Mar 25, 2021 | Claims and Disputes, Financial Services, Regulatory Compliance
The end of the COVID-19 pandemic is nearing, and so are the forbearance and credit reporting accommodations from the CARES Act legislation enacted in March 2020. David Uejio, acting director of the Consumer Financial Protection Bureau (CFPB), recently stated that the...
Feb 11, 2021 | Claims and Disputes, COVID-19 Recovery Funds, Financial Services, Regulatory Compliance
As the COVID-19 pandemic continues, we are seeing positive signs, with vaccines being administered to some of the world’s most vulnerable communities and promises for broader rollout over the next several months. However, the full economic and financial impacts have...
Dec 11, 2020 | Claims and Disputes, Corporate Finance and Restructuring, Financial Services
With a bruising 2020 entering its final weeks, a sense of cautious optimism seems to be taking hold in the banking sector. Early indications in banks’ third-quarter filings and recent conversations with banking leaders indicate that many see the economic rebound in...
Sep 25, 2020 | Claims and Disputes, COVID-19 Recovery Funds, Financial Services
Second quarter 2020 COVID-19’s adverse impact on loan performance and current Coronavirus Aid, Relief, and Economic Security (CARES) Act financial reporting and disclosure relief arrived simultaneous to the implementation of the controversial Current Expected Credit...
Aug 13, 2020 | Financial Services, Regulatory Compliance
COVID-19 has caused a global pandemic, with devastating consequences across nations and industry sectors, but it has not deterred criminals. The FBI and Interpol have noted an increase in risk of COVID-19-related financial crimes and expectations of increased criminal...
