Though the factors that contributed to the downfalls of Silicon Valley Bank and First Republic Bank were similar, differences in federal regulators' handling of the banks' sales and the additional two weeks it took to find a buyer for SVB may help illuminate how regulators can improve their response to future financial panic, say attorneys at Lewis Brisbois.
Both the Federal and State Governments are discussing or enacting legislation and regulations that will impact both collection activity and business operations of our member agencies. ACA's advocacy and compliance teams.