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Financial Institutions Answer Book: Law, Governance, Compliance (2016 Edition)

 
Author(s): Laura R. Biddle, Stuart Stein, Richard A. Schaberg
Practice Area: Banking, Corporate & Securities
Date: Jun 2016 i Previous editions(s) can be found in the Related Items tab.
ISBN: 9781402426292
PLI Item #: 170232

Financial Institutions Answer Book provides, in a Q&A format, a comprehensive overview of the complex federal requirements regulating financial institutions in the United States. Every aspect of a financial institution life cycle is covered, from understanding the differences in regulation based on the type of charter chosen, through ongoing capital and deposit activities requirements and major changes in corporate control, to the cessation of entity activity through merger, acquisition or entity failure.

Financial Institutions Answer Book describes the requirements under each type of charter for the major areas of financial institution activity, such as:

  • The creation of branch offices and deposit activity
  • Corporate governance
  • Executive compensation
  • Deposit insurance requirements
  • Insider and affiliate transactions
  • Anti-money laundering and U.S. trade sanctions
  • Examination and audit
  • Privacy and data security

Reflecting the increased federal concern with fraud, money laundering and protecting the federal taxpayer from bank defaults, individual chapters are devoted to describing in detail the federal enforcement agencies and their powers, anti-money laundering and other fraud issues, the required examinations and audit process, and regulatory approaches to problem banks and failure.

 

This book will be of interest to lawyers, financial institution managers, officers, directors and others seeking quick answers to questions regarding the regulation of banks and other financial institutions.