News & Insights

Insights

Debt Guarantee Authority under the CARES Act

Section 4008 of The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) grants authority to the Federal Deposit Insurance Corporation (FDIC) to…

Banking & Financial Institutions COVID-19 Resources

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Regulatory Relief on Call Report Deadlines

The federal banking agencies have announced that they will not take action against any institution for submitting its March 31, 2020 Report…

Banking & Financial Institutions COVID-19 Resources

Insights

Temporary Relief Under CECL

Section 4014 of the CARES Act affords insured depository institutions, bank holding companies, and their affiliates the option to temporarily delay measuring…

Banking & Financial Institutions COVID-19 Resources

Insights

Loan Modifications and Troubled Debt Restructurings

On March 22, 2020, the federal financial institution regulators and the Conference of State Bank Supervisors published an interagency statement encouraging financial…

Banking & Financial Institutions COVID-19 Resources

News

Wyrick Robbins Named Among “Best Law Firms” by U.S. News and Best Lawyers 2020

RALEIGH, NC – Wyrick Robbins is pleased to announce that the firm has been named among the “Best Law…

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SEC Proposes Update to Guide 3

Introduction The Securities and Exchange Commission (the “Commission”) originally released its Industry Guide 3, Statistical Disclosure by Bank Holding Companies (“Guide 3”)…

Banking & Financial Institutions Client Alerts

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Client Alert: Recent Amendments to the North Carolina Business Corporation Act

Introduction Effective October 1, 2018, the North Carolina Business Corporation Act (the “NCBCA”)[1] was amended by Session Law 2018-45…

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Wyrick Robbins Named Among “Best Law Firms” by U.S. News and Best Lawyers 2019

RALEIGH, NC – Wyrick Robbins is pleased to announce that the firm has been named among the “Best Law Firms” for the…

Appellate Litigation Banking & Financial Institutions Capital Markets Commercial Litigation Commercial Real Estate Emerging Companies Environmental, Regulatory & Administrative Law Family Law Healthcare Labor & Employment Life Sciences Press Releases Securities Industry Defense Tax Wealth Management

News

Client Alert: Federal Banking Agencies Issue New FAQs on Appraisal Regulations

On October 16, 2018, the federal banking agencies issued new frequently asked questions (FAQs) regarding the agencies’ real estate appraisal regulations and…

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Client Alert: BSA/AML Compliance during Account Rollovers

On September 7, 2018, the Financial Crimes Enforcement Network (FinCEN) issued a ruling granting permanent relief under certain anti-money laundering (AML) programs…

Banking & Financial Institutions Client Alerts