On July 5, 2018, the Bureau of Consumer Financial Protection (the “Bureau“) issued a statement regarding the impact of the Economic Growth, Regulatory Relief and Consumer Protection Act (the “Act“) on the Home Mortgage...more
On May 11, 2018, the Federal Financial Institutions Examination Council issued new examination procedures on the final rule, “Customer Due Diligence Requirements for Financial Institutions” (the “CDD Rule“). The CDD Rule was...more
On May 16, 2018, the Commodity Futures Trading Commission’s (“CFTC“) Division of Swap Dealer and Intermediary Oversight (“DSIO“) granted relief to non-U.S. counterparties who enter into swaps with International Financial...more
On March 19, 2018, DRBS issued a report entitled: Mapping Financial Institution Internal Ratings to DRBS Ratings for Global Structured Credit Transactions. Release....more
On January 18, 2018, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued an interagency statement for financial...more