Regulatory Oversight, Depository Institutions, Financial Institutions

CFPB and OCC Signal Strategic Shifts in Supervision and Enforcement

Stinson LLP on 4/23/2025

In April 2025, both the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) announced significant changes to their supervisory and enforcement approaches, signaling a shift in...more

2024 Year in Review: Fintech

Goodwin on 3/14/2025

Financial technology — or fintech — companies will continue to receive increased regulatory scrutiny in 2025. The latter half of 2024 saw a rise in regulatory guidance and enforcement activity relating to fintechs and the...more

FDIC OIG reports on readiness to resolve large regional banks

Orrick, Herrington & Sutcliffe LLP on 1/15/2025

Recently, the FDIC Office of Inspector General released a report entitled, “FDIC Readiness to Resolve Large Regional Banks,” which evaluated the FDIC’s preparedness to resolve large regional bank failures under the Federal...more

NYDFS requires regulated institutions to submit plans describing preparations for LIBOR transition by Feb. 7

Ballard Spahr LLP on 1/9/2020

The New York Department of Financial Services has sent a letter to the institutions that it regulates requiring each such institution, by February 7, 2020, to provide to DFS a description of its “plan to address its LIBOR...more

Regulation CC Amended to Account for Electronic Check Collection

Stinson LLP on 6/5/2017

This week the Board of Governors of the Federal Reserve System issued a final rule amending portions of Regulation CC, which implements the Expedited Funds Availability Act. The changes primarily affect the check collection...more

Can You be Regulated by the CFPB?

Stinson - Corporate & Securities Law Blog on 9/9/2015

The Consumer Financial Protection Bureau, or CFPB, was created to enforce various consumer finance laws like the Equal Credit Opportunity Act, Fair Credit Reporting Act, Fair Debt Collection Practices Act, Home Mortgage...more