Gloria Han

Gloria Han

Alston & Bird

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Federal Banking Agencies Announce Intent to Rescind 2023 Community Reinvestment Act Final Rule and Return to Prior Framework

What Happened? The Federal Deposit Insurance Corporation (“FDIC”), Board of Governors of the Federal Reserve System (“Federal Reserve”) and the Office of the Comptroller of the Currency (“OCC”), (collectively, “federal...more

4/15/2025  /  Banks , Community Reinvestment Act , FDIC , Federal Reserve , Final Rules , Financial Institutions , OCC , Regulatory Oversight , Regulatory Reform , Regulatory Requirements

New York Passes New Removal Procedures for Officers, Directors, Trustees, and Partners of Any Entity Regulated by Department of...

What Happened? On December 21, 2024, New York Governor Kathy Hochul, signed into law, S7532, which repealed the existing section of the Banking Law addressing the removal of officers, directors, and trustees of banking...more

1/14/2025  /  Banking Sector , Board of Directors , Corporate Governance , Corporate Misconduct , Director Removal , Enforcement Actions , Financial Institutions , Financial Regulatory Reform , NYDFS , Regulatory Requirements
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