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Tax Reform Legislation Unveiled

Last week, House Republican leaders unveiled a draft of sweeping tax reform legislation — the first major overhaul of the tax code in more than three decades. Today, the House Ways and Means Committee is expected to begin a multi-day markup of this landmark legislation. Some of the major provisions of the bill include:

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The Latest Disaster Response and Incident Information from CBA

Our hearts go out to everyone who has been impacted by the devastating natural disasters affecting California. We recognize that the immediate focus of our colleagues and friends in these regions is on ensuring the safety of their family and loved ones.

We also have made available the latest incident information below. Please contact us and let us know if there is any way we can be of assistance. 

Press release

California Department of Business Oversight Declares Extraordinary Situation in Counties Affected by Wildfires

Governor Jerry Brown has proclaimed a state of emergency in the following counties due to the effects of the California wildfires which has damaged structures and infrastructure, threatened homes, and caused the evacuation of residents.

Consequently, Commissioner of Business Oversight Jan Lynn Owen has determined that an extraordinary situation exists in the counties and has issued a proclamation authorizing state-chartered banks to close any or all of their offices in affected areas until the Commissioner determines the extraordinary condition has ended.

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CBA Releases 2017 Incident Response Playbook

The CBA has partnered with the Financial Services Information Sharing and Analysis Center (FSISAC) and the American Bankers Association to provide the 2017 Incident Response Playbook, which delivers guidance to banks in California on actions to consider taking before a cybersecurity incident as well as needs and information-sharing protocols in response to and during recovery from a cybersecurity incident as well as recommendations for actions to take following a cybersecurity incident.