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Bradley Arant Boult Cummings LLP

State Laws Show Uniformity Is Key To Truly Fair Bank Access

Bradley Arant Boult Cummings LLP on

Over the past few years, one of the more noteworthy types of new financial services rules at the state level has been the so-called fair access to banking law. Concerns about ideological debanking have gained political...more

BakerHostetler

A New Era for the Stablecoin Industry: The GENIUS Act

BakerHostetler on

On Friday, July 18, President Donald J. Trump signed into law historic legislation to establish a legal framework for the payment stablecoin industry in the United States, S.1582, the Guiding and Establishing National...more

Sheppard Mullin Richter & Hampton LLP

Treasury Secretary Scott Bessent Appointed as Acting CFPB Director

Sheppard Mullin Richter & Hampton LLP on

On January 31, 2025, the CFPB announced President Donal Trump had appointed Scott Bessent as Acting Director of the CFPB. In a brief statement, Bessent expressed his commitment to advancing the administration’s agenda to...more

Pillsbury Winthrop Shaw Pittman LLP

What to Expect from the New York Department of Financial Services in 2023

Pillsbury Winthrop Shaw Pittman LLP on

In 2023, the NYDFS is poised to finalize several significant new regulations and will likely continue its aggressive cybersecurity, anti-money laundering (AML) and consumer protection enforcement. The New York Department of...more

A&O Shearman

UK Financial Conduct Authority Announces New Approach to Speed Up Issuing Statutory Notices

A&O Shearman on

The U.K. Financial Conduct Authority has published a policy statement setting out its new approach to issuing statutory notices, which will take effect from November 26, 2021. The FCA publishes statutory notices when...more

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