Breaking | Alabama Bank News

Practice Pointers for Banks Dealing With ICE Investigations

Board Briefs, Breaking, Industry Reports, Legal

by Stephen Davis and Joey A. Chbeir U.S. Immigration and Customs Enforcement (“ICE”) is in the process of hiring approximately 10,000 additional ICE officers. Many of these will be assigned to investigate workforce compliance with immigration regulations. Tom Homan, the deputy director of ICE, ...Read More

New Tools to Tell the Story of America’s Banks

Breaking, Industry Reports, Politics

by Rob Nichols, president and CEO of the American Bankers Association One of the reasons the banking industry is seeing an improved policy environment in Washington is because bankers have spent the last few years telling their stories. They didn’t ask for regulatory relief ...Read More

LEGISLATIVE UPDATE: Is Regulatory Relief Coming for Banks?

Breaking, Industry Reports, Politics, Publications

Background On March 14, the United States Senate passed S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, which if enacted would provide significant regulatory relief to smaller financial institutions, including community banks, credit unions, midsize banks, small regional banks, and custody ...Read More

Supreme Court Update for Banking and Financial Services Professionals

Breaking, Industry Reports, Legal, Publications

by Charles W. Prueter As we near the end of the Supreme Court’s Term, the Court has a number of momentous cases left to decide, and a quick peek into several of those cases is in order. While these potential blockbusters do not directly ...Read More

FMLA Tax Credit

Breaking, Health Care Alert, HR News, Publications

Last year’s tax bill, the Tax Cuts and Jobs Act, contained a provision for a tax credit for employers who offer paid FMLA time; subject to a number of conditions discussed by IRS below. This credit is essentially for 12½ percent of FMLA pay ...Read More

Fifth Circuit Strikes Down Department of Labor’s Fiduciary Rule

Breaking, HR News, Industry Reports

By Jennifer Kirby, Compliance Alliance Nearly a year ago, a Texas district court judge completely rejected investment industry advocacy groups’ arguments that the Department of Labor exceeded its authority in crafting the Fiduciary Rule. On March 15, the United States Court of Appeals for the ...Read More

Supreme Court Update for Banking and Financial Services Professionals

Breaking, Legal

by Charles W. Prueter, Waller Two recent developments at the Supreme Court — both featuring the incomparable Justice Elena Kagan — merit particular attention in this forum. Early on in the month of March, the Supreme Court decided a bankruptcy case involving a large ...Read More

Capitol Notes: Week Eleven

Breaking, Capitol Notes, Legal, Politics, Publications

With two days remaining in the proposed schedule for the 2018 Regular Session, all of the three bills still being tracked by the association are in position to pass before the final day adjourns next week. First, House Bill 417, a bill Rep. Chris ...Read More

Need More Capital? Relief May be on the Way

Board Briefs, Breaking, Industry Reports, Legal, Publications

by Andrew Nix, Maynard Cooper & Gale Life as a community bank has become increasingly challenging in recent years, with massive increases in regulatory burdens, compliance costs and capital requirements on top of industry consolidation and impediments to quality asset growth. There are a ...Read More

Capitol Notes: Week Ten

Breaking, Capitol Notes, Politics, Publications

The light at the end of the tunnel is finally visible, as talk around the State House this week revealed that House and Senate leaders are planning to make March 29 the final day of the 2018 Regular Session. If that plan holds true, ...Read More

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