State Attorneys General Practice | Cozen O'Connor’s Post

I'm pleased to announce the publication of an article co-authored with my colleague Emily Yu in Law360's Expert Analysis section, titled "CFPB's New Registration Rule Will Intensify Nonbank Scrutiny." In our analysis, we examine the scope of the #CFPB's nonbank registration rule and urge #NonbankFinancialFirms to understand the rule's implications and develop proactive #compliance strategies to demonstrate their commitment to #consumerprotection. Read the full article for more insights: https://lnkd.in/eJsZZM95  

In our latest Law360 Expert Analysis article, Ketan Bhirud and I examine the CFPB's new rule establishing a nonbank registry for repeat corporate offenders. We also offer insight on the implications of the registry on nonbank firms (big and small) and suggest proactive compliance measures that those entities may want to start taking. Article available here: https://bit.ly/4f0i6wK.

My thoughts on the #cfe financial transactions and fraud schemes

#aml #antimoneylaundering #moneylaundering #financialcrime #fincrime Are you on your A game? Knowing (financial crime) is not enough, you need to understand (the crimes connected to it)… Check out The Laundry® at: thelaundrynews.com

📊 Did you know that 90% of financial crimes go undetected without proper compliance? The Bank Secrecy Act (BSA) stands as the cornerstone of financial crime prevention in the U.S., evolving to meet new challenges in 2024. Staying compliant isn't just a legal requirement—it's essential for protecting your institution from significant risks. In our latest blog, we break down the evolution, key amendments, and actionable steps to ensure your institution remains on the right side of the law. 💡 Arm your business with the insights you need to navigate this complex regulatory landscape: 🔗 👉 https://bit.ly/46M5ohg #BankSecrecyAct #AMLCompliance

Tomorrow's the day! Bank Counsel Conference is finally here! Our final event feature is the one-and-only Marc Franson, partner with Chapman and Cutler LLP. His session is one you won't want to miss, diving straight into recent trends in consumer financial services. The doors are still open. Snatch your seat today: https://lnkd.in/gM842KZJ #IllinoisBankers #BankCounselConference #BankingLaw #commerciallending

Did you know fake bank and credit union messages are among the most reported text scams? Check out these five clues that it’s not really your financial institution behind the screen to protect yourself. #FinancialResourcesFCU #FRFCU #PuttingPeopleFirst #FraudPrevention #ScamPrevention #TextingScams

#aml #antimoneylaundering #moneylaundering #financialcrime #fincrime Want to stay up to date with what’s going on in financial crime? Follow The Laundry® on LinkedIn. Hopefully this way the updates will make it into your news feed, making sure you never miss out. Check it out plus much on The Laundry® at: thelaundrynews.com

Objectives Of Deposit Protection Corporation: 1. Protecting depositors by providing an orderly means of compensation in the event of failure of a member institution. 2. Contributing towards the stability and public confidence in the country’s financial system. #DPC #ProtectingYourDeposits #financialliteracy See insights and ads Boost post All reactions: 1 1

"Melbourne's ASIC Forum 2023 reveals rising financial distress among consumers, urging vigilant credit provider practices to shield against predatory lending and protect vulnerable businesses." https://lnkd.in/gYSJ522D #DebtCollection #CreditManagement #AccountsReceivable #Collections #FinancialRecovery #CreditRisk #DebtRecovery #CreditControl #PaymentSolutions #BusinessCredit #CommercialCollections #FinancialServices #CashFlowManagement #BadDebt #Creditors #DebtSettlement #CollectionAgency #CreditReporting #RiskMitigation #ReceivablesManagement