Archive - December 2020

PPP 2.0 – A Renewed Opportunity (and New Set of Headaches) for Lenders

As the old saying goes, the best deals are made when neither side gets exactly what it wants. By that standard, the most recent federal pandemic relief bill that finally passed into law in late December certainly qualifies as a great deal. Democrats...

SolarWinds Vulnerability Update – Indicators of Compromise and Recommended Actions

The news of the cyber attacks being experienced by government agencies and an expanding list of organizations continues to grow and change on almost an hourly basis. This is proving to be potentially one of the most significant cyber breaches in...

CFPB Provides Further Guidance on MSAs Under RESPA Section 8

The Consumer Financial Protection Bureau (CFPB) issued a compliance aid in October 2020 to provide regulated entities greater clarity around the Real Estate Settlement Procedures Act (RESPA) and certain provisions of Regulation X. The compliance...

Recharging Your Agile Transformation

The seismic shift in project management functions from administrative to a consultative business partner is helping organizations transform across the enterprise and all areas of the project life cycle. In many companies, these transformational...

Australia’s Responsible Lending Reforms: A Step in The Wrong Direction

Australia’s lending standards and responsible lending practices have been prominent topics amongst banks and regulators in recent years, with potentially broad implications for both lenders and borrowers. Based on the critical issues raised by the...

SEC Adopts Final Rule to Modernize MD&A and Related Financial Disclosures

As part of a broader effort to modernize, simplify and enhance securities regulation, the U.S. Securities and Exchange Commission (SEC) has adopted several changes to Regulation S-K, Management’s Discussion and Analysis, Selected Financial Data, and...