Topic
Master Account
5 published works
Consumer Finance Monitor
Districts of Wyoming and Idaho affirm broad Fed powers over master accounts
By Kelly Lin
Components of the U.S. Federal Reserve System recently prevailed in two lawsuits in which both plaintiffs – Custodia Bank and PayServices Bank – alleged the defendants were required to grant…
Money Laundering Watch
Districts of Wyoming and Idaho Affirm Broad Fed Powers over Master Accounts
By Kelly Lin
Components of the U.S. Federal Reserve System recently prevailed in two lawsuits in which both plaintiffs – Custodia Bank and PayServices Bank – alleged the defendants were required to grant…
Consumer Finance Monitor
Fintechs Face Heightened Hurdles to Gain and Retain Fed Access
By Mindy Harris
The Board of Governors of the Federal Reserve System recently issued and invited public comment on proposed guidelines to be used by Federal Reserve Banks to evaluate requests for master…
The CLS Blue Sky Blog
Davis Polk Discusses Who Can Have a Federal Reserve Master Account
By Randall D. Guynn, Margaret Tahyar, Jai R. Massari, Gabriel Rosenberg, Andrew Samuel
The proposed guidelines that the Board of Governors of the Federal Reserve System (the Board) recently issued for public notice and comment mark the latest development on one of the…
Cannabis Law Now
Fourth Corner Credit Union gets another crack in court to receive its master account
By Steve Levine
On June 27, 2017, a three-judge panel for the 10th U.S. Circuit Court of Appeals vacated a district court ruling that nixed Denver-based Fourth Corner Credit Union's bid to receive a master…