Comptroller of the Currency Joseph Otting said today that he hopes that the current conflict between state and federal laws that inhibits banks from serving cannabis-related businesses will be resolved by 2020.
The American Bankers Association yesterday joined with twelve other trade organizations to express strong concern about the American Law Institute’s pending draft Restatement of Law for consumer contracts.
In this episode, employment law attorney Steve Greene and ABA senior counsel Jonathan Thessin discuss operational and compliance considerations that banks may want to consider before offering or expanding telework options.
Connecting the dots between internal audit, legal, human resources and compliance.
The Consumer Financial Protection Bureau will likely issue a rule to define what kinds of practices it considers “abusive” under the Dodd-Frank Act, providing greater clarity to the controversial UDAAP standard created by the statute, Acting Director Mick Mulvaney said today.
This week, ABA’s legal team provides a preview of key cases in the Supreme Court’s 2018-19 term and their significance for banks.
Banks should not expect relief from the courts when faced with losses caused by retailer negligence.
For an industry caught between state and federal law, a change can’t come soon enough.
In promulgating its rule implementing the Fair Housing Act’s discriminatory effects standard, the Department of Housing and Urban Development erred in ignoring Supreme Court precedent on determining disparate impact, ABA and 52 state bankers associations wrote in a comment letter to HUD today.