1-Hour Program

See Credit Details Below

Overview

As the federal regulator with supervisory authority over (non-Federal Reserve member) state banks and savings associations, the Federal Deposit Insurance Corporation (FDIC) continues to play an important role in the consumer protection arena. In this Briefing, special guest Leonard Chanin, Deputy to the FDIC Chairman, will discuss a wide range of topics with Alan S. Kaplinsky and Christopher J. Willis, leaders of Ballard Spahr LLP’s Consumer Financial Services Group.

Discussion topics will include:

  • Actions taken in response to the COVID-19 pandemic
  • Major areas of focus involving consumer financial services
  • Important consent orders and fines involving consumer financial services imposed during the last year
  • Guidance on small-dollar lending
  • Proposal on federal interest rate authority (that would undo Madden decision)
  • Statement on use of alternative data in credit underwriting
  • Proposal on deposit insurance applications from industrial banks and industrial loan companies

 

Program Level:  Update

Intended Audience:  In-house counsel, outside attorneys, financial advisors, compliance and other allied professionals in the consumer financial services industry

Prerequisites:  None

Advanced Preparation:  None

 

 

Credit Details

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