Banking Law - Guide to Bank and Bank Regulation Law
Banking Law - US
- ABA Section of Business Law - Banking Law
This Committee offers attorneys of diverse backgrounds common meeting ground to educate themselves and update their knowledge, as well as to exchange ideas search for issues regarding the representation of financial institutions.
- Bank Secrecy Act
The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires U.S.A. financial institutions to assist U.S. government agencies to detect and prevent money laundering. Specifically, the act requires financial institutions to keep records of cash purchases of negotiable instruments, file reports of cash transactions exceeding $10,000 (daily aggregate amount), and to report suspicious activity that might signify money laundering, tax evasion, or other criminal activities.
- Banking - Key Laws and Regulations
Bankersonline brings key laws and regulations, including all of the Federal Reserve's "lettered" regulations, in a user-friendly form. Each regulation or law has its own table of contents page. Each section is laid out on a separate page to make them faster to load and easier to print.
- Code of Federal Regulations, Title 12 - Banking and Banks
Title 12 of the United States Code outlines the role of Banks and Banking in the United States Code.
- Export-Import Bank of the United States
The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States. Ex-Im Bank's mission is to assist in financing the export of U.S. goods and services to international markets.
- Federal Reserve System - Purposes and Functions
Provides a detailed look at the structure, responsibilities, and operations of the Federal Reserve System. Revised in 2005 to reflect changes in monetary, regulatory, and other policy areas. Incorporates major changes in the law and in the structure of the financial system in the past decade.
- Financial Crimes Information Network (FinCen)
FinCEN’s mission is to enhance U.S. national security, deter and detect criminal activity, and safeguard financial systems from abuse by promoting transparency in the U.S. and international financial systems.
- FTC - Electronic Fund Transfer Act
(a) The Congress finds that the use of electronic systems to transfer funds provides the potential for substantial benefits to consumers. However, due to the unique characteristics of such systems, the application of existing consumer protection legislation is unclear, leaving the rights and liabilities of consumers, financial institutions, and intermediaries in electronic fund transfers undefined. (b) It is the purpose of this title to provide a basic framework establishing the rights, liabilities, and responsibilities of participants in electronic fund transfer systems. The primary objective of this title, however, is the provision of individual consumer rights.
- United States Department of the Treasury
The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States. The Department is responsible for a wide range of activities such as advising the President on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions. The Department of the Treasury operates and maintains systems that are critical to the nation's financial infrastructure, such as the production of coin and currency, the disbursement of payments to the American public, revenue collection, and the borrowing of funds necessary to run the federal government.
United States Federal Reserve Banks
Banking Law - Europe
- European Bank for Reconstruction and Development (EBRD)
This page is the entry point for all the EBRD's strategies, policies, procedures and related guidelines. From this page you can access: * Corporate policies, procedures and strategies * Sectoral policies and strategies * Country strategies * Board activity.
- European Central Bank (ECB)
The European Central Bank provides: * All ESCB/ECB legal acts, as published in the "Official Journal of the European Union" (OJ), sorted by topic and time. * Multilingual: available in 22 languages. Choose your preferred language at the top of the screen. * Full context: each legal act is presented with corrigenda, repealed legislation, related ECB acts, related adopted Community legislation and other related information, such as press releases.
- European Investment Bank (EIB)
The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union. The task of the Bank is to contribute towards the integration, balanced development and economic and social cohesion of the EU Member States.
Banking Law - International
- Bank for International Settlements (BIS)
The Bank for International Settlements (BIS) is an international organisation which fosters international monetary and financial cooperation and serves as a bank for central banks.
- Canadian Banking Law
In Canada, the federal government has the exclusive constitutional power to legislate with respect to banks.
- Center for the Study of Central Banks
The Center has been designed to accomplish three major goals: o The collection and dissemination of information related to central banks and financial systems. o The facilitation of discussion among central bankers, scholars, and those in related fields by simplifying the process by which information is gathered and distributed. o The encouragement of scholarly research on central banks and financial systems.
- Institute of International Banking Law and Practice (IIBLP)
The Institute of International Banking Law & Practice has begun a series of Advisory Councils. Each Advisory Council is made up of the top experts in the region in the areas of LC Banking, Corporate LC Users, and Legal Advisors. The goal of each council is to promote sound LC practice.
- World Bank
The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors.
Organizations Related to Banking Law
- American Bankers Association
The American Bankers Association brings together banks of all sizes and charters into one association. ABA works to enhance the competitiveness of the nation's banking industry and strengthen America's economy and communities.
- Banking Business Review
The Business Review websites are your number one stop for all the latest news, comment and industry information. Each Business Review website offers content that is produced by a dedicated team of journalists and global industry experts. In addition to the free content made available on the sites an intelligence store will provide you with premium market analysis reports from the leading global suppliers of market research and industry analysis.
- Electronic Funds Transfer Association (EFTA)
The Electronic Funds Transfer Association (EFTA) is the nation’s leading inter-industry professional association promoting the adoption of electronic payment systems and commerce.
- Federal Deposit Insurance Corporation (FDIC)
The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $100,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.
- Federal Financial Institutions Examination Council's (FFIEC)
The Council is a formal interagency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the Board of Governors of the Federal Reserve System (FRB).
- National Information Center (NIC)
The National Information Center (NIC) is a central repository of data about banks and other institutions for which the Federal Reserve has a supervisory, regulatory, or research interest, including both domestic and foreign banking organizations operating in the United States. This web site provides access to NIC data, allowing the public to search for detailed information about banking organizations.
- OCC Electronic Banking Guidance
OCC issues guidance to ensure national banks and their service providers and software vendors maintain safe and sound banking practices.
Publications Related to Banking Law
- Journal of Internet Banking and Commerce (JIBC)
The goal of this publication is to inform banking and electronic commerce academics, executives and professionals on principal developments, profit-oriented business architecture, benchmarked practices, compliance, risk and accountability, and future trends in the Internet-based business, management and marketing of governments and industry. This free online interactive journal is a way to provide critical perspectives, distribute results, share information, establish research and business contacts (networking), and keep in touch.
NetBanker is a leading online finance and banking blog. We cover everything from online banking to person-to-person lending to mortgage lead generation in order to give our 6,000+ subscribers the financial industry news and analysis they need daily.
Articles on HG.org Related to Banking Law
- Funding Portals 101The JOBS Act includes provisions to allow intermediaries known as “Crowdfunding Portals” to assist companies with raising capital using the internet. Crowdfunding Portals will serve as attractive capital raising centers for private companies seeking to go public in need of seed capital.
- The JOBS Act – The Crowdfunding LimboThe Jumpstart Our Business Startups (“JOBS”) Act was signed into law by President Obama on April 5, 2012. The JOBS Act requires the Securities and Exchange Commission (the “SEC”) to issue final regulations regarding the portions of the JOBS Act relating to crowdfunding within 270 days of the law’s enactment on December 31, 2012.
- The OTCBB – an Obsolete MarketplaceThe OTC Bulletin Board (“OTCBB”) is an electronic quotation system that provides real-time quotes, last-sale prices, and volume information for some over-the-counter securities not listed on a national securities exchange such as NASDAQ.
- Market Makers 101The last step in going public transactions is for the soon-to-be-public company to obtain a stock trading or ticker symbol. In order to obtain a ticker symbol, the company seeking to go public’s stock must first be listed on a national securities exchange or qualify for quotation on the OTCMarkets’ Pink Sheets, OTCQB, or OTCQX markets.
- Crowdfunding l The SEC’s Invisible RuleThe Jumpstart Our Business Startups (“JOBS”) Act was signed into law by President Obama on April 5, 2012. The JOBS Act requires the Securities and Exchange Commission (the “SEC”) to issue final regulations regarding the portions of the JOBS Act relating to crowdfunding within 270 days of the law’s enactment on December 31, 2012. As of May 5, 2012, the SEC still has not issued the required JOBS Act’s final regulations concerning crowdfunding.
- Rule 144’s Adequate Current Public Information RequirementRule 144(c) of the Securities Act of 1933, as amended (the “Securities Act”) requires that stockholders of public companies relying upon Rule 144 satisfy its adequate current public information requirement. The requirements depend upon whether the issuer is a reporting or non-reporting company.
- Form 211 l Going Public l OTC Pink SheetsMany private companies that go public are opting for the listing on the OTCMarket’s Pink Sheets due to the increased costs and more stringent regulations associated with Securities and Exchange Commission (“SEC”) reporting.
- Rules of the Road l Uplisting to the OTCMarkets OTC Pink SheetsThe OTCMarkets Group operates an electronic inter-dealer quotation system called OTC Link that broker-dealers use to trade securities not listed on a national securities-related exchange. OTCMarkets rank issuers in tiers; each issuer’s rank depends upon the amount of disclosure provided. Issuers using SEC Rule 15c2-11 qualify for the “OTC Pink Current Information” tier.
- Going Public Question & Answer l Ask Securities Lawyer 101Going public is a big step for any company. The process of “going public” is complex and at times precarious. While going public offers many benefits it also comes with risks and quantities of regulations with which issuers must become familiar.
- OTCQX Eliminates Penny Stocks l Securities Lawyer 101The OTCMarkets describes its OTCQX marketplace as the premier tier of the U.S. Over-the-Counter (OTC) markets, providing investors with an objective measure to ide3ntify exceptional OTC-traded companies.
- All Banking and Finance Law Articles
Articles written by attorneys and experts worldwide discussing legal aspects related to Banking and Finance including: asset protection, capital markets, corporate finance, financial planning, financial services law, investment law, offshore accounts, private equity, project finance, public finance, securities, trade investment and venture capital.