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Prudential Regulation Authority (PRA) FinCEN

WilmerHale

UK Cross-Government Review of Sanctions: Welcome but Unambitious Recommendations for Sanctions Enforcement

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On 15 May 2025, the UK Government published the conclusions of its cross-government review of UK sanctions implementation and enforcement (the Review)....more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, April 10, 2025

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April 9, 2025- The U.S. House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence held a hearing entitled “American Innovation and the Future of Digital Assets...more

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Daily Financial Regulation Update -- Thursday December 19

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December 18, 2024- The Federal Open Markets Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4-1/4 to 4-1/2 percent. The Board of Governors of the Federal Reserve System...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday December 12

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December 11, 2024- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled “Protecting Workers’ Money and Fighting for the Dignity of Work.”...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday December 5

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December 4, 2024- The U.S. House Committee on Financial Services held a hearing entitled “Innovation Revolution: How Technology is Shaping the Future of Finance.”...more

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Daily Financial Regulation Update -- Wednesday November 13

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November 12, 2024 - The Federal Reserve Board published the results of the Senior Loan Officer Opinion Survey on Bank Lending Practices for October 2024. November 12, 2024- The Federal Reserve Board published a working...more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday October 21

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October 18, 2024- U.S. Secretary of the Treasury Janet L. Yellen convened a meeting of the Financial Stability Oversight Council in executive session at the U.S. Department of the Treasury....more

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Daily Financial Regulation Update -- Wednesday October 16

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October 15, 2024 - The Federal Reserve Board released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. The minutes cover the...more

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Daily Financial Regulation Update -- Monday July 29, 2024

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July 26, 2024- A new Eurobarometer survey published today shows that Europeans identify respect for democracy, human rights, and the rule of law (38%) and economic, industrial, and trading power (34%) as the main strengths...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

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday July 16, 2024

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July 15, 2024 - The Conference of State Bank Supervisors and the National Association of State Credit Union Supervisors submitted a joint comment letter stating that the Federal Housing Finance Agency should not make any...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, January 26, 2024

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January 24, 2024- The Federal Reserve Board ("FRB") announced that the Bank Term Funding Program, where the FRB purchased government bonds at par, will cease making new loans as scheduled on March 11, 2024, ending a key...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, January 13 2024

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January 12, 2024- The Bank Policy Institute, Financial Services Forum, Securities Industry and Financial Markets Association, and U.S. Chamber of Commerce submitted a joint letter to the Board of Governors of the Federal...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, November 17, 2023

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November 16, 2023- The Financial Crimes Enforcement Network (FinCEN) has updated its Beneficial Ownership Information FAQs to include new questions about the reporting process, reporting companies, beneficial owners,...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, November 7, 2023

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November 6, 2023- The Bank of England, Prudential Regulation Authority, and UK Financial Conduct Authority published their proposed approach to innovation in payments, money and money-like instruments. The proposals are...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, September 29, 2023

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September 28, 2023- The U.S. House Committee on Small Business Subcommittee on Rural Development, Energy, and Supply Chains held a hearing titled "Energy Independence: How Burdensome Energy Regulations are Crushing Small...more

Paul Hastings LLP

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

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, April 1, 2023

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March 31, 2023- U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and eleven members of the Banking and Housing Committee sent a letter to Treasury Secretary Janet...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, February 28, 2023

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February 27, 2023- The Supreme Court of the United States granted a petition for certiorari to review the Fifth Circuit's decision in October that the statute providing funding to the Consumer Financial Protection Bureau...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, October 28, 2022

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October 27, 2022- U.S. Deputy Secretary of the Treasury Wally Adeyemo participated in a virtual roundtable with key stakeholders on climate impact, equity and the Inflation Reduction Act....more

Paul Hastings LLP

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

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Hearing: Current Issues in Insurance- September 8, 2022- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Current Issues in Insurance."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, May 28, 2022

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Congress- U.S. House of Representatives- Committee on Small Business- Committee Announces June Hearings- May 27, 2022- The House Small Business Committee announced several committee hearings throughout June:...more

WilmerHale

PWG Report on Stablecoins - Implications for the Regulatory Environment

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On November 1, 2021, the President’s Working Group on Financial Markets (PWG) - along with the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) - published the Report on...more

Proskauer Rose LLP

Regulation Round Up - October 2020

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29 October - The Financial Conduct Authority (“FCA”) updated its webpage on its responsibilities to mutual societies and its webpage on mutual societies’ annual returns and accounts. The FCA published a press release...more

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