Civil Law

CFPB Spring 2024 Supervisory Highlights looks at consumer reporting companies and furnishers

The CFPB has released the Spring 2024 edition of Supervisory Highlights.  The report discusses CFPB examinations in connection with credit reporting and furnishing that were completed from April 1, 2023 through December 31, 2023.

Key findings by CFPB examiners are described below.

Examinations of credit reporting companies (CRCs) found the following deficiencies:

  • CRCs failed to timely implement blocks of information after receiving the requisite information relating to an alleged identity theft, without otherwise making a reasonable determination with respect to
… Read the rest
Civil Law

SALT trivia – February 21, 2024

Calling all trivia fans! Don’t miss out on a chance to show off your SALT knowledge!

We will award prizes for the smartest (and fastest) participants.

This week’s question: Which state’s House recently proposed a bill that would limit property taxes on machinery used to manufacture critical materials?

E-mail your response to SALTonline@eversheds-sutherland.com.

The prize for the first response to today’s question is a $ 25 UBER Eats gift card. This week’s answer will be included in our SALT Shaker Weekly … Read the rest

Civil Law

5 Trends to Watch: 2024 UK Financial Services Regulation

1. Final rules expected on non-financial misconduct: The genesis of the UK Financial Conduct Authority’s (FCA) interest in “non-financial misconduct” was a letter from the FCA to the Parliamentary Women and Equalities Committee in September 2018 concerning sexual harassment in the workplace. Since that time, the FCA’s intentions and views on the topic have only been ascertainable through its Final Notices and Upper Tribunal decisions. Usually relating to serious misconduct, including criminal offences, those decisions have not always … Read the rest

Circuit Courts

Judicial Branch Updates FY 2024 Funding Request, But Remains Concerned About Budget Shortfall

The Judicial Branch updated its FY 2024 funding request to Congress by nearly $ 184 million as part of the regular budget process. But it continued to voice concerns about proposed appropriation levels that are too low to preserve federal courts’ ability “to administer justice effectively and efficiently.” 
Judiciary News – United States Courts… Read the rest

Civil Law

California Legislative Year-End Review: Preparing for 2024 (US)

On October 14, 2023, California’s active legislative year came to an end, leaving numerous employment law updates in its wake. This year, Governor Gavin Newsom has signed novel laws that create new rights for employees (and requirements for employers) while also amending some current laws, thereby changing existing employer obligations. Here, we summarize the laws expected to have the greatest impact on California employers in 2024.

Paid Sick Leave Increases (SB 616)

As described in greater detail in … Read the rest

Circuit Courts

Proposed FY 2024 Funding Levels Would Hurt Courts and Public, Letter to Congress Says

The Judicial Conference has expressed “deep concern” about pending congressional appropriations legislation, saying proposed funding levels that are far below the Judiciary’s request would have detrimental impacts on federal courts and the public.
Judiciary News – United States Courts… Read the rest