In the last two decades of the Twentieth Century, a series of dramatic events reshaped the contours of depository institutions regulation. During the 1980s, the collapse of the savings and loan industry forced policymakers and regulators to rethink approaches to the supervision of depository institutions. The passage of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 significantly realigned the regulatory system. The passage of the Federal Deposit Insurance Corporation Improvement Act of 1991 sharpened the focus and techniques of supervision and enforcement. The passage of the Riegle Community Development and Regulatory Improvement Act of 1994 and the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 required reassessment of such basic premises as the relationship of depository institutions to their local markets and the geographic limits on the market for financial services. At the same time, increased competition from foreign banks in the international and domestic banking markets has placed pressure on an industry still reeling from the end of the profitable period of the 1980s. Furthermore, with an eye towards the new millennium, in November 1999, Congress sought to revitalize and modernize the financial services industry with the passage of the Gramm-Leach-Bliley Act, perhaps the most important piece of federal banking legislation since the Banking Act of 1933. The Twenty-First Century has not been particularly felicitous for financial services. Since September 2001, the U.S. and multilateral responses to the tragic circumstances of the terrorist attacks on the United States have had, and will doubtless continue to have, a significant impact on international banking. The Sarbanes-Oxley Act of 2002, responding to the corporate accounting scandals that have piled up since the collapse of Enron, is beginning to have an impact on banking and financial services generally. Finally, the collapse of the subprime mortgage market has demonstrated the interconnectedness of modern financial services markets, as subprimes and their many derivatives dragged global markets into the abyss. That crisis continues unabated, and one can only imagine and#8220;What's next?and#8221; Banking Law and Regulation, Second Edition is a comprehensive three-volume treatise that provides subscribers with essential information covering a wide array of topics concerning financial services law. This exhaustive work provides incisive discussion and analysis of various aspects of financial services law, including the Financial Institutions Reform, Recovery, and Enforcement Act, the Federal Deposit Insurance Corporation Improvement Act, the Community Development and Regulatory Improvement Act, the Interstate Banking and Branching Efficiency Act, the Economic Growth and Regulatory Paperwork Reduction Act, the Credit Union Membership Access Act of 1998, the Gramm-Leach-Bliley Act of 1999, the Sarbanes-Oxley Act of 2002, the Fair and Accurate Credit Transactions Act of 2003, the Federal Deposit Insurance Reform Act of 2005 and the Federal Deposit Insurance Reform Conforming Amendments Act of 2005, the Financial Services Regulatory Relief Act of 2006, and the Housing and Economic Recovery Act of 2008.