The DFPI is oddly named “Office Of The Office” – Financial Services

May 16, 2022 Allen Matkins Leck Gamble Mallory & Natsis LLP To print this article, all you need to do is be registered or log in to Mondaq.com. In 2021, the California Department of Financial Protection and Innovation created the Office of the Ombudsman [sic]. According to the Department, the purpose of the … Read more

US FHFA Joins Network for Greening the Financial System – Financial Services

To print this article, all you need to do is be registered or log in to Mondaq.com. On May 11, 2022, the United States Federal Housing Finance Agency (“FHFA”) announced that it had joined the Network of Central Banks and Supervisors for Greening the Financial System (“NGFS”).1 The FHFA is the latest US … Read more

Cadwalader Corner Q&A: Raphael Mokades from Rare Recruitment – Financial Services

May 13, 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is be registered or log in to Mondaq.com. Raphael Mokades is the Founder and Managing Director of Rare, an award-winning leader in diversity graduate recruitment. Rare works with over 80 of the world’s most prestigious employers, with a … Read more

CFPB reiterates that the ECOA applies after the granting of the loan – Financial Services

To print this article, all you need to do is be registered or log in to Mondaq.com. On May 9, 2022, the CFPB issued an advisory opinion setting out its position that the Equal Credit Opportunity Act (ECOA) and its implementing regulation, Regulation B, extend beyond the credit seekers to include those who received credit. … Read more

CFPB Strengthens Legal Basis for Oversight of Discrimination in Loan Servicing – Financial Services

To print this article, all you need to do is be registered or log in to Mondaq.com. On May 9, 2022, the Consumer Financial Protection Bureau issued an advisory opinion stating that the Equal Credit Opportunity Act’s discrimination prohibitions protect borrowers in all aspects of a credit transaction, including with regard to account … Read more

Regulating state banks becomes a new front in the war on fossil fuels – Financial Services

To print this article, all you need to do is be registered or log in to Mondaq.com. West Virginia recently became the second state to pass financial regulations designed to stave off efforts to block fossil fuel companies from accessing banking services — but it looks like it won’t be the last. On … Read more

Cutting Corners in a Competitive Automotive Market – Financial Services

May 06, 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is be registered or log in to Mondaq.com. The Consumer Financial Protection Bureau (“CFPB”) announced in a press release issued in conjunction with the publication of its latest oversight highlights that it is concerned that financial … Read more

Federal Election Commission Warns Of Increased Scrutiny For LLC Contributions – Financial Services

'Reclaiming Lost Ground': Gov'Ts Digital Asset Plan - Finance and Banking

April 26, 2022 Holland & Knight To print this article, all you need is to be registered or login on Mondaq.com. The Federal Election Commission (FEC) last week sent an important signal that it will require full disclosure of contributions from limited liability companies (LLCs). With the rise of independent expenditure-only political committees … Read more

Tax Court In Brief | Treece Financial Services Group v. Comm’r/Treece Investment Advisory Corp. v. Comm’r | VCSP And IRS Discretion – Tax Authorities

'Reclaiming Lost Ground': Gov'Ts Digital Asset Plan - Finance and Banking

The Tax Court in Brief – April 18th- April 22nd, 2022 Freeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. For a link to our podcast covering the Tax Court in Brief, download here or check out other episodes of … Read more

‘Reclaiming Lost Ground’: Gov’Ts Digital Asset Plan – Finance and Banking

'Reclaiming Lost Ground': Gov'Ts Digital Asset Plan - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. The Bahamas has “an incredible opportunity to reclaim lost ground and be part of finance’s new frontier”, digital asset specialists argued yesterday, as they hailed the Government’s release of its “vision” for the $3trn industry. Andrew Rolle, the Bahamas Investments … Read more