The penalty against Regions is the first imposed by the CFPB related to overdraft fees.
The Supreme Court will decide whether a plaintiff has standing to sue for statutory violations under the Fair Credit Reporting Act despite a lack of concrete injury.
The FDIC today issued a final rule making changes and clarifications to its prohibition on individuals or entities associated with the failure of a bank purchasing assets from the bank under FDIC receivership.
Deutsche’s deferred prosecution agreement is the largest of the Libor-rigging settlements.
A Fifth Circuit ruling in Barzelis v. Flagstar Bank F.S.B. will raise questions about how to define a “borrower” under RESPA.
The May/June issue of ABA Bank Compliance magazine, now available online for subscribers, features a cover story on what continuing class action and enforcement litigation means for frontline bank compliance. Other stories cover what bankers are doing to “derisk,” how to build a positive compliance risk management culture and how to handle a change in
Will 90 percent of MasterCard-issuing financial institutions accept the network’s settlement with Target?
On April 10, 2015, the Sixth Circuit Court of Appeals issued its long-awaited en banc decision in Equal Employment Opportunity Commission v. Ford Motor Company following a vacated panel decision from April 2014, in which a divided panel had reversed a district court’s summary judgment award in the employer’s favor.
On March 25, 2015, the Supreme Court issued its long-awaited opinion in Young v. United Parcel Service, Inc. to address whether, and to what extent, the Pregnancy Discrimination Act requires reasonable accommodations of pregnancy-related health issues and restrictions.
Circuits are split on the constitutionality of laws prohibiting merchants from imposing a surcharge on customers for using a credit card.