Jordan Hare

Jul 29, 2024 | jdsupra.com | Deborah Connor |Marc-Alain Galeazzi |Jordan Hare

Key Takeaways: The federal banking agencies proposed amending the anti-money laundering program requirements applicable to their supervised institutions for consistency with FinCEN anti‑money laundering program requirements. These requirements, if implemented, would codify certain longstanding supervisory expectations and guidance.

Jul 9, 2024 | jdsupra.com | Natalie Fleming Nolen |Jordan Hare |Jeremy Mandell

On July 1, 2024, the U.S. Supreme Court issued a decision in Corner Post, Inc. v. Board of Governors of the Federal Reserve System, holding that an Administrative Procedure Act (APA) claim does not accrue for purposes of the APA’s six-year statute of limitations until the plaintiff is injured by final agency action.

Jul 9, 2024 | lexology.com | Jeremy Mandell |Jordan Hare

On July 1, 2024, the U.S. Supreme Court issued a decision in Corner Post, Inc. v. Board of Governors of the Federal Reserve System, holding that an Administrative Procedure Act (APA) claim does not accrue for purposes of the APA’s six-year statute of limitations until the plaintiff is injured by final agency action.

Oct 26, 2023 | lexology.com | Jeremy Mandell |Jordan Hare

On October 25, 2023, the Federal Reserve Board (“Board”) issued a proposed rule that would reduce the debit card interchange fee cap in Regulation II (12 C.F.R. pt. 235). The Board promulgates Regulation II pursuant to its authority under the so-called Durbin Amendment to the Dodd-Frank Act (15 U.S.C. § 1693o-2).