Publications
Credit and Payment Cards in Focus: Regulatory, Enforcement, and Litigation Risk Update
Published by The Review of Banking & Financial Services in September 2008.
Author(s): Andrew L. Sandler & Benjamin P. Saul.
The risk of litigation for card issuers has been heightened by a proposed UDAP rule, issued by federal regulators, that breaks new ground by prohibiting a wide range of fees and finance-charge practices on cards. In addition, the Federal Reserve Bank of Boston has made public its study finding redlining by race in the availability of credit in certain communities. The authors suggest proactive strategies that card issuers should take to reduce enforcement and litigation risks.
"Credit and Payment Cards in Focus: Regulatory, Enforcement, and Litigation Risk Update"
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In-depth review of news & developments in the financial services industry.
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A full listing of national & state bank regulatory agencies & industry groups.