Most Recent Blog Posts
Recent SEC activity around cybersecurity has led to increased focus on internal reports of breaches and vulnerabilities and the attendant internal control deficiencies.
In a May speech, Deputy U.S. Attorney General Rod Rosenstein announced the DOJ’s policy to avoid the application of duplicative penalties by multiple regulatory bodies.
A merchant of goods and services that makes sales in multiple states is no longer required to have physical presence in a state in order to be subject to sales and use tax in that state.
After making a subchapter S election, S corporations often forget to monitor their status to ensure it stays effective. What are some of the recommended ways to help maintain your bank’s S corporation status?
Throughout the past several months, concerns about a U.S. trade war with China have been escalating, fueled by a back-and-forth exchange of tariff threats by the Trump administration and Chinese President Xi Jinping.
Regulatory Relief for Community Banks: The Economic Growth, Regulatory Relief and Consumer Protection Act
President Trump signed into law the Economic Growth, Regulatory Relief and Consumer Protection Act, which reforms the Dodd-Frank Act and provides significant regulatory relief for smaller banks, community banks and credit unions.
Many financial institutions already realize the importance of cyber insurance coverage, but a joint statement issued by the FFIEC last month further emphasizes the need for inclusion of cyber insurance in your risk management program.
Banks sometimes think their officers will never leave, so planning for their future departure from the bank is not always a high priority.
By J. Marc Ward
Banks face legal uncertainty as states begin to legalize the use of marijuana.
Virtual shareholder meetings continue to rise in popularity, with 236 companies holding virtual meetings in 2017 and at least 300 expected to do so in 2018.