Modern Slavery Statement Guidance – Note to Financial Institutions

The United Kingdom Home Office has released guidance to companies that are required to make a public statement about human trafficking risks and prevention measures under the U.K. Modern Slavery Act of 2015.  Organizations are to address the emerging risks…

Legislative and Bank Regulatory Actions to Assist Forbearance in a Pandemic World

By Kristina Whittaker and Ed O’Keefe.  For the last three weeks or so, the federal and state banking agencies, collectively and individually, have, with increasing urgency, called on financial institutions to meet the financial needs of customers impacted by the COVID-19. Congress…