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ARTICLE · 31 JULY 2015

Nutter Bank Report, July 2015

The Nutter Bank Report is a monthly electronic publication of the firm's Banking and Financial Services Group and contains regulatory and legal updates with expert commentary from our banking attorneys.

United StatesFinance and Banking

The Nutter Bank Report is a monthly electronic publication of the firm's Banking and Financial Services Group and contains regulatory and legal updates with expert commentary from our banking attorneys.

Headlines

  1. DOD Expands Military Lending Act Protections for Servicemembers
  2. DOI Issues Guidance on Timing of Notices of Transfer of Coverage
  3. FFIEC's New Cybersecurity Assessment Tool Now Available Online
  4. Fed Proposes Revisions to Capital Plan and Stress Test Rules for Large Institutions
  5. Other Developments: Integrated Mortgage Disclosures and Exchange-Traded Products

1. DOD Expands Military Lending Act Protections for Servicemembers

The U.S. Department of Defense (DOD) has issued a final rule expanding the types of consumer credit products that are covered by servicemember protections under the Military Lending Act, which applies to banks and other lenders. The final rule published on July 22 amends the definition of "consumer credit" covered by

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