Compliance question of the month: March 2025
Compliance QOTM answers question on risk-based pricing notices of Regulation V.
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Recent news from Treasury’s Office of Foreign Assets Control: March 17
News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.
Recent news from Treasury’s Office of Foreign Assets Control: March 10
The Office of Foreign Assets Control announced the following sanctions action last week.
ABA files amicus brief supporting Citibank in New York attorney general’s EFTA lawsuit
ABA filed a coalition amicus brief urging the Southern District of New York to allow an interlocutory appeal of its...
ABA files coalition amicus brief in Ninth Circuit arguing NBA preempts California’s interest on escrow law
ABA filed a coalition amicus brief urging the Ninth Circuit to reverse a district court decision that ruled that the...
Florida judge recommends upholding CFPB’s 1071 rule
A Florida federal magistrate judge recommended granting CFPB summary judgment and denying the Revenue Based Finance Coalition's motion for summary...
City of Baltimore and National Treasury Employees Union sue to continue CFPB funding and operation
The city of Baltimore and The National Treasury Employees Union each sued CFPB, accusing it of unlawfully using its funding...
Delaware federal court refuses to dismiss JP Morgan’s lawsuit against Argus
A Delaware federal court granted in part and denied in part Argus, Verisk Analytics and TransUnion’s motion to dismiss JPMorgan’s...
Fifth Circuit vacates FTC’s CARS Rule
In a 2-1 decision, a Fifth Circuit panel vacated the CARS Rule, ruling the FTC violated the FTCA by promulgating...
Fourth Circuit rules servicemembers Civil Relief Act does not bar arbitration
In a 3-0 decision, a Fourth Circuit panel held that the SCRA does not override mandatory arbitration agreements in lenders’...
