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Buckley Webcast: Looking ahead — Tighter scrutiny of deposit and payment practices

Regulators have shown keen interest in deposit and payment issues over the last few years, and that interest is likely to persist — and even increase — under a Biden administration. Unfair, deceptive, or abusive acts or practices related to deposits and payments will be a focus of regulatory supervision and enforcement as families continue to feel financial fallout from the pandemic. At the same time, innovation and surging use of electronic payments and online banking services will shine a spotlight on Regulation E compliance.

Buckley attorneys Kari Hall and Ted Somers discussed recent trends in deposit and payment practices, how those trends might change under the Biden administration, and ways to mitigate potential risk.

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About the Foresight 20/21 webcast series

Buckley’s nationally recognized attorneys draw upon decades of experience in navigating regulatory change to provide insights on potential supervision and enforcement priorities for the Biden administration. To receive notifications about future webcast in this series, and other topics affecting the financial services industry, subscribe here »