Oliver I. Ireland and Jeremy R. Mandell
Banking + Financial Services, Fair Lending, Financial Institutions + Financial Services, Financial Services Enforcement, Financial Services Litigation, Financial Services, Financial Technology, Mobile Payments, and Mortgage
Yesterday, five federal agencies – the Federal Reserve Board, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Bureau of Consumer Financial Protection – issued a two-page, joint statement on the role of supervisory guidance for regulated institutions. Although brief, the joint statement is significant.
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