizations that...
Thomas J. Curry, Michael K. Krebs, Heather F. Merton, Matthew D. Hanaghan.