The rules for responding to subpoenas and other government requests for information vary significantly, thereby making it difficult to determine whether a financial institution should comply with a particular legal process. Many of the difficulties in properly producing the documents and records requested can also be attributed to overly broad or vague requests. For obvious reasons this can lead to confusion and claims against a financial institution for failing to respond properly.

 

This Webinar will focus on dealing with subpoenas served by private parties as well as those served by state and federal government agencies. Our discussion will include a detailed review of some of the more common legal process forms, with an emphasis on those areas of the forms financial institutions should pay particular attention to as well as the specific terminology used in describing the requested records.

The recent uncertainty in international commerce given the increase in tariffs puts a renewed focus back on standby and commercial letters of credit, including issuing and negotiating letters of credit, and the examination of documents. Aldrich & Bonnefin, PLC* is pleased to invite you to attend our Letters of Credit Revisited Webinar. During this Webinar, we will start with a discussion of regulatory issues impacting letters of credit, including legal lending limits, letters of credit involving affiliates, and BSA and OFAC due diligence requirements. We’ll then cover the fundamentals of letters of credit and the applicable rules, followed by a more focused discussion of selected documentation examination issues.