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Lexology PRO | USA | 28 Aug 2023
US employment: key federal and state updates (23 – 29 Aug)
The OFCCP issues new audit scheduling letter for federal contractors, the NLRB tightens deadlines for union representation proceedings, and Minnesota announces minimum wage increases – plus other key updates.
Torys LLP | Canada | 12 Apr 2023
2025 review of the financial sector statutes: proposed changes for consideration
On March 28, 2023, the Federal Government announced its Budget 2023, which included a number of proposed legislative actions applicable to financial…
Borden Ladner Gervais LLP | Canada | 18 Oct 2022
Financial institutions legislative and regulatory reporter
🕑 2 minutes This article provides a monthly summary of British Columbia's legislative and regulatory developments of relevance to provincially regulated financial institutions. These include an open call from the BC Financial Services Authority to BC credit unions, inviting applications to join a working group as part of its Capital Modernisation Framework Project.
RDJ LLP | Ireland | 3 Dec 2021
CBI Review Finds Weaknesses in Risk Management Frameworks in Credit Union Industry
On the 19 November 2021, the Central Bank of Ireland published the ‘Thematic Review of Risk Management Maturity in Credit Unions’ (the “Review”)…
Orrick, Herrington & Sutcliffe LLP | USA | 7 Oct 2021
California to examine feasibility of public banking program
On October 4, the California governor signed AB 1177, which establishes the California Public Banking Option Act and requires the state Treasurer to…
Harper Grey LLP | Canada | 10 Aug 2021
Case Summary: Insurer obligated to defend former directors of a credit union for a legal action commenced by the FRSA
The exception to an “Insured vs. Insured” exclusion in a D&O policy was found to restore coverage requiring the insured to defend the former…
Osborne Clarke | United Kingdom | 24 Feb 2021
Woolard Review looks at the alternatives to high-cost credit
UK regulator's report proposes changes across the market and, in the third in our series on its recommendations, we look at the measures identified to…
Proskauer Rose LLP | USA | 17 Aug 2020
American Airlines 401(k) Plan Not Required To Offer Stable Value Fund
Among the many claims brought by plaintiffs challenging investment offerings in defined contribution plans is the claim that plans should offer…
Greenbaum, Rowe, Smith & Davis LLP | USA | 26 Sep 2019
House of Representatives Bi-Partisan Passage of SAFE Banking Act Marks Major Step Towards Access to Banks and Credit Unions for Legalized Cannabis Industry
On September 25, 2019, all but one Democratic and ninety-one Republican members of the House of Representatives joined forces to pass the landmark…
Bryan Cave Leighton Paisner LLP | USA | 24 Sep 2019
The So-Called Rise of Credit Union Buyers
The increasing number of banks selling to credit unions has been a hot topic at investor conferences, within the trade press, amongst clients, at…
