A Look Inside California’s Commercial Financing Disclosure Regulations

Nancy Thomas and Calvin Funk authored an article for The Banking Law Journal looking at the core disclosure requirements of the regulations recently issued under California’s new commercial financing disclosure law and some of the key issues that providers will need to navigate as they prepare compliance disclosures. “The California Office of Administrative Law has approved the Department of Financial Protection and Innovation’s [DFPI] final regulations implementing California’s first-of-its-kind commercial financing disclosure law,” the authors […]

By | November 29th, 2022 ||

US Federal Reserve Proposes Publishing List Of Institutions With A Master Account

On November 4, 2022, the Board of Governors of the Federal Reserve System (Federal Reserve) proposed to periodically publish a list of depository institutions that have access to Federal Reserve accounts—often referred to as “master accounts”—and payment services.1 This proposal would reverse a position that the Federal Reserve adopted in its recent account access guidelines and is intended to bring greater transparency to an arcane area of federal banking law. However, even if the proposal […]

By | November 26th, 2022 ||

Pocket MBA 2022: Finance For Lawyers And Other Professionals

Practising Law Institute (PLI) is hosting its annual Pocket MBA 2022: Finance for Lawyers and Other Professionals program. Pocket MBA is PLI’s hallmark program for attorneys representing clients in the financial industry, but their background training is not primarily in accounting principles and financial concepts. This program is designed to improve understanding of business strategies, accounting fundamentals, and vocabulary used by management, investors, auditors, and bankers.

Mayer Brown partner, Brian Hirshberg, will serve as a […]

By | November 20th, 2022 ||