Implementation of the obligation for central clearing of OTC derivatives under the European Market Infrastructure Regulation now seems imminent. The European Commission has adopted a Delegated Regulation that would impose a...more
In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more
8/12/2015
/ Banking Sector ,
Capital Requirements ,
Commodity Futures Contracts ,
Derivatives ,
EU ,
Financial Institutions ,
Major Swap Participants ,
Pay Ratio ,
Prudential Standards ,
Regulatory Standards ,
Security-Based Swaps ,
UK
In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more
7/21/2015
/ Asset Management ,
Banking Sector ,
Broker-Dealer ,
Capital Requirements ,
EU ,
Financial Institutions ,
Global Systemically Important Banks (G-SIBs) ,
Investment Firms ,
Regulatory Agencies ,
Regulatory Agenda ,
Ring-Fencing ,
Stress Tests ,
Volcker Rule
In this issue:
- US Federal Deposit Insurance Corporation Issues Notice of Proposed Rulemaking to Revise How Small Banks are Assessed for Deposit Insurance
- UK Prudential Regulation Authority Consults on...more
7/16/2015
/ Asset Management ,
Banking Sector ,
Broker-Dealer ,
Corporate Governance ,
Credit Ratings ,
Cybersecurity ,
EU ,
Financial Institutions ,
Global Market ,
Prudential Regulation Authority (PRA) ,
Prudential Standards ,
Regulatory Agenda ,
UK
In this issue:
- US Federal Banking Agencies Post Public Sections of Resolution Plans
- US Office of the Comptroller of the Currency Report Discusses Risks Facing National Banks and Federal Savings Associations...more
7/9/2015
/ Banking Sector ,
BSA/AML ,
Capital Markets ,
Capital Requirements ,
Credit Rating Agencies ,
Crowdfunding ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Markets ,
Prudential Regulation Authority (PRA) ,
Prudential Standards ,
Regulatory Agenda ,
Regulatory Standards ,
Risk Retention ,
Securities and Exchange Commission (SEC) ,
Supervision ,
UK Competition and Markets Authority (CMA)
In This Issue:
- Board of Governors of the Federal Reserve System Approves Final Rule Amending Regulation D
- US Federal Banking Agencies Finalize Revisions to the Capital Rules Applicable to Advanced...more
6/25/2015
/ Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
CFTC ,
Community Banks ,
Escheat ,
EU ,
European Banking Authority (EBA) ,
FDIC ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
Foreclosure ,
Futures ,
Mortgage Servicers ,
OCC ,
Regulation D ,
Regulatory Agencies ,
Regulatory Agenda ,
Technical Standards
In This Issue:
- US Financial Stability Oversight Council Releases Guidance Regarding Calculations of Stage 1 Threshold
- US Federal Agencies Issue Final Standards for Assessing Diversity Policies and Practices of...more
6/17/2015
/ Automotive Loans ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Unions ,
Derivatives ,
Diversity ,
DMO ,
Dodd-Frank ,
Endangered Species Act (ESA) ,
EU ,
FDIC ,
Federal Reserve ,
FICC ,
Financial Institutions ,
Financial Markets ,
Foreign Banks ,
FSOC ,
FX Swaps ,
Non-Bank Lenders ,
Over The Counter Derivatives (OTC) ,
Securities and Exchange Commission (SEC) ,
Threshold Requirements ,
Volcker Rule
In This Issue:
- Federal Banking Agencies Release Statement on Annual Stress Tests at Medium-Sized Financial Companies
- Extension of Transitional Provisions for Exposures to CCPs Formally Announced
-...more
6/11/2015
/ Asset Management ,
Bank of England ,
Banking Sector ,
Basel III ,
BSA/AML ,
Capital Requirements ,
Central Counterparties ,
Enforcement Actions ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
FDIC ,
Federal Reserve ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Liquidity ,
Lloyds Banking Group ,
OCC ,
Pensions ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC) ,
Stress Tests ,
Supervision ,
Technical Standards
In This Issue:
- US Board of Governors of the Federal Reserve System Proposes Rule to Treat US Municipal Securities as Level 2B High-Quality Liquid Assets under the Liquidity Coverage Ratio
- US Financial...more
6/4/2015
/ Banking Sector ,
Capital Requirements ,
Central Counterparties ,
EU ,
Federal Reserve ,
Financial Institutions ,
Financial Markets ,
Investment Funds ,
Municipal Securities Issuers ,
Prudential Regulation Authority (PRA) ,
Regulatory Agencies ,
Regulatory Agenda ,
Stress Tests ,
Structured Financial Products ,
UCITS
In This Issue:
- Application of EU Requirements for Remuneration Policies for Small and Non-Complex Firms Confirmed
- US Regulators Issue the Final Interpretation on Forward Contracts with Embedded Volumetric...more
5/21/2015
/ Banking Sector ,
Capital Requirements ,
Derivatives ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
FDIC ,
Interest Rate Swaps ,
OCC ,
Securitization Market ,
SIFIs ,
Technical Standards
In this issue:
- US Federal Reserve Board Releases Semiannual Report on Banking Applications Activity
- European Banking Authority Monitors Additional Tier 1 Capital Instruments
- European Banking...more
5/14/2015
/ Banking Sector ,
Counterparties ,
Credit Ratings ,
EU ,
European Banking Authority (EBA) ,
Federal Reserve ,
Harmonization Rules ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC) ,
Securitization Market ,
Tick Size
The Bank Recovery and Resolution Directive (BRRD) introduces an EU-wide regime for recovery and resolution planning for, and for resolution action to be taken in respect of, banks and large investment firms (typically the...more
In this issue:
- US Federal Reserve Board Outlines Organizational Structure of the Large Institution Supervision Coordinating Committee
- Final EU Regulations on Calculation of Margin Periods of Risk
-...more
4/22/2015
/ Banking Sector ,
Consumer Financial Protection Bureau (CFPB) ,
EU ,
European Banking Authority (EBA) ,
Federal Reserve ,
FSB ,
G20 ,
Office of Foreign Assets Control (OFAC) ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Supervision
In this issue:
- US Federal Reserve Board Expands Applicability of Small Bank Holding Company Policy Statement
- US Federal Reserve Board Requests Public Comment on Proposed Amendments to Regulation D
-...more
4/15/2015
/ Bank Holding Company ,
Community Banks ,
EU ,
European Banking Authority (EBA) ,
Federal Reserve ,
FSB ,
IMF ,
Proposed Amendments ,
Regulation D ,
Shadow Banking ,
Supervision
In this issue:
- US Banking Agencies Issue FAQs on the Regulatory Capital Rule
- US Banking Agencies Permit Wells Fargo to Begin Using Advanced Approaches Framework
- Regulation on Reporting of...more
In this issue:
- US Federal Reserve Board Proposal Requiring Banking Organizations to Include Legal Entity Identifiers on Reporting Documents
- Comptroller of the Currency Thomas Curry Testimony
-...more
3/25/2015
/ Bank of England ,
Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
Confidential Supervisory Information ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cyber Insurance ,
EU ,
European Securities and Markets Authority (ESMA) ,
Federal Reserve ,
Legal Entity Identifiers ,
Payment Systems ,
Rating Agencies ,
Shadow Banking ,
Technical Standards ,
Virtual Currency
In this issue:
- US Banking Regulators Request Comments on Reducing Regulatory Burden
- European Banking Authority Opinion on Definition of Eligible Capital
- Implementing Technical Standards under CRR...more
2/25/2015
/ Asset Management ,
Banks ,
Broker-Dealer ,
Brokers ,
Derivatives ,
EU ,
European Banking Authority (EBA) ,
FDIC ,
Financial Institutions ,
Futures ,
Investment Adviser ,
Liquidity Coverage Ratio ,
UK
In this issue:
- US Financial Stability Oversight Council Adopts Supplemental Procedures for Nonbank Financial Company Designations
- UK Government to Proceed with Giving Financial Policy Committee Powers for...more
2/12/2015
/ Clearing Agencies ,
Credit Ratings ,
Crowdfunding ,
EU ,
Financial Regulatory Reform ,
Hedging ,
Nonbank Firms ,
Pensions ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Trade Market Abuse ,
UK
In this issue:
- US Office of the Comptroller of the Currency Releases Community Reinvestment Act Evaluations
- Amendment to Regulation on Supervisory Reporting of Institutions on Asset Encumbrance, Single Data...more
1/28/2015
/ Basel Committee on Banking Supervision (BCBS) ,
CFTC ,
Community Reinvestment Act ,
Enforcement ,
EU ,
European Banking Authority (EBA) ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Insider Trading ,
Libor ,
Market Manipulation ,
Mortgages ,
No-Action Relief ,
OCC ,
Prudential Standards ,
Sovereign Debt ,
Strategic Enforcement Plan ,
Supervision ,
Truth in Lending Act (TILA)
In this issue:
- European Banking Authority’s Second Report on Impact of Liquidity Coverage Ratio
- Delegated Regulations under CRD IV Published in Official Journal of the European Union
- Prudential...more
1/22/2015
/ Banks ,
Capital Requirements ,
EU ,
EU Directive ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Final Rules ,
Hong Kong ,
Hong Kong Stock Exchange ,
Liquidity Coverage Ratio ,
OCC ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC) ,
Security-Based Swaps
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Bank Structural Reform
- Credit Ratings
- Derivatives
- Enforcement
- Financial Services
- Recovery &...more
1/14/2015
/ Banks ,
Credit Ratings ,
Dodd-Frank ,
Enforcement Actions ,
EU ,
European Securities and Markets Authority (ESMA) ,
FSOC ,
Prudential Regulation Authority (PRA) ,
Recordkeeping Requirements ,
UK ,
Volcker Rule
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Derivatives
- Enforcement
- Financial Market Infrastructure
- Funds
- Recovery and Resolution
- People...more
12/24/2014
/ Banking Sector ,
Capital Requirements ,
Derivatives ,
EU ,
European Securities and Markets Authority (ESMA) ,
Federal Reserve ,
Financial Markets ,
Global Systemically Important Banks (G-SIBs) ,
JOBS Act ,
OCC ,
Prudential Regulation Authority (PRA) ,
Prudential Standards ,
Regulation Z ,
Securities and Exchange Commission (SEC) ,
Strategic Enforcement Plan ,
Truth in Lending Act (TILA) ,
Volcker Rule
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Derivatives
- Financial Market Infrastructure
- Financial Services
- Funds
- Recovery & Resolution
-...more
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Bank Structure
- Compensation
- Consumer Protection
- Derivatives
- Enforcement
- Financial Market...more
11/25/2014
/ Banking Sector ,
Banks ,
Capital Requirements ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Default Swaps ,
Derivatives ,
Enforcement Actions ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
FDIC ,
Federal Reserve ,
IOSCO ,
Mortgage Loan Servicing Standards ,
OCC ,
Prudential Regulation Authority (PRA) ,
Regulation SCI ,
Securities and Exchange Commission (SEC)
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Compensation
- Consumer Protection
- Derivatives
- Enforcement
- Financial Services
- Funds
-...more
11/12/2014
/ Broker-Dealer ,
Capital Markets ,
Compliance ,
Derivatives ,
Dodd-Frank ,
Enforcement ,
Enforcement Actions ,
EU ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
FSB ,
Global Systemically Important Banks (G-SIBs) ,
OCC ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC)