2012 Bank Enforcement Actions Still High, New Directions Slated for 2013

April 03, 2013
Dechert attorneys Thomas Vartanian, Robert Ledig, Robert Rhatigan and Aline Smith recently authored their annual review on bank enforcement actions of 2012 in Bloomberg BNA’s Banking Report.

The article discusses the 800-plus formal enforcement actions imposed on financial institutions by the federal banking agencies which focused heavily on consumer protection, anti-money laundering and OFAC policies, and bank safety and soundness policies. To read this review and thoughts from the authors about what to expect in 2013, please download the article below.