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Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday February 26, 2025

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February 25, 2025- The Financial Deposit Insurance Corporation released the Quarterly Banking Profile for Q4 2024 with reports from 4,487 commercial banks and savings institutions insured by the FDIC which reported a...more

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Daily Financial Regulation Update -- Friday December 20

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December 19, 2024- The U.S. Department of the Treasury released a report following the issuance of its 2024 Request for Information on the Uses, Opportunities, and Risks of Artificial Intelligence in Financial Services,...more

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Daily Financial Regulation Update -- Thursday November 21

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November 20, 2024 - The U.S. House Committee on Financial Services held a hearing entitled, “Oversight of Prudential Regulators.” The Committee heard testimony from: The Honorable Michael Barr, Vice Chairman for...more

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Daily Financial Regulation Update -- Friday July 26, 2024

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July 25, 2024- The Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency issued a statement reminding banks of potential risks associated with third-party arrangements...more

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Daily Financial Regulation Update -- Saturday June 1, 2024

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May 31, 2024 - The Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency jointly issued updated host state loan-to-deposit ratios that are used to evaluate compliance...more

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Daily Financial Regulation Update -- Thursday, January 18 2024

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January 17, 2024- U.S. Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Tim Scott (R-S.C.) led a letter to the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of...more

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Daily Financial Regulation Update -- Tuesday, January 9 2024

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January 8, 2024- Secretary of the Treasury Janet L. Yellen gave remarks at the Financial Crimes Enforcement Network. January 8, 2024- The Federal Reserve Board released the G.19 consumer credit data for November 2023....more

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Daily Financial Regulation Update -- Wednesday, December 13, 2023

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December 12, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Examining the Agenda of Regulators, SROs, and Standards-Setters for Accounting, Auditing."...more

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Daily Financial Regulation Update -- Friday, December 8, 2023

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December 7, 2023- U.S. Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Tim Scott (R-S.C.) and Banking Committee Republicans are calling on Federal Deposit Insurance Corporation Chairman Martin...more

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Daily Financial Regulation Update -- Wednesday, November 22, 2023

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November 21, 2023- The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and IRS Criminal Investigation (CI), has settled with Binance...more

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Daily Financial Regulation Update -- Saturday, October 21, 2023

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October 20, 2023- The Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency are extending until January 16, 2024, the comment period on their large bank capital...more

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Daily Financial Regulation Update -- Thursday, June 22, 2023

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June 21, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing on the following nominations: •The Honorable Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the...more

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Daily Financial Regulation Update -- Tuesday, June 20, 2023

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June 17, 2023- Federal Reserve Bank of New York General Counsel Rachel Ostrander gave remarks on the panel "Bank Crisis Framework: Learning from Experience" at the Paris Meeting of the Committee on International Monetary Law...more

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Daily Financial Regulation Update -- Wednesday, June 14, 2023

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June 13, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Consumer Financial Protection Bureau's Semi-Annual Report to Congress."...more

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Daily Financial Regulation Update -- Thursday, June 1, 2023

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May 31, 2023- The Board of Governors of the Federal Reserve System (Federal Reserve) released the Beige Book for May 2023. May 31, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing...more

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Daily Financial Regulation Update -- Friday, April 28, 2023

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April 27, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Oversight of the Credit Reporting Agencies." April 27, 2023- The U.S. Senate Committee on Small Business &...more

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Daily Financial Regulation Update -- Thursday, April 6, 2023

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April 5, 2023- The U.S. Department of the Treasury's Office of Foreign Assets Control took action to designate Genesis Market, for its part in the theft and sale of device credentials and related sensitive information....more

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Daily Financial Regulation Update -- Saturday, March 11, 2023

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March 10, 2023- Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as...more

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Daily Financial Regulation Update -- Friday, December 9, 2022

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December 8, 2022- U.S. Sen. Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, and U.S. Sen. Pat Toomey (R-PA), Ranking Member of the Senate Committee on Banking, Housing, and...more

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Daily Financial Regulation Update -- Wednesday, November 23, 2022

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November 22, 2022- The Federal Reserve Board published a paper entitled, "Choices and Implications when Measuring the Local Supply of Prescription Opioids."...more

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Daily Financial Regulation Update -- Tuesday, October 4, 2022

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October 3, 2022- The Financial Stability Oversight Council held a meeting on October 3, 2022 where it unanimously approved its Report on Digital Asset Financial Stability Risks and Regulation....more

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Daily Financial Regulation Update -- Tuesday, September 20, 2022

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September 19, 2022- The U.S. Department of the Treasury today filed a Request for Comment to seek feedback from the American people on the illicit finance and national security risks posed by digital assets....more

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Daily Financial Regulation Update -- Saturday, July 23, 2022

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July 22, 2022- U.S. Senate Banking Committee Republicans sent a letter to Securities and Exchange Commission Chair Gary Gensler regarding his response to a June 15th request for records regarding the SEC's proposed climate...more

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Daily Financial Regulation Update -- Wednesday, July 6, 2022

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July 5, 2022- Under Secretary for Domestic Finance Nellie Liang gave remarks at King's College London's Global Banking and Finance Conference addressing current macroprudential regulation, and looking ahead at emerging...more

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Daily Financial Regulation Update --Wednesday, June 8, 2022

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Congress- U.S. Senate- Committee on Banking, Housing, and Urban Affairs- Brown Presses FSOC to Protect Consumer Data-...more

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