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
9/16/2015
/ Banking Sector ,
Bitcoin ,
Capital Markets ,
CFTC ,
Deposit Guarantee System ,
Depository Institutions ,
EU ,
European Banking Authority (EBA) ,
Financial Institutions ,
NFA ,
Payment Systems ,
Prudential Regulation Authority (PRA) ,
Registration Requirement ,
RMBS ,
Securities and Exchange Commission (SEC) ,
Swap Execution Facilities ,
Swaps
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
8/26/2015
/ Administrative Appointments ,
Banking Sector ,
Broker-Dealer ,
Citigroup ,
Derivatives ,
EU ,
European Commission ,
Financial Institutions ,
Financial Markets ,
Fraud ,
Hedge Funds ,
Investment Adviser ,
Leverage Ratio ,
Payment Systems ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC) ,
Securities Fraud
On August 5, 2015, the US Securities and Exchange Commission (“SEC”) took several incremental steps toward completing its regulatory framework for security-based swap dealers and majority security-based swap participants...more
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:
- 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 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
In this issue:
- US Federal Banking Agencies Issue Guidance on Regulation Z and Regulation X
- European Banking Authority Consults on Identification Methodology for Global Systemically Important Institutions...more
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Regulations on Methodology for Calculation of Fixed Costs by Investment Firms
- UK Bank of England Announces Details of 2015 Stress...more
4/1/2015
/ Bank of England ,
Banking Sector ,
Banks ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Rating Agencies ,
Financial Conduct Authority (FCA) ,
Payday Loans ,
Payment Systems ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC) ,
Stress Tests ,
UK
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Regulatory Capital Tool for Securitization Exposures
- European Banking Authority Reports on Implications of Regulatory Reforms for...more
2/18/2015
/ Banking Sector ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Rating Agencies ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
FDIC ,
Financial Regulatory Reform ,
FSB ,
G20 ,
Investment Funds ,
Mortgages ,
Prudential Regulation Authority (PRA) ,
Prudential Standards ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securitization Vehicles ,
Security-Based Swaps
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 Federal Deposit Insurance Corporation Issues Proposal Revising Provisions of Securitization Safe Harbor Rule
- US Federal Deposit Insurance Corporation Issues Proposal Amending Regulations...more
2/4/2015
/ Bank Holding Company ,
Basel Committee on Banking Supervision (BCBS) ,
Capital Requirements ,
Consumer Financial Protection Bureau (CFPB) ,
Fair Credit Reporting Act (FCRA) ,
FDIC ,
Federal Reserve ,
Leverage Ratio ,
Mortgages ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Threshold Requirements
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
- Consumer Protection
- Credit Ratings
- Enforcement
- Funds
- Excerpt from Bank Prudential Regulation &...more
12/30/2014
/ Banks ,
Basel Committee on Banking Supervision (BCBS) ,
Consumer Price Index ,
Credit Ratings ,
Enforcement Actions ,
European Banking Authority (EBA) ,
FDIC ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
Mortgages ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC)
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
- Bank Structure
- Derivatives
- Financial Market Infrastructure
- Financial Services
- People
- Events...more
12/9/2014
/ Administrative Appointments ,
Anti-Money Laundering ,
Asset-Backed Securities ,
Bank Secrecy Act ,
Banks ,
Basel Committee on Banking Supervision (BCBS) ,
CFTC ,
Derivatives ,
European Commission ,
Examination Manual ,
FDIC ,
Federal Reserve ,
FFIEC ,
Financial Markets ,
Payment Systems ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC)
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)
In this issue:
- Bank Prudential Regulation & Regulatory Capital
- Derivatives
- Recovery & Resolution
- Shadow Banking
- People
- Events
- Excerpt from Bank Prudential...more
10/29/2014
/ ACH Payments ,
Bank Holding Company ,
Banking Sector ,
Banks ,
CFTC ,
Derivatives ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
European Commission ,
Federal Reserve ,
Final Rules ,
Prudential Regulation Authority (PRA) ,
Risk Retention ,
Securities and Exchange Commission (SEC) ,
Shadow Banking
Six federal agencies have finalized long-anticipated joint rules imposing risk retention, or “skin-in-the-game,” requirements for securitizations. The new rules, when they become effective over the next two years, will impose...more
10/24/2014
/ Derivatives ,
Dodd-Frank ,
FDIC ,
Federal Reserve ,
FHFA ,
Higher-Risk Securitizations ,
HUD ,
New Regulations ,
OCC ,
Regulation AB ,
Risk Retention ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Volcker Rule
In this issue:
- Derivatives
- Bank Prudential Regulation & Regulatory Capital
- Recovery & Resolution
- Financial Services
- Funds
- People
- Excerpt from...more
10/15/2014
/ Banks ,
Basel Committee on Banking Supervision (BCBS) ,
Broker-Dealer ,
Derivatives ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
Federal Reserve ,
IOSCO ,
ISDA ,
Prudential Regulation Authority (PRA) ,
Risk Alert ,
Risk Capital ,
Securities and Exchange Commission (SEC) ,
Stress Tests
In this issue:
- Derivatives
- Consumer Protection
- Enforcement
- People
- Events
- Excerpt from Derivatives:
CFTC Issues No-Action Relief for Qualifying Swaps Trading...more
9/16/2014
/ Australia ,
CFTC ,
Commercial Leases ,
Commodities ,
Commodity Exchange Act (CEA) ,
Derivatives ,
DSIO ,
Enforcement Actions ,
Leases ,
Major Swap Participants ,
Money Transfer ,
No-Action Relief ,
Nonbank Firms ,
Regulation M ,
Regulation Z ,
Securities and Exchange Commission (SEC) ,
Swap Dealers ,
Swaps
In this issue:
- Derivatives
- Bank Prudential Regulation & Regulatory Capital
- Credit Ratings
- Financial Services
- Shadow Banking
- Funds
- Financial Market...more
9/2/2014
/ Banks ,
CFTC ,
Credit Ratings ,
Derivatives ,
Dodd-Frank ,
Enforcement Actions ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Regulatory Reform ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC) ,
Shadow Banking ,
UK
Late last week, a senior SEC lawyer encouraged the private equity and hedge fund communities to consider whether certain practices of private fund managers could subject these firms to SEC registration as broker-dealers....more