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Banks

Bradley Arant Boult Cummings LLP

OCC Announces That Debanking Practices Will Be Scrutinized During Bank Licensing and Community Reinvestment Reviews

On September 8, 2025, the Office of the Comptroller of the Currency (OCC) released Bulletin 2025-22, announcing that the OCC will assess an entity’s debanking practices when considering licensing filings and applications and...more

K2 Integrity

[Webinar] Investing in the European Defence Sector—How the New Era of Uncertainty Is Redefining Investment Strategies - September...

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No sector of the economy has changed as much in the last four years as the defence sector. Before the Russian invasion of Ukraine in 2021, the ESG criteria adopted by many banks and funds made it difficult for investors to...more

Troutman Pepper Locke

OCC to Assess Banks’ “Debanking” Practices as Part of Licensing and CRA Reviews

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On September 8, the Office of the Comptroller of the Currency (OCC) took significant action to “depoliticize” the federal banking system by issuing two bulletins to banks that further the goals of Executive Order 14331...more

Orrick, Herrington & Sutcliffe LLP

FinCEN releases notice to financial institutions on financial exploitation of minors

On September 8, FinCEN issued a notice to financial institutions to help identify and report suspicious activity related to financially motivated sextortion, an online threat with financial and social consequences for...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – September 2025 # 2

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Cadwalader, Wickersham & Taft LLP

Summer’s Over and the Regulations Keep Coming, September 2025 - Cadwalader Capital Corner: Federal Reserve Announces Individual...

On August 29, the Federal Reserve Board (“FRB”) announced the individual capital requirements for all large banks, effective on October 1. This announcement follows the June announcement on the results of the supervisory...more

Orrick, Herrington & Sutcliffe LLP

OCC releases August 2025 CRA evaluations

On September 2, the OCC published CRA performance evaluations for 11 national banks and federal savings associations, covering the period from August 1 through August 31. ...more

Orrick, Herrington & Sutcliffe LLP

Three senators request info from 25 banks on their overdraft practices

On August 28, Sens. Elizabeth Warren (D-MA), Bernie Sanders (I-VT), and Richard Blumenthal (D-CT) sent letters to 25 major banks requesting information regarding their overdraft policies and profits following the repeal of...more

Goodwin

Executive Order Takes Aim at “Debanking”

Goodwin on

In August 2025​​​​​​​, President Donald Trump issued an executive order broadly aimed at preventing banks from closing or restricting accounts due to a customer’s “political or religious beliefs,” a practice known as...more

Phelps Dunbar

Banks and DEI Efforts: Managing New Challenges

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Banks and financial institutions are among several sectors facing uncertainty on how to ensure their employment practices, including  diversity, equity and inclusion (DEI) initiatives, comply with federal and state laws. ...more

Orrick, Herrington & Sutcliffe LLP

California enacts law requiring interest on hazard insurance proceeds

On August 29, California enacted AB 493, which mandates that financial institutions holding hazard insurance proceeds in a loss draft account — while property repairs are pending — pay at least 2 percent simple annual...more

Orrick, Herrington & Sutcliffe LLP

OCC releases new fees and assessments for supervised banks

On August 29, the OCC issued a bulletin announcing new fees and assessments for all national banks, federal savings associations, and federal branches of foreign banks. ...more

Hogan Lovells

PSD3 Impacts - September 2025

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1. Introduction - Given the sea change of PSD2, one might expect the prospect of the proposed PSD3 and PSR to have PSPs groaning at the thought of yet more root and branch reg change projects. However, whilst the proposals...more

Troutman Pepper Locke

Decoding Crypto Legislation: GENIUS Moves and Clarity Paths — The Crypto Exchange Podcast

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In this episode of The Crypto Exchange, Genna Garver is joined by Tom Tilton from Troutman Strategies to discuss key legislative developments in the crypto sector, focusing on the GENIUS Act and the Clarity Act. They begin by...more

Troutman Pepper Locke

CFPB Industry Impact Uncertain Amid Priority Shift, Staff Cuts

Troutman Pepper Locke on

On April 16, the Consumer Financial Protection Bureau released a memo to staff outlining its new supervision and enforcement priorities for 2025. These priorities appear to be intended to reverse some of the more prominent...more

Troutman Pepper Locke

FDIC Updates Consumer Compliance Examination Manual to Eliminate Disparate Impact Analysis in Response to President Trump’s...

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On August 29, the Federal Deposit Insurance Corporation (FDIC) announced updates to its Consumer Compliance Examination Manual, marking a pivotal shift in how potential discrimination under the Equal Credit Opportunity Act...more

Kohrman Jackson & Krantz LLP

Ohio Supreme Court Clarifies No Duty of Disclosure in Guaranty Agreements

In August 2025, the Supreme Court of Ohio issued its decision in Huntington National Bank v. Schneider providing important guidance on the obligations of lenders in guaranty and suretyship relationships. The Court rejected...more

Davis Wright Tremaine LLP

FDIC Proposes Adding Flexibility to Official Sign and Advertising Requirements

On August 21, 2025, the Federal Deposit Insurance Corporation (FDIC) published a proposed rule with several key changes to its FDIC Official Sign and Advertising Rule, only two years after it adopted requirements that were...more

Troutman Pepper Locke

Louisiana Becomes Latest State to Pass EWA Legislation

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Louisiana has enacted a new Earned Wage Access (EWA) law, effective August 1, 2025. Sponsored by Representative Vinney St. Blanc, HB 368 introduces a comprehensive compliance framework for EWA providers, marking a pivotal...more

GeoDataVision

The Regulatory Compliance Ping Pong Game

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Regulatory Compliance has been an ever-evolving process for decades. But at least the changes have been mostly steady and slow. But during the last 15 years the pace of regulatory change has not only accelerated, but it’s...more

Latham & Watkins LLP

Recent Developments for UK PLCs - September 2025

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On 7 August 2025, the FCA published its review of share buybacks in UK listed equities, which analysed data on share buybacks executed for FTSE 350 issuers, as well as feedback from banks, issuers, investor representatives,...more

A&O Shearman

Regulatory Monitoring - August 2025

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Our monthly regulatory newsletter monitors all relevant developments regarding German and European regulatory law in English language. BMF: Draft bill for the Banking Directive Implementation and Bureaucracy Relief Act...more

Orrick, Herrington & Sutcliffe LLP

OCC terminates 2022 consent order against federally chartered digital asset bank

On August 18, the OCC terminated its 2022 consent order against a federally chartered bank specializing in digital assets. The OCC, in support of its decision, cited the safety and soundness of the bank and its compliance...more

Orrick, Herrington & Sutcliffe LLP

OCC announces August 2025 enforcement actions

On August 21, the OCC announced its enforcement actions for August. The OCC entered into a single formal agreement with a national bank to address alleged unsafe or unsound practices related to capital, strategic planning,...more

Orrick, Herrington & Sutcliffe LLP

Attorneys general urge including a safe harbor provision in the SAFER Banking Act

Recently, U.S. attorneys general from 32 states and territories authored a bipartisan letter urging Congress to advance the SAFER Banking Act of 2025, which would increase access to regulated banking and financial services...more

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