Cybersecurity, Regulatory Agenda, Financial Regulatory Reform

The regulation of FMI - The Bank of England’s priorities for 2025

Hogan Lovells on 2/18/2025

The Bank of England has outlined its priorities for 2025 in the regulation of Financial Market Infrastructure. In a speech given on 10 February 2024, the Bank of England (the “Bank”) outlined its priorities for 2025 in the...more

Client Alert: The Future of Payments: Key Trends and Regulatory Challenges

Jenner & Block on 2/13/2025

As the fintech and payments industries evolve in 2025, businesses, financial institutions, and regulators must adapt to rapid technological advancements and shifting regulations. The rise of real-time payments, embedded...more

Fed Member Bowman discusses challenges to mutual and community banks

Orrick, Herrington & Sutcliffe LLP on 2/12/2025

On January 31, Fed Member Michelle Bowman addressed challenges faced by mutual banks and community banks at a New England CEO summit. Bowman provided a brief update on the state of the U.S. economy, including the rate of...more

Executive Briefing: Latest Updates on Trump Executive Actions

Skadden, Arps, Slate, Meagher & Flom LLP on 2/4/2025

As Trump administration directives emerge, it’s crucial for businesses and other stakeholders to stay informed and adapt their strategies accordingly. We will provide ongoing coverage of these developments and their potential...more

The SEC Under the Second Trump Administration

Buchalter on 1/28/2025

On January 20, 2025, President Trump began his second Administration with an unprecedented wave of twenty-six (26) Executive Orders, including several that directly affect the U.S. Securities and Exchange Commission (“SEC”)....more

UK Financial Conduct Authority portfolio letter for credit reference agencies and credit information service providers

A&O Shearman on 1/23/2025

The U.K. Financial Conduct Authority published a portfolio letter setting out its supervisory strategy for credit reference agencies and credit information service providers. In the letter, the FCA sets out its priority areas...more

Directors Quarterly: January 2025

KPMG Board Leadership Center (BLC) on 1/20/2025

The latest edition of Directors Quarterly features a summary of board and committee agenda priorities for 2025, financial reporting and auditing updates, post-election observations from around the world, and more. Read the...more

Regulatory monitoring: EU version Newsletter - December 2024

A&O Shearman on 1/6/2025

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) International - FSB: Plenary December 2024 - Status: Final - The FSB has set out the outcomes of its Plenary that met on 3 and 4 December. Points of...more

Regulatory monitoring - December 2024

A&O Shearman on 1/6/2025

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) International - FSB: Plenary December 2024 - Status: Final - The FSB has set out the outcomes of its Plenary that met on 3 and 4 December. Points of...more

CFPB Releases Final ‘Open Banking’ Rule on Personal Financial Data Rights

Skadden, Arps, Slate, Meagher & Flom LLP on 12/17/2024

On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule (Rule) on personal financial data rights under Section 1033 of the Dodd-Frank Act. The Rule imposes significant new obligations on...more

Matters To Consider for the 2025 Annual Meeting and Reporting Season

Skadden, Arps, Slate, Meagher & Flom LLP on 12/11/2024

Our checklist and analysis present matters for companies to consider as they conduct their 2025 annual meetings and file reports to meet upcoming regulatory, shareholder and advisory deadlines. We outline key issues to...more

National Payments Vision: A Strategic Blueprint for the Future of UK Payments

Skadden, Arps, Slate, Meagher & Flom LLP on 11/27/2024

On November 14, 2024, the UK government unveiled its National Payments Vision (the Vision), a strategy designed to reshape the UK’s payments ecosystem. This Vision responds to the findings of the 2023 Future of Payments...more

Troutman Pepper Weekly Consumer Financial Services Newsletter - September 2024 # 3

Troutman Pepper Locke on 9/19/2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Decoded - Technology Law Insights, V 5, Issue 6, July 2024

Spilman Thomas & Battle, PLLC on 8/1/2024

Welcome to our seventh 2024 issue of Decoded - our technology law insights e-newsletter. We have a few events we want to pass along to those interested in technology, but also other areas of law and business....more

The EU’s Digital Operational Resilience Act (DORA) – 2024 Update

Skadden, Arps, Slate, Meagher & Flom LLP on 7/19/2024

As implementation of the EU’s Digital Operational Resilience Act (DORA) approaches, financial market participants and their technology service providers (both in and out of Europe) face a critical compliance deadline. The new...more

The UK’s Pursuit of Open Finance

Skadden, Arps, Slate, Meagher & Flom LLP on 4/30/2024

In April 2024, the UK government reiterated its vision for open finance, with UK Economic Secretary Bim Afolami (MP) announcing the creation of the Open Finance Taskforce at the 2024 Innovate Finance Global Summit. The...more

RegFi Episode 27: The Evolving Data Security Environment for Financial Services Providers

Orrick, Herrington & Sutcliffe LLP on 4/11/2024

Data is the lifeblood of the financial system, making cybersecurity threats a critical economic and national security risk. During this episode, RegFi cohosts Jerry Buckley, Sherry Safchuk and Sasha Leonhardt explore the...more

Regulatory monitoring: EU version Newsletter - February 2024

A&O Shearman on 3/4/2024

1. Bank regulation - 1.1 Prudential regulation - (a) General - (i) EU - ECB: Memorandum of Cooperation between ECB and CAs on third-country bank supervision - Status: Final - The ECB has published a Memorandum of...more

Regulatory monitoring: EU version - December 2023

A&O Shearman on 1/10/2024

1. Bank regulation - 1.1 Prudential regulation - (a) General - (i) EU - EBA: Roadmap on strengthening the Prudential framework - Status: Final - The EBA has published its roadmap on the Banking Package, which...more

Matters To Consider for the 2024 Annual Meeting and Reporting Season

Skadden, Arps, Slate, Meagher & Flom LLP on 12/13/2023

Companies have important decisions to make as they prepare for the 2024 annual meeting and reporting season. We have compiled this overview of the latest key issues — including SEC disclosure requirements, SEC guidance,...more

Regulatory monitoring: EU version - November 2023

A&O Shearman on 12/4/2023

1. Bank regulation - 1.1 Prudential regulation - The ESRB has published a speech by Christine Lagarde, President of the ECB and Chair of the ESRB, on its first general warning about financial stability risks that it published...more

Cybersecurity Enforcement Update: NYDFS Adopts Final Amendments to its Cybersecurity Regulations and SEC Sues SolarWinds Executive

Faegre Drinker Biddle & Reath LLP on 11/17/2023

Recent activity by the New York Department of Financial Services (NYDFS) and the Securities and Exchange Commission (SEC) highlight the continued focus by government regulators on cybersecurity. As these and other regulators...more

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