Banking Law
Banking Law refers to the regulations and legal frameworks that govern financial institutions, including banks and credit unions. It encompasses a wide range of topics, such as the formation, operation, and dissolution of banks, as well as consumer protection, lending practices, and compliance with federal and state regulations.
This area of law also addresses issues like bankruptcy, fraud, and money laundering, ensuring that banks operate fairly and transparently. Additionally, it includes the oversight of regulatory bodies, such as the Federal Reserve and the Office of the Comptroller of the Currency, which help maintain stability in the financial system.