by the_admin | May 1, 2015 | Client Alerts
On December 19, 2013, the Federal Reserve, OCC, and FDIC issued a Proposed Addendum to the Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure. The agencies are currently soliciting comments, but we expect the Addendum to be adopted...
by the_admin | May 1, 2015 | Client Alerts
In late October, the primary Federal banking and financial industry regulators (Federal Reserve, SEC, CFPB, OCC, FDIC, and NCUA) issued a Proposed Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies and Practices of Entities...
by the_admin | May 1, 2015 | Client Alerts
On July 1, 2014, a number of changes to Florida banking laws went into effect. Despite the Florida legislature’s stated desire to decrease regulation on businesses, a new law serves to greatly increase regulation on community banks with respect to...
by the_admin | May 1, 2015 | Client Alerts
Certain changes to Florida banking laws went into effect on July 1, 2014. Some of these changes that will most significantly affect community banks include: Management Interlocks – It is now illegal for a Florida financial institution executive officer or director to...
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