On July 30, 2024, the Federal Deposit Insurance Corporation (“FDIC”) Board of Directors approved a final rule that updates the FDIC’s regulations concerning Section 19 of the Federal Deposit Insurance Act, 12 U.S.C.§ 1829...more
On December 23, 2022, President Biden signed into law H.R. 7776, the “James M. Inhofe National Defense Authorization Act for Fiscal Year 2023” (the “NDAA 2023”). What many may not yet realize is that Section 5705 of the NDAA...more
2/7/2023
/ Criminal Background Checks ,
Criminal Records ,
Depository Institutions ,
Employer Liability Issues ,
Employment Discrimination ,
FDI Act ,
FDIC ,
Federal Credit Unions ,
Federal Labor Laws ,
Financial Institutions ,
Hiring & Firing ,
Job Applicants ,
Labor Reform ,
NCUA ,
NDAA ,
New Legislation
On December 23, 2022, President Biden signed into law H.R. 7776, the “James M. Inhofe National Defense Authorization Act for Fiscal Year 2023” (the “NDAA 2023”). What many may not yet realize is that Section 5705 of the NDAA...more
2/6/2023
/ Criminal Background Checks ,
Criminal Records ,
Depository Institutions ,
Employer Liability Issues ,
Employment Discrimination ,
FDI Act ,
FDIC ,
Federal Credit Unions ,
Federal Labor Laws ,
Financial Institutions ,
Hiring & Firing ,
Job Applicants ,
Labor Reform ,
NCUA ,
NDAA ,
New Legislation
On July 24, 2020, the Federal Deposit Insurance Corporation (FDIC) published a Final Rule regarding Section 19 of the Federal Deposit Insurance Act, 12 U.S.C. § 1829 (“Section 19”), which restricts hiring at FDIC-insured...more
The Federal Deposit Insurance Corporation (FDIC) recently published its final rule on modifications to the Statement of Policy (SOP) for Section 19 of the Federal Deposit Insurance Act, 12 U.S.C. § 1829 (“Section 19”), which...more