Tag Archives: Banking

US Federal Banking Agencies issue Community Bank Leverage Ratio proposal

On November 21, 2018, the Office of the Comptroller of the Currency (the “OCC”), the Board of Governors of the Federal Reserve System (the “Board”), and the Federal Deposit Insurance Corporation (the “FDIC”) (collectively, the “Federal Banking Agencies” or the … Continue reading

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Banking Crisis, State Aids and What is to Come

Ms. Kroes, the member of the Commission responsible for State aid control and antitrust recently addressed the Economic and Monetary Affairs Committee of the European Parliament. Her speech, which gives some indication of the calamitous state of the banking sector… … Continue reading

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Article on Corporate Tax Enforcement Externalities and the Banking Sector

John Gallemore & Martic Jacob recently published an Article entitled, Corporate Tax Enforcement Externalities and the Banking Sector, Tax Law: Tax Law & Policy eJournal (2018). Provided below is an abstract of the Article. Governments around the world are considering… … Continue reading

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Consumer Data Right and Open Banking: Government moves forward on legislation

The Australian Treasury has recently released draft legislation[1] with respect to Consumer Data Right (CDR) for public consultation.  Under the proposed CDR regime, businesses in certain sectors of the economy will be compelled to provide consumers (individuals and business customers) … Continue reading

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Federal Banking Regulators Issue Final Rule On Financial Institutions Affiliate Marketing

The five federal financial regulatory agencies have jointly issued final regulations implementing Section 214 of the Fair and Accurate Credit Transactions Act (FACTA), which amends the Fair Credit Reporting Act (FCRA). The regulations allow consumers to opt out and prevent … Continue reading

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