News & Analysis as of

Government Agencies Regulatory Reform Financial Services Industry

A&O Shearman

Mansion House: HMT and BoE announce plans for new UK retail payments model under NPV

A&O Shearman on

HM Treasury has published an update on the National Payments Vision (NPV), announcing plans to implement a new collaborative model for delivering the UK's next-generation retail payments infrastructure. The Payments Vision...more

Morgan Lewis

Kazakhstan Introduces Unified Register of State Support Measures for Private Entrepreneurship

Morgan Lewis on

The Deputy Prime Minister – Minister of National Economy of the Republic of Kazakhstan recently adopted Order No. 55, which came into force on 6 July 2025. The order approves the Register of State Support Measures, which...more

Wiley Rein LLP

[Podcast] What D.C. Gets Right (and Wrong) About Crypto

Wiley Rein LLP on

In the latest episode of CryptoCounsel, Tim Hite – former House Financial Services Committee counsel and current Policy Director at Exodus – joins Frank and Isaac to unpack the evolution of crypto legislation on Capitol Hill....more

Troutman Pepper Locke

Digital Asset CLARITY Act Heads to House Floor

Troutman Pepper Locke on

On Tuesday, June 10, the House Committees on Agriculture and Financial Services both favorably reported to the House H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act (as amended). Both committees gave overwhelmingly...more

Bennett Jones LLP

Government of Canada Doubles Funding for Federal Indigenous Loan Guarantee Program

Bennett Jones LLP on

On March 21, 2025, Prime Minister Carney announced important changes to the federal Indigenous Loan Guarantee Program (Program). The Government of Canada doubled funding for the Program from C$5billion to C$10 billion and...more

Wiley Rein LLP

[Podcast] Crypto Advocacy in Action: A Conversation with Coinbase's Nick Carden

Wiley Rein LLP on

In this episode, Frank welcomes two distinguished guests: Nick Carden, Associate General Counsel at Coinbase, and Michael Toner, Chair of Wiley's Election Law and Government Ethics Practice. Together, they discuss the...more

Orrick, Herrington & Sutcliffe LLP

Democratic senators press CFPB’s Vought on mass firings

On April 28, Sen. Elizabeth Warren (D-MA), one of 40 democratic senators, sent a letter to CFPB Acting Director, Russell Vought, expressing their concerns about Vought’s attempt to terminate nearly all of the Bureau’s 1,700...more

Ballard Spahr LLP

Trump Administration appeals ruling that blocked CFPB firings

Ballard Spahr LLP on

The Trump Administration has appealed an order by a federal District Court Judge blocking the CFPB from firing 1483 employees effective in June 2025 and cutting off their access to CFPB work systems on April 18, 2025....more

Bressler, Amery & Ross, P.C.

Insurance Leaders from Various Camps Support Abolition of the Federal Insurance Office

In 2010, the Federal Insurance Office (“FIO”) was created within the United States Treasury Department by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to support uniform regulation of Insurance across the...more

MoFo Tech

Japan’s Approach to AI Regulation in 2025

MoFo Tech on

Following Shigeru Ishiba’s appointment as Prime Minister on October 1, 2024, Japan has been charting a cautious but innovation-friendly AI regulation strategy, culminating in a public announcement by the Prime Minister...more

Ballard Spahr LLP

Appeals Court blocks judge’s order temporarily prohibiting large-scale changes at CFPB

Ballard Spahr LLP on

The Circuit Court of Appeals for the District of Columbia has issued an administrative stay for to a judge’s order blocking wholesale changes at the CFPB....more

Sheppard Mullin Richter & Hampton LLP

Treasury Confirms All CDFI Fund Programs Are Backed by Law Amid Executive Order Review

On March 21, the U.S. Department of the Treasury submitted a report to the Office of Management and Budget affirming that all 11 programs administered by the Community Development Financial Institutions (CDFI) Fund are...more

Wiley Rein LLP

[Podcast] Welcome to CryptoCounsel 2.0!

Wiley Rein LLP on

Welcome to CryptoCounsel 2.0! Frank is back, and he's brought some new friends into the fold. Meet Lauren Lerman, a regulatory lawyer who advises telecommunications and emerging technology clients, including in the AI and...more

Clark Hill PLC

Administrative Law Report - March 2025, Vol. 5

Clark Hill PLC on

Welcome to your monthly rundown of all things administrative law, where we highlight all the happenings you may have missed....more

Cooley LLP

Shadow SEC argues for retention of SEC independence

Cooley LLP on

At the end of last year, in this post on the CLS Blue Sky Blog, two leading authorities on securities law, Professors John C. Coffee, Jr. and Joel Seligman, made some predictions about SEC regulation under the new...more

Orrick, Herrington & Sutcliffe LLP

FDIC OIG responds to senators’ letter on FDIC bank examiners

On February 19, the Office of Inspector General (OIG) for the FDIC responded to a letter from Sen. Elizabeth Warren (D-MA) and others concerning the FDIC’s decision to rescind over 200 jobs for bank examiners. As previously...more

Orrick, Herrington & Sutcliffe LLP

Executive Order on Independent Regulatory Agencies

On February 18, 2025, the Trump Administration issued a new Executive Order, entitled “Ensuring Accountability for All Agencies,” that seeks to increase presidential oversight and control of independent regulatory agencies. ...more

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