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>> Legal Affairs
Legal and Regulatory Advocacy
New laws and regulations are constantly being proposed for the
banking industry, both in Washington, D.C. and Sacramento. As well-intended
as some of these proposals are, many of them contain language that
conflicts with current law or conflicts with current regulatory
requirements. Decision-makers need to better understand how their
proposals translate into the real-world workings of California’s
financial institutions, which is where our legal and regulatory
advocacy unit is intrinsically valuable.
Our legal and regulatory advocacy unit works to identify potential
legal and regulatory conflicts, make those conflicts known and secure
a reasonable solution for the industry. CBA’s legal and regulatory
advocacy unit works closely with bank regulators and elected officials
alike to ensure that the banking industry’s perspective is
known, understood and considered in the decision-making process.
In addition to the work done on the legislative and regulatory
fronts, CBA’s legal and regulatory advocacy unit also gives
a voice to the banking industry in important legal matters affecting
the banking industry. Among the many legal services CBA provides
on behalf of the industry is the filing of amicus, or “friend
of the court,” briefs on legal proceedings critical to the
industry. Through the filing of these briefs, CBA is able to provide
the industry’s perspective without signing on as a participant
in a given case or lawsuit. Our members understand that we are providing
end-to-end advocacy services through our legal and regulatory advocacy
unit, affecting both policy decisions and key court decisions that
affect our members’ ability to do business.
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regulatory advocacy
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