Banking and Financial Institutions

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April 7, 2011
March 4, 2011

New Compensation Rules for Loan Originators Take Effect April 1, 2011

February 21, 2011

On February 7, 2011 the FDIC published a proposed rule addressing the Dodd-Frank Act’s requirement to prohibit incentive-based compensation arrangements which encourage inappropriate risk (i) by providing excessive compensation, or (ii) that could lead to a material financial loss to the financial institution.

January 27, 2010

In what could be the opening salvo in a campaign to move away from submission of hardcopy regulatory filings, on January 25, 2010, the Federal Reserve Board (the “Board”) fully activated its Electronic Applications.

January 13, 2010

Three recent regulatory pronouncements which banking organizations should consider in light of their existing incentive compensation arrangements and risk oversight models.

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