Banking law; financial privacy

Article Abstract:

The Fair Credit Reporting Act severely restricts the ability of the financial services industry to use and disseminate their customers' confidential financial information. Regulators have increased their vigilance at enforcing these restrictions and even considered expanding them due to increased public concern. Numerous bills introduced in Congress have shown the growing national concern about financial privacy.

Confidential communications, Bank secrecy

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Employment law; the inquiry issue

Article Abstract:

The Supreme Court has stated that employer rules proscribing drug use were designed to ensure safe, efficient conduct of a job and that equal protection and privacy do not suffice as reasons to counter these rules. Other courts have generally followed the Supreme Court's lead and upheld employer rules against drug use. The employer's no-drugs rule must, however, be applied evenly, without discriminating.

Mandatory drug testing, Drug testing, Public employees, Government employees

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Financial crime; disclosure requirements

Article Abstract:

The growing disagreement among the circuits on financial institutions' immunity from liability arising from their disclosures of suspicious activity to law enforcement is discussed. Financial institutions have become the focal point of the government fight against money laundering, but whether they are protected by a safe harbor provision depends on the circuit.

Laws, regulations and rules, Testimony, Money laundering, White collar crimes, White collar crime, Lender liability

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