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2 Jan 2024, 12:56 pm by Kevin LaCroix
Thus, as is discussed in the second section below, there were a series of new lawsuits filed in 2023 related to the Banking Crisis of 2023; indeed, banks in general were a more frequent target in 2023. [read post]
28 Dec 2023, 9:05 pm by Noah Brown
Supreme Court allowed New York to enforce a firearm law—passed in response to the Court’s decision in Bruen—that adds requirements for obtaining gun licenses and restricts carrying guns in more public places. [read post]
28 Dec 2023, 7:25 pm by Allan Blutstein
Fed’s 12 regional banks adopt records transparency policyThe policy, released by the New York Fed, will be effective Jan. 1 and “seeks to simplify and standardize the Federal Reserve Banks’ public information request process,” the central bank said.By Rajashree Chakravarty, Banking Dive, Dec. 22, 2023 The 12 regional Federal Reserve banks announced Thursday the adoption of… [read post]
22 Dec 2023, 11:00 am by Cynthia Marcotte Stamer
Thompson-in federal court, asserting wage claims under the Fair Labor Standards Act and New York Labor Law and violations of New York Labor Law § 740. [read post]
15 Dec 2023, 6:00 am by Michelle
But after the Federal Reserve launched the competing system FedNow in July, interest surged. [read post]
10 Dec 2023, 7:08 pm by Mark Ashton
New England, New York and the left coast cost the most. [read post]
6 Dec 2023, 7:49 am by Richard West
About 14% of U.S. households — or roughly 17 million — owe more than they own, according to Federal Reserve Bank of New York estimates. [read post]
1 Dec 2023, 6:00 am by Michelle
The legislation, first flagged last month, will broaden the legislation that empowers the Reserve Bank of Australia to regulate payments so that it applies to new and emerging technology. [read post]
20 Nov 2023, 9:01 pm by renholding
” 27 In other words, they knew they were doing business with BLMIS, had regular communications with it, and received payments from it: “Defendants’ alleged contacts with New York are not random, isolated or fortuitous. [read post]
9 Nov 2023, 9:05 pm by Brian Connor
Federal Reserve and heightened mandates for capital and liquidity. [read post]
Under the Federal Trade Commission’s (“FTC”) new amendment to the Safeguards Rule (the “Amended Rule”), non-banking financial institutions will have to report certain data breaches and other security events to the agency. [read post]
30 Oct 2023, 2:03 am by INFORRM
The New York Times reports on the race to develop stronger encryption techniques as the field of quantum computing continues to advance. [read post]
26 Oct 2023, 4:23 am by Seán Binder
Katie Rogers reports for the New York Times. [read post]
25 Oct 2023, 9:17 am by Sader Law Firm
With certain student loan payment requirements set to resume after a nearly four-year pause, the Federal Reserve Bank of New York found this may not result in a significant impact on the economy. [read post]
19 Oct 2023, 9:05 pm by Gianna Hill
Acharya, a professor at the New York University Stern School of Business, and several coauthors examined how banking stress tests can and should incorporate risks related to climate change. [read post]
18 Oct 2023, 9:00 am by Frank Santoro
Indeed, “New York law gives Surrogate’s Courts extensive powers over testamentary trusts,” Mercer, 609 F. [read post]
17 Oct 2023, 9:23 am by Sasha Volokh
Members of the New York State Crime Victims Board, a publisher challenged New York's "Son of Sam" law, which required convicted criminals to forfeit any profits from depictions of their crimes. [read post]
6 Oct 2023, 9:00 am by Zak Gowen
The legislation would amend the Federal Reserve Act to prohibit Federal Reserve banks from issuing “a central bank digital currency, or any digital asset that is substantially similar under any other name or label, directly to an individual,” according to the text of that proposed bill, H.R. 5403. [read post]