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Paul Hastings LLP

Daily Financial Regulation Update -- Monday March 31, 2025

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March 28, 2025 - The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter that provides new guidance for FDIC-supervised institutions engaging or seeking to engage in crypto-related activities...more

Paul Hastings LLP

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

Paul Hastings LLP

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

Paul Hastings LLP

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

Paul Hastings LLP

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

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, December 29 2023

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December 28, 2023- The Department of the Treasury's Office of Foreign Assets Control designated one individual and three entities responsible for facilitating the flow of Iranian financial assistance to Houthi forces and...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, December 14 2023

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December 13, 2023- The U.S. House Committee on Financial Services Subcommittee on Oversight and Investigations held a hearing entitled, "Moving the Money Part 2: Getting Answers from the Biden Administration on the Iranian...more

Paul Hastings LLP

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

Paul Hastings LLP

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

Paul Hastings LLP

Daily Financial Regulation Update -- Monday, July 17, 2023

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July 14, 2023- The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the House Agriculture Committee, Glenn "GT" Thompson (PA-15), issued the following statement regarding the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, June 30, 2023

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June 29, 2023- Federal financial institution regulatory agencies today jointly issued a final policy statement on commercial real estate loan accommodations and workouts....more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, June 24, 2023

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June 23, 2023- The U.S. House of Representatives today passed the Middle-Class Borrower Protection Act of 2023. June 23, 2023- The U.S. House Committee on Financial Services Environmental, Social, and Governance (ESG)...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, June 23, 2023

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June 22, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." June 22, 2023- The U.S. House Committee on Financial...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, June 7, 2023

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June 6, 2023- Federal bank regulatory agencies issued final joint guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, April 27, 2023

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April 26, 2023- House Financial Services Committee Chairman Patrick McHenry (NC-10), Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02), and Oversight and Investigations Subcommittee...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, March 31, 2023

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March 30, 2023- The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination....more

Paul Hastings LLP

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

Paul Hastings LLP

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

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, September 14, 2022

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September 13, 2022- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "New Consumer Financial Products and the Impacts to Workers."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, September 7, 2022

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September 6, 2022- The U.S. House of Representatives Committee on Financial Services announced updates to its September schedule. POSTPONED - Thursday, September 8 at 12 p.m. ET: The Subcommittee on Investor Protection,...more

Hogan Lovells

Global Payments Newsletter, September 2021

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Key developments of interest over the last month include: El Salvador: Bitcoin becomes legal tender European Union: European Commission proposes Path to the Digital Decade to deliver EU's digital transformation by 2030...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

Financial Industry Developments - Agencies Issue Advanced Notice of Proposed Rulemaking on Enhanced Cyber Risk Management Standards - On October 19, 2016, the Federal Reserve Board, the Federal Deposit Insurance...more

Goodwin

Financial Services Weekly News - February 2015 #3

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Regulatory Developments - Federal Reserve Board Repeals Regulation AA and Proposes Repeal of Regulation C - On Feb. 11, the Federal Reserve Board took steps towards transferring some of its rulemaking authority to...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

Federal Reserve, OCC, FCA, FHFA and FDIC Adopt Joint Final Rule on Swap Margin Requirements - On October 22, the Office of the Comptroller of the Currency (the "OCC"), the Federal Reserve Board (the "Board"), the Farm...more

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