WORD OF THE DAY® – Clean-Up Call
The first half of 2025 brought significant developments in the regulation of digital and cryptoassets in the UK and EU. In this half-year update, we review these and look ahead to likely developments in the UK and EU in the...more
April 4, 2025 - The commissioner of the Department of Financial Protection and Innovation (DFPI) has proposed regulations to implement provisions of the Digital Financial Assets Law and amend the Money Transmission Act....more
January 8, 2025- The Federal Reserve released the minutes of the Federal Open Market Committee meeting that was held on December 17–18, 2024. January 8, 2025 - Federal Reserve Board Governor Christopher J. Waller gave a...more
April 4, 2024- Secretary of the Treasury Janet L. Yellen held a roundtable discussion with representatives from the American, European, and Japanese business communities and other experts to discuss business conditions in...more
August 4, 2022- Following its stress test earlier this year, the Federal Reserve Board announced the individual capital requirements for all large banks, effective on October 1, 2022....more
Key developments of interest over the last month include: In this Newsletter: For previous editions of the Global Payments Newsletter, please visit our Financial Services practice page. On 9 March 2022, President Biden signed...more
BROKER-DEALER - SEC Issues Guidance on Substituted Compliance Applications by Non-US Security-Based Swap Dealers and Major Security-Based Swap Participants - On November 25, the Securities and Exchange Commission’s...more
With crypto-currencies on the rise and technological developments providing great opportunities in the financial services sector, Initial Coin Offerings ("ICO") provide an innovative way of raising capital. They are...more
There are more than 6004 virtual currencies in use around the world today. Bitcoin is one of the best known and most widely used in Europe and North America. ...more