Professionals 122 results
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Privacy: Regulated Personal Information (RPI)
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Class Actions & Group Litigation
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Experience
|November 12, 2025
Minto Communities, LLC's Sale of Land in the City of Daytona Beach, Florida
Experience
|November 3, 2025
Represented Minto Communities, LLC in the Sale of Land in Volusia County, Florida
Experience
|July 11, 2025
Winston Represented South Reach Networks in Sale to Blue Owl
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|December 17, 2025
Privacy Problems Webinar Series
Sponsorship
|November 20, 2025
Winston & Strawn Sponsors 2025 Smart Business Dealmakers South Florida M&A Conference
Client Alert
|November 12, 2025
|6 Min Read
Debanking Developments: U.S. Senator Introduces Debanking Bill
Winston’s Financial Services Industry Group is closely monitoring debanking regulations and advising global financial institutions on customer onboarding and due diligence.
In this alert, Jack Knight, Carl Fornaris, Patrick Doerr, and Arman Aboutorabi examine Senator Thom Tillis’s (R-NC) proposed Ensuring Fair Access to Banking Act. Although the bill is nominally designed to “limit the circumstances under which a Federal financial regulator may require a financial institution to terminate a specific account,” it in fact proposes much more.
Senator Thom Tillis’s discussion draft of the Ensuring Fair Access to Banking Act would create a single federal “fair access” standard prohibiting “debanking” except in defined circumstances, grant enforcement authority to federal and state regulators, and preempt state fair-access laws. These changes could impact account-opening, maintenance, and exit decisions and increase litigation exposure. Read the full alert for key implications, open questions, and practical steps institutions can take now.
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