the Consumer Financial Services Group
When it makes its debut on July 21, 2011, the Consumer
Financial Protection Bureau (CFPB) intends to immediately launch its
supervision program for large banks.
In a release issued on July 12, 2011...
The U.S. Department of Labor has slightly delayed the deadlines on significant new
affirmative obligations for fiduciaries of retirement plans subject to the
Employee Retirement Income Security Act (ERISA).
Although the deadlines have been pushed...
By Kurt R. Anderson
and Brian M. Pinheiro
The U.S. Department of Labor has slightly delayed the deadlines
on significant new affirmative obligations for fiduciaries of
retirement plans subject to the Employee Retirement Income Security Act
The Federal Financial Institutions Examination Council
(FFIEC), noting that security threats continue to mount, has supplemented its 2005
guidance on authenticating the identity of customers who access their
financial accounts online. The supplement addresses...
by Rebecca J. Olsen
and William C. Rhodes
On July 8, 2011, the Governmental Accounting Standards Board (GASB)
released proposed changes to its standards for pension accounting and
financial reporting by state and local governments, which face growing...
by the Consumer Financial Services Group
The Office of the Comptroller of the Currency
(OCC) outlines its expectations for national bank foreclosure management
practices in guidance issued on June 30, 2011.
The guidance directs national banks...
By Laura Anne Kowal , Jennifer L. Miller and Estelle J. Tsevdos
Reconciliation between the patent reform legislation passed by the
U.S. House on June 23, 2011, and the earlier bill approved by the Senate
is expected, enabling the Leahy-Smith America...