Banking Attorney Jobs A Banking Attorney is a person who handles a wide variety of issues relating to the regulation of banks, bank officials, and non-bank institutions that offer bank services. Banking regulations can vary widely across nations and jurisdictions. The banking law may vary from place to place. However similar norms are addressed by the law. Complex matters such as deposit and trust accounts, state laws that protect consumers financially, limitations on the disclosure of confidential financial information, prohibition against discrimination in the allocation of credit, credit card agreements and services, and electronic banking and fund transfer systems.
J.D. degree and the State Bar registration are required to practice as an attorney. Attorneys remain updated with the laws passed relating to the regulation of financial institutions, including the Fair Credit Reporting Act (FCRA), the Truth in Lending Act, Real Estate Settlement Protection Act (RESPA), the Fair Debt Collection Practices Act, and the Truth in Savings Act. A good knowledge of banking law and financial services industry is essential.
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