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12 May 2021, 10:59 am by Jeremy T. Rosenblum
  In a joint statement, the groups called the Durbin Amendment “flawed from the beginning, making it harder for banks and credit unions to serve consumers, causing unintended consequences for financial institutions and failing to deliver on its promise to lower retail prices. [read post]
29 Apr 2021, 6:00 am by WNN
The anti-retaliation provisions of the law do not cover employees at FDIC-insured institutions or credit unions. [read post]
28 Apr 2021, 7:51 am by Mark MacCarthy, Kenneth Propp
The European Union’s proposed artificial intelligence (AI) regulation, released on April 21, is a direct challenge to Silicon Valley’s common view that law should leave emerging technology alone. [read post]
27 Apr 2021, 5:15 pm by Cynthia Marcotte Stamer
ARP Tax Credit Amounts The ARP paid leave credits are tax credits against the employer’s share of the Medicare tax. [read post]
The Equal Credit Opportunity Act and occasions when a company might use a biased algorithm that results in credit discrimination on the basis of race, color, religion, national origin, sex, marital status or age, or because a person receives public assistance. [read post]
22 Apr 2021, 1:34 pm by Richard J. Andreano, Jr.
  The agencies are the Comptroller of the Currency, Farm Credit Administration, FDIC, Federal Reserve Board, and National Credit Union Administration (Agencies). [read post]
22 Apr 2021, 8:58 am by Kristian Soltes
The hearing featured three law professors, a representative of the National Association of Federally-Insured Credit Unions (NAFCU) and former U.S. [read post]
16 Apr 2021, 8:43 am by Kristian Soltes
The companies accuse the credit card behemoths of violating European Union and national competition law by forcing businesses to pay inflated merchant service charges. [read post]
7 Apr 2021, 7:13 pm by Cynthia Marcotte Stamer
Sponsoring employers or other plan sponsors may qualify to claim an employment tax credit for COBRA premiums paid on behalf of assistance eligible individuals. [read post]
26 Mar 2021, 8:27 am by Adam Isles, Paul Rosenzweig
On Feb. 4, 2021, the New York State Department of Financial Services issued guidance on the cyber insurance market to foster more robust industry approaches to “managing and reducing the extraordinary risk we face from cyber intrusions. [read post]
26 Mar 2021, 4:00 am by Jim Sedor
Tensions between federal watchdogs and the administration they monitor are not uncommon. [read post]
17 Mar 2021, 12:44 pm by Ellis Cose
In October 1919, after Black sharecroppers in Elaine convened a union meeting, newspapers labeled the effort a “Negro uprising. [read post]
28 Feb 2021, 10:02 am
As a representative from an auto lender, equipment lender, truck lender, credit union, bank, or other financial institution, you might want to learn more about the possibilities that the Biden Administration is open to with regards to credit reporting reform. [read post]
11 Feb 2021, 1:03 pm by Cynthia Marcotte Stamer
The proposed COBRA subsidy mandate is one of several COVID-19 relief provisions impacting employers and their benefit programs the Ways & Means Committee is marking up this week, including: Additional direct assistance that would increase the COVID direct payment for qualifying working families by an additional direct payment of $1,400 per person, bringing their total relief to $2,000 per person; Extend temporary federal unemployment and benefits with increased weekly benefits; Significantly… [read post]
8 Feb 2021, 10:28 am by Seyfarth Shaw LLP
By bringing the right cases in front of the board, the Biden Administration will be able to accomplish many of the policy goals underlying the exceedingly union-friendly PRO Act, which will almost assuredly not pass in its current form. [read post]
26 Jan 2021, 5:29 am by Kevin Kaufman
While they make up one-third or more of the revenue for many of the 37 countries in the Organisation for Economic Co-operation and Development (OECD), this is not true across the board. [read post]
21 Jan 2021, 1:12 pm by Melissa Healy and John Dudrey
  At that point, the Board can be expected to revisit the Trump Board’s decisions on topics such as employee handbook policies, employee use of employers’ email systems for union organizing, and unions’ ability to organize “micro-units” of small groups of employees. [read post]
 In the labor area, employers often witness a dizzying back-and-forth based on a new administration’s political leanings and the National Labor Relations Board (NLRB) members it appoints. [read post]
14 Jan 2021, 8:59 am by Robert N. Stavins
So, global fear of Trump gets credit (and explains why Trump’s withdrawal date of Nov. 4, 2020, was the earliest allowed). [read post]
11 Jan 2021, 8:32 am by Jane Turner
Cleo worked at a credit union and took care of Kim’s brother, who was very sick with Rheumatic fever. [read post]