Banking and Financial Institutions
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Anonymous Need Not Apply – Entities Getting Bank Accounts2/6/19 | By: Jay L. Hack, Esq.| GDB 2019 Winter Newsletter
The corporate wizard can no longer hide behind the anonymity curtain. Anonymity disappears when a corporation or other entity deals with a bank. Federal law requires that banks collect information about all 25% owners and at least one senior officer of every entity that opens a deposit account or borrows money from a bank.
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Computer Security Laws Put Increased Pressure on Businesses to Adopt Stronger Cybersecurity Measures1/29/2018 | By: Jay L. Hack, Esq. | GDB 2018 Winter Newsletter
Computer hacking, cybersecurity and selling social security numbers on the “Dark Web” are front page topics almost every day. Computer hackers are not just concerns of political parties, Equifax and Target. If you keep customer personal data, like social security or driver’s license numbers, in electronic form, you need to implement computer security systems. If you do business with any state-licensed company in the banking, insurance or mortgage lending business and have access to its computerized data, you have even more cybersecurity worries. Here are some steps we recommend to protect against running afoul of the law.
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Bank Reticence, Longstanding Obstacles Inhibit US
Data-Sharing Program: Report9/20/2017 | ACAMSJay L. Hack quoted in ACAMS
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Global Banks Identifying and Reviewing Their Links to Trump Administration07/11/2017 | ACAMS Money Laundering.com
Banks reviewing their transactions to determine links they might have to President Trump.
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Electronic Deposit of Checks – Tips to Avoid Problems3/10/2017 | By: Jay L. Hack, Esq. | GDB 2017 Spring Newsletter
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Crowdfunding: Can I Use it to Raise Money?6/27/2016 | By: Jay L. Hack, Esq. | GDB 2016 Summer Newsletter
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Peter R. Massa, Esq. Promoted to Partner1/04/2016 | Winter 2016 Newsletter
Gallet Dreyer & Berkey is pleased to announce that Peter R. Massa has become a partner of the firm. Mr. Massa is a highly skilled real estate attorney with strong experience in a wide variety of residential and commercial matters.
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Highest New York Court Answers Important Question for Banks and Everyone Who Has a Checking Account06/09/2014 | Summer 2014 Newsletter
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Should You Include a Mandatory Arbitration Clause in Your Contracts?12/08/2012 | Winter 2012 Newsletter
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Fraud Alert - Beware if Someone Asks You to "Reissue" a Check09/05/2012 | Fall 2012 Newsletter
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The Consumer Financial Protection Bureau - A Nine-Month Report Card04/08/2012 | Spring 2012 Newsletter
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Cooperatives Refinancing Their Mortgages - Key Issues to Consider Concerning Bank Commitment Letters09/07/2011 | Fall 2011 Newsletter
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Getting Your Free Credit Report - No Strings Attached09/06/2011 | Fall 2011 Newsletter
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Beware of Counterfeit Check Scams - When Your Bank Lets You Withdraw the Money, It Does Not Mean the Check Is Good06/08/2011 | Summer 2011 Newsletter
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Bankruptcy - What Are Your Rights When Someone Who Owes You Money Files for Bankruptcy09/09/2010 | Fall 2010 Newsletter
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Warning: Checks Marked "Payment in Full"06/09/2010 | Summer 2010 Newsletter
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Regulatory Policy on Commercial Real Estate Loan Workouts04/09/2010 | Spring 2010 Newsletter