Alston & Bird has kicked off a series of webinars for the first and second quarters of this year that will explore in-depth the legislative and regulatory actions that will force operational changes in the banking industry. A critical component of financial regulatory reform efforts is the perceived need to enhance consumer protections. The CARD Act has introduced a number of new compliance obligations on the payment card industry, and the Federal Reserve has recently completed an update to its rules impacting electronic fund transfers. In addition, the recently released House and Senate bills promise significant systemic changes to the financial services industry designed to enhance the regulation of consumer loan products and services offered by both bank and non-bank lenders. Washington DC attorneys Paul Martino, Christy Young and Joe Yesutis, and Atlanta attorney Duncan Douglass, addressed the following topics.
- Reg. E
- The proposed “Consumer Financial Protection Agency”; Who and what is intended to be covered?
- CARD Act
- The “Payment, Clearing, and Settlement Act of 2010”: What is a “financial market utility,” and how will this new regulatory oversight be exercised?
April 14, 2010
1:00pm - 2:00pm EDT