Premier Banking Law News and Insights

On the morning of Friday, May 31, 2019, many eyes were on the SEC in connection with their Strategic Hub for Innovation and Financial Technology (FinHub) panels on securities issues relating to digital assets, including custody. In keeping with the common adage that the law in digital assets is akin...

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Background On May 23, the Department of the Treasury and the IRS published final regulations (the final regulations) under Section 956 of the Internal Revenue Code of 1986, as amended (the Code). The final regulations generally adopt proposed regulations under Section 956 that had been published on Nov. 5, 2018...

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On Friday May 24, 2019, independent security journalist Brian Krebs revealed that real estate and title insurance giant First American had 885 million sensitive customer financial records, going back to 2003, exposed on its website for anyone to access. Krebs reported that the exposed records included Social Security numbers, driver's license images, bank account...

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