ARTICLE
20 September 2019

House Approves Bill To Improve Agency Coordination Of Bank Services Company Examinations

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The House approved a bill designed to make bank service company examinations more efficient by improving coordination among regulators.
United States Finance and Banking

The House approved a bill designed to make bank service company examinations more efficient by improving coordination among regulators. The proposed bill, H.R. 241 (the "Bank Service Company Examination Coordination Act of 2019"), would amend the Bank Service Company Act to allow regulators more freedom to share information.

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