Abrigo

APRIL 6, 2022

In this guest column by Jeffrey Taft and Matthew Bisanz of Mayer Brown 's Financial Services Regulatory & Enforcement practice, learn more about how to be ready for compliance. The new requirements become effective on April 1, 2022, but compliance is not required until May 1, 2022. Expand and Clarify. How and When. Be Prepared.

Security 195

Security Regulation District of Columbia United States 195

PYMNTS

DECEMBER 18, 2018

million students in 43 states and the District of Columbia. It checks those compliance boxes and allows [charter schools] to confidently make purchases knowing the vendor and vendor’s products have been selected via a compliance-friendly process,” he said.

District of Columbia 122

District of Columbia Cards Colorado Management 122

CFPB Monitor

JUNE 20, 2019

In addition, it recites that because CU Connect plans to cease its business operations once it completes its obligations under the settlement, the Bureau agreed to the limited injunctive relief and compliance and reporting requirements set forth in the proposed stipulated judgment and order.

District of Columbia 60

District of Columbia Indiana Compliance Management 60

PYMNTS

FEBRUARY 4, 2020

Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S.

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. While the legalization of marijuana is a contentious political topic, a fact that is not contentious is that in the 33 U.S.

Taxes 177

Taxes Payments District of Columbia Alabama 177

CFPB Monitor

MAY 26, 2021

The FDIC has filed a motion for summary judgment in the lawsuit filed by the Attorney Generals of six states and District of Columbia to set aside the FDIC’s “ Madden -fix” rule. The lawsuit is pending before the same California federal district court judge (Judge Jeffrey S.

FDIC 78

FDIC District of Columbia Regulation California 78

CFPB Monitor

DECEMBER 6, 2018

The Attorneys General of 42 states and the District of Columbia (collectively, the States) have entered into an Assurance of Voluntary Compliance/Assurance of Discontinuance (Agreement) with Encore Capital Group, Inc. and its subsidiaries, Midland Funding, LLC and Midland Credit Management, Inc.,

District of Columbia 60

District of Columbia Illinois Training Compliance 60

PYMNTS

MARCH 22, 2017

Seven other states have followed suit within the last five years, including the District of Columbia. Coley, Regulatory & Compliance Principal and Former Fed Bank Examiner Dante Tosetti and Green Bits CEO Ben Curren. What has not changed is how payments for marijuana transpire.

Payments 123

Payments Taxes Colorado District of Columbia 123

CFPB Monitor

MAY 4, 2021

With regard to the method and volume of advertising, the CFPB asserts that since December 2015 Nationwide has mailed hundreds of thousands of mortgage advertisements and distributed flyers to older homeowners and financial professionals whose clients were older homeowners in at least 36 states and the District of Columbia.

Taxes 78

Taxes District of Columbia Regulation Payments 78

CFPB Monitor

OCTOBER 12, 2022

Among other criticisms, the trade groups assert that the Bill would impose difficult, if not impossible, compliance burdens on lenders that will result in decreased credit access and higher cost loans. The Bill has drawn criticism from credit industry trade groups such as the American Financial Services Association.

Regulation 144

Regulation District of Columbia Policies Groups 144

CFPB Monitor

SEPTEMBER 13, 2018

On September 5, 2018 a group of 14 state Attorneys General and the AG for the District of Columbia sent a comment letter to CFPB Acting Director Mick Mulvaney, urging him to refrain from “reexamining the requirements” of the Equal Credit Opportunity Act (“ECOA”).

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

MARCH 16, 2021

Also, over 20 state laws and the District of Columbia already prohibit discrimination in credit transactions on the basis of sexual orientation or sexual identity.

Regulation 78

Regulation District of Columbia Georgia Policies 78

CFPB Monitor

OCTOBER 24, 2018

In addition to describing the benefits that the MLA provides to servicemembers, the AGs assert that the Bureau “would be failing to abide by its statutorily mandated duty to enforce the MLA by restrictively interpreting its examination authority to preclude lenders’ compliance with the MLA.” They cite to the MLA provision (10 U.S.C.

Puerto Rico 74

Puerto Rico Virgin Islands District of Columbia Exercises 74

CFPB Monitor

DECEMBER 17, 2018

Twenty-three Democratic members of the House Financial Services Committee have sent a letter to Kathy Kraninger, the CFPB’s new Director, urging the Bureau to resume examining its supervised entities for compliance with the Military Lending Act (MLA).

Puerto Rico 60

Puerto Rico Virgin Islands District of Columbia Lending 60

PYMNTS

DECEMBER 11, 2019

That’s why, she noted, the Opportunity Fund in 2012 created a low-cost lending program for independent truckers to provide them with the funds to either retrofit their existing trucks into compliance with the state’s regulations, if possible, or to put a down payment on a new vehicle if not.

California 131

California District of Columbia Lending Taxes 131

CFPB Monitor

JANUARY 7, 2021

If a bank fails to satisfy its compliance obligations, the OCC will not hesitate to use its enforcement authority consistent with its longstanding policy and practice.

District of Columbia 78

District of Columbia North Carolina New York Policies 78

Independent Banker

OCTOBER 1, 2022

Our compliance program, based on elevated risk, is very robust. However, the ambiguous legal landscape complicates compliance; 47 states, the District of Columbia and four U.S. Our compliance program, based on elevated risk, is very robust,” she notes. “We Digital path to compliance. in Longview, Wash.

Marketing 113

Marketing Compliance Community Community Bank 113

PYMNTS

SEPTEMBER 27, 2019

In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized cannabis consumption for either legal or medical reasons. More complicated because the disconnect between state and federal regulation of the substance is growing wider by the year.

Taxes 151

Taxes Compliance District of Columbia Industry 151

CFPB Monitor

MAY 3, 2021

Separately, eight attorneys general representing seven states and the District of Columbia have filed an action in federal district court in the Southern District of New York seeking to set aside the rule.

North Carolina 60

North Carolina Lending National District of Columbia 60

FICO

DECEMBER 19, 2018

Court Appeals for the District of Columbia vacated key parts of the Federal Communications Commission (FCC) 2015 TCPA Order , which had created much confusion and sparked increased litigation. The FCC Will Issue a Major Declaratory Ruling on the Telephone Consumer Protection Act (TCPA). In March, the U.S.

Policies 40

Policies District of Columbia Regulation California 40

FICO

JANUARY 4, 2018

The surprise election of Donald Trump led to a 180-degree course correction of the regulatory agenda that bankers and compliance professionals had grown accustomed to in the wake of the financial crisis. The winds of change were howling and it was clear that the New Year would be dramatically different than previous ones for those in the U.S.

Regulation 53

Regulation DC District of Columbia Taxes 53