To keep receiving your weekly insights, all you need to do is subscribe to our new Consumer Financial Services Weekly Newsletter — it’s quick and easy.
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To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
Welcome to the first issue of the Digital Assets + Blockchain Newsletter. In this newsletter, we’ll track the regulatory, legislative, and enforcement developments reshaping the crypto and digital assets landscape — from the GENIUS Act’s stablecoin framework to the SEC’s and CFTC’s evolving posture on digital commodities to custody rules, licensing regimes, and beyond.
Our Newsletter Is Moving to LinkedIn
To keep receiving your weekly insights, all you need to do is subscribe to our new Consumer Financial Services Weekly Newsletter — it’s quick and easy.
We’ll see you there!
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
Our Newsletter Is Moving to LinkedIn
To keep receiving your weekly insights, all you need to do is subscribe to our new Consumer Financial Services Weekly Newsletter — it’s quick and easy.
We’ll see you there!
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
Our Newsletter Is Moving to LinkedIn
To keep receiving your weekly insights, all you need to do is subscribe to our new Consumer Financial Services Weekly Newsletter — it’s quick and easy.
We’ll see you there!
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
Our Newsletter Is Moving to LinkedIn
To keep receiving your weekly insights, all you need to do is subscribe to our new Consumer Financial Services Weekly Newsletter — it’s quick and easy.
We’ll see you there!
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
On September 2, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Federal Reserve), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), and National Credit Union Administration (NCUA) issued a joint statement clarifying the confidentiality requirements related to Suspicious Activity Reports (SARs), particularly when banks communicate with customers regarding potentially fraudulent transactions, other suspicious activity, or account closures. The statement applies to all banks, including community banks.
Our Newsletter Is Moving to LinkedIn
To keep receiving your weekly insights, all you need to do is subscribe to our new Consumer Financial Services Weekly Newsletter — it’s quick and easy.
We’ll see you there!
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
On August 25, seven federal agencies — the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Consumer Financial Protection Bureau (CFPB or Bureau), National Credit Union Administration, Department of Housing and Urban Development (HUD), U.S. Department of Justice, and Federal Housing Finance Agency (the agencies) — jointly rescinded the February 2022 “Interagency Statement on Special Purpose Credit Programs Under the Equal Credit Opportunity Act and Regulation B,” effective immediately upon Federal Register publication. The agencies’ stated reason for the rescission was to clarify that creditors may not discriminate against borrowers based on prohibited characteristics, and that creditors should not rely on the Interagency Statement or related guidance going forward concerning special purpose credit programs (SPCPs). Curiously, the Federal Reserve Board, which joined in issuing the original Interagency Statement, was not a party to the notice of rescission, instead electing to separately withdraw its own version rather than join the other agencies in the joint rescission.
Our Newsletter Is Moving to LinkedIn
To keep receiving your weekly insights, all you need to do is subscribe to our new Consumer Financial Services Weekly Newsletter — it’s quick and easy.
We’ll see you there!
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.