Financial institutions will need to update model disclosures relating to remittance transfers and possibly also general terms and conditions relating to such products/services.
Employment Law Alliance webinar to address key legal developments of 2012, 2013
We invite you to attend a free 90-minute webinar hosted by the Employment Law Alliance at 3 p.m. EST on Wednesday, January 23, focusing on “A year in review: Key U.S. labor and employment law developments in 2012 and what to expect in 2013.”
Supreme Court rules some health practitioners cannot meet with their attorney prior to deposition
This case interprets a statutory provision that addresses medical records created by most health care practitioners licensed by the Florida Department of Health. It is not clear, at this time, whether this opinion will impact discussions regarding records created in licensed health care facilities.
Decision in Arkansas Fish & Game v. United States good for property rights advocates
Gunster wishes to alert its clients and friends of the firm with agricultural interests to a potentially significant decision by the United States Supreme Court this month concerning protection available under the Takings Clause of the U.S. Constitution (“nor shall private property be taken for public use, without just compensation”) in instances of temporary flooding.
2 banks slammed for BSA/AML/OFAC violations: HSBC, Standard Chartered Bank
Now more than ever is the time for financial institutions to review their BSA/AML/OFAC compliance programs to ensure that they comply with legal requirements as well as meet regulator expectations.
SAR filers beware: Legal immunity for claims arising from SAR filings not absolute
Federal courts have struggled with the exact limits of protection offered by “Safe Harbor,” the immunity from civil liability for banks, officers and employees for the filing of Suspicious Activity Reports.
EPA’s approval of state numeric nutrient criteria a step forward, but issues remain
The EPA approval is a major step forward in the NNC controversy. Numeric nutrient criteria will not have as significant an impact on Florida business as predicted under the EPA rules if the remaining issues can be successfully navigated. Following the remaining steps and changes to the rules will be critical for Florida business.
Florida legislative committee chairs named, meetings begin Dec. 3
Senator Negron will also lead the Senate’s Select Committee on the Patient Protection and Affordable Care Act, as the 11-member group works on Florida’s implementation of the federal Affordable Care Act.
State environmental agency amends rule, lessening economic impact on dischargers to Florida waters
Gunster attorneys, clients, consultants and other stakeholders helped persuade the DEP to amend its draft rule, reducing its economic impact while still protecting public health.
Financial institutions: Are you ready to receive W-8 forms electronically?
Assuming the systems are in place to verify that the person sending the W-8 is the person signing the form, bank customers may print a Form W-8, manually sign it and then scan the signed form and email it to the bank. The bank must then maintain the scanned copy of the Form W-8 in lieu of an original signed Form W-8.
