In March of 2022, the Adjustable Interest Rate (LIBOR) Act (the “LIBOR Act”) was signed into law. The purpose of the LIBOR Act was to...

The London Interbank Offered Rate (“LIBOR”) has been the dominant interest rate benchmark around the globe for some time. Following the...

The assault on banks and financial institutions by non-practicing entities or “patent trolls” continues. Two weeks ago, we discussed a...

Update: As predicted in the below article, Auth Token expanded its litigation campaign, targeting additional banks and financial...

The Electronic Fund Transfer Act (the “EFTA”) was enacted for the purpose of protecting consumers and limiting their liability when...

On May 14, 2020, South Carolina enacted the Workforce and Senior Affordable Housing Act (the “Act”), which created a state tax credit for...

Since our March 2020 blog post, the Federal banking and credit union regulators (FRB, FDIC, NCUA, OCC and CFPB) (collectively, the...

On March 22, 2020, the Federal banking and credit union regulators (FRB, FDIC, NCUA, OCC and CFPB) (collectively, the “Agencies”), along...

On October 10, 2019, California’s Attorney General released its long-awaited draft regulations explaining how the state intends to...

State-chartered banks and non-banks alike face a challenging 50-state regulatory regime when offering interstate internet banking and...

California has again upped the ante on commercial lending compliance duties. The Golden State has recently adopted a new law requiring...