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19 Mar 2020, 3:01 am
Relatedly, recent tariffs on medical supplies haven’t been helpful, encouraging large factories overseas to prioritize customers outside the U.S. [read post]
19 Mar 2020, 2:00 am
Contact Von Bank at jzygmunt@wellbeats.com. [read post]
18 Mar 2020, 7:28 pm
[This post first appeared on MusicTech.Solutions] After the cancellation of SXSW, we need to think about those “force majeure” clauses that everyone skips over in contractual boilerplate. [read post]
18 Mar 2020, 4:28 pm
This might be why the law required banks to notify customers with traditional IRAs of an upcoming RMD. [read post]
18 Mar 2020, 2:41 pm
Howard Bank has set up a Coronavirus Resource Center on its web site to update customers on changes to its operation because of the COVID-19 virus. [read post]
18 Mar 2020, 2:37 pm
Please note: Government guidance and regulation is changing rapidly, and so it is important for employers to always check on the applicable government site and with the Orrick team on the latest information. [read post]
The Coronavirus in the International Workplace – How do Multinational Employers React Appropriately?
18 Mar 2020, 12:55 pm
Andrew Bailey, the new Governor of the Bank of England urged UK firms to speak to the government or the Bank of England if they are in need of assistance to deal with the demand and supply side shocks to their businesses. [read post]
18 Mar 2020, 12:13 pm
Bank Accounts. [read post]
18 Mar 2020, 10:34 am
Take the process of receiving customer payments, for example. [read post]
18 Mar 2020, 9:38 am
Alongside the Bank we are actively reviewing the contingency plans of a wide range of firms. [read post]
18 Mar 2020, 8:48 am
This will guide banks on various operational and customer topics. [read post]
18 Mar 2020, 8:34 am
This does not include venues that provide essential goods or services such as grocery stores, hospitals, pharmacies, gas stations, banks/credit unions, and shelters. [read post]
18 Mar 2020, 7:27 am
The recommendation would effectively limit the circumstances under which a company could be required to transfer the customer data. [read post]
18 Mar 2020, 7:27 am
The recommendation would effectively limit the circumstances under which a company could be required to transfer the customer data. [read post]
18 Mar 2020, 5:56 am
Banks such as Truist, Citibank, Bank of America and Capital One are among the many that are taking measures to help customers during this difficult time. [read post]
17 Mar 2020, 3:18 pm
“Significant Flexibility” in Classifying Credits The FDIC assured banks that their “prudent efforts to modify the terms on existing loans for affected customers will not be subject to examiner criticism” but noted that banks must evaluate whether changes to certain loans experiencing COVID-19-related stress qualify as troubled debt restructurings. [read post]
17 Mar 2020, 12:30 pm
In 2018, the National Bank of Blacksburg filed a lawsuit against its insurer, Everest National Insurance Co., after two cybersecurity incidents in 2016 and 2017 cost the bank $2.4 million. [read post]
16 Mar 2020, 5:21 pm
The regulators also stated that they would work with banks should they need variances from regulatory requirements to be better able to serve the banking needs of their customers. [read post]
16 Mar 2020, 10:09 am
As known, the last massive Israeli expansion occurred in 1967 with the Six-Day War and currently the Golan Heights, the Gaza Strip and the West Bank, including East Jerusalem, are controlled by Israel. [read post]
16 Mar 2020, 8:43 am
On 13 March 2020, the House of Commons’ Treasury Committee published the Government and UK regulators’ (the PRA, FCA and Bank of England) responses to its reports on IT failures in the financial services sector and on economic crime. [read post]
