Jeffrey P. Taft
Mayer Brown
Articles
NYDFS Requests Comment on Presumptions of Control for New York-Regulated Institutions
USA - January 27 2023 On December 20, 2022, the New York Department of Financial Services (“NYDFS”) requested comment on how it applies the presumptions of control in New…
What to Expect in Banking in 2023
USA - January 24 2023 The end of 2022 saw a few noteworthy proposals and other actions by the US banking regulators. Final rulemakings on some proposals may come in 2023…
Iowa Targets Out-of-State Bank Partner for Usury, Shedding Light on State’s Interpretation of DIDMCA Opt-Out
USA - January 12 2023 In December, the State of Iowa and the Iowa Division of Banking entered into an Assurance of Discontinuance (“AOD”) with Transportation Alliance Bank…
Francis L. Doorley, Steven M. Kaplan, Eric T. Mitzenmacher, Daniel Pearson
Hitting a Moving Target: Federal Banking Regulators’ Latest Commentary on Crypto-Asset Risks
USA - January 6 2023 On January 3, 2023, the US federal banking regulators released a statement highlighting key risks for banking organizations associated with…
CFPB Preliminarily Determines State Commercial Financing Disclosure Laws Not Preempted by Truth in Lending Act
USA - January 5 2023 Small business lenders hoping for federal intervention will be disappointed to learn that the Consumer Financial Protection Bureau (CFPB) has reached…
Krista Cooley, Francis L. Doorley, Steven M. Kaplan, Eric T. Mitzenmacher, Daniel Pearson
