Recent news from Treasury’s Office of Foreign Assets Control: October 5

A Delaware chancellor declined to dismiss a shareholder suit against Regions’ board members arising from a CFPB consent order requiring Regions to pay $191 million over allegations of unlawful overdraft fee practices.

'Pull up your seat at the table and help us write the next chapter of this great industry.'

News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.

Judge Danny Reeves of the Eastern District of Kentucky issued a preliminary injunction preventing CFPB from enforcing its 1033 final rule

In a 2-1 decision, a Ninth Circuit panel concluded the NBA does not preempt California’s interest-on-escrow statute, relying on its prior decision in Lusnak v. Bank of America.

The U.S. Supreme Court declined to review a Fourth Circuit decision that ruled a credit union was not liable for a wire transfer in a business email compromise scam case where the credit union lacked “actual knowledge” of...