Bank Law Monitor

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Sep 24, 2015

Compliance Resources, Cybersecurity, Bank Law Monitor

Introduction In connection with a presentation I was asked to make by the Federal Home Loan Bank to some of its member banks, I crafted this article on “Coping with the CAMELS.” As you know, this is an acronym for the six ratings in commercial bank e...

States Are Amending Their Data Breach Laws. Why Should Banks Care?

Jul 28, 2015

Banking Technology, Cybersecurity, Bank Law Monitor

Data security and data breach notifications are—or should be—on everyone’s mind these days. Banks are certainly no exception. And banks, in general, are setting good examples for other businesses because banks’ data security systems and incident-resp...

Updates and Additions to Washington's Limited Liability Company Act

Jul 21, 2015

By Danielle Hunt, Brenna Dickey

Washington Legislation, Bank Law Monitor

The Washington State Legislature has adopted a major overhaul of Washington’s current Limited Liability Company Act (the “Act”). The updated Act is the result of a multi-year effort by the Washington State Bar Association to make the Act more modern,...

Hacked

Jun 24, 2015

Cybersecurity, Bank Law Monitor

It Can Happen to You I woke up this morning to a fraud alert from Citibank on my credit card. After going through the Spanish Inquisition to secure my identity, I finally learned what had triggered the alert—a small transaction in Spain. When I att...

Don’t Be the Next Blockbuster, Kodak, or Encyclopaedia Britannica

Jan 21, 2015

Banking Technology, Bank Law Monitor

The Changing Face of America While attending a recent presentation at the California Bank Presidents’ Seminar by Brett King, CEO and founder of Movenbank, the world’s first direct mobile-only bank, I was inspired to write another Cyber-Graham. The cr...