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Mayer Brown

Federal Reserve Proposes Changes to Rating System for Large Financial Institutions

Mayer Brown on

On July 10, 2025, the Board of Governors of the Federal Reserve System (“Board”) proposed changes to its supervisory rating systems for large financial institutions (“LFIs”) and supervised insurance organizations (the...more

Orrick, Herrington & Sutcliffe LLP

Fed requests comments on its Large Financial Institution rating system

On July 15, the Fed published a notice and request for comment in the Federal Register on revisions to its Large Financial Institution (LFI) rating system and the Insurance Supervisory Framework. The rating system governs...more

Ropes & Gray LLP

ESMA Proposes Significant Reforms to UCITS Eligible Assets Rules

Ropes & Gray LLP on

ESMA has recently recommended notable amendments to the UCITS Eligible Assets Directive, which sets the standards for permissible investments by UCITS funds across Europe. These reforms could redefine permissible investment...more

Polsinelli

CMS Proposes New Mandatory, Two-Sided Risk Model for Heart Failure and Low Back Pain

Polsinelli on

Key Takeaways - CMS has proposed a mandatory two-sided risk model for specialists treating heart failure and low back pain in outpatient settings....more

A&O Shearman

EBA consults on draft guidelines on application of definition of default and applying credit conversion factors under CRR

A&O Shearman on

The European Banking Authority (EBA) has published two consultation papers under the Capital Requirements Regulation (CRR), as amended by the revised Capital Requirements Regulation (CRR III). The first consultation paper...more

Skadden, Arps, Slate, Meagher & Flom LLP

US Banking Regulators Propose Changes to the Enhanced Supplementary Leverage Ratio for US GSIBs

On June 27, 2025, the Federal Reserve approved a proposal to recalibrate a key capital requirement applicable to the largest U.S. banking organizations (known as global systemically important banks (GSIBs)). - The proposal...more

Loeb & Loeb LLP

Banking Agencies Propose Long-Sought Changes to Capital Rules for the Largest U.S. Banks

Loeb & Loeb LLP on

The Federal Reserve, alongside the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC), released their highly anticipated Notice of Proposed Rulemaking to overhaul the Enhanced...more

Jackson Lewis P.C.

Cal/OSHA’s Significant Revisions to Proposed Workplace Violence Regulation Would Create More Obligations for More Employers

Jackson Lewis P.C. on

The California Division of Occupational Safety and Health, better known as Cal/OSHA, has issued significant revisions to its proposed workplace violence regulation. The proposal provides needed clarity for employers but also...more

K&L Gates LLP

United States: The Great SEC Spring Clean Up–14 Proposals Wiped Away

K&L Gates LLP on

Spring is a time of renewal, and the US Securities and Exchange Commission (SEC)–under its new chairman, Paul Atkins–has shown that. On 12 June 2025, the SEC withdrew 14 proposed rules impacting funds and asset managers,...more

Paul Hastings LLP

SEC Withdraws 14 Pending Rule Proposals

Paul Hastings LLP on

On June 12, the Securities and Exchange Commission (SEC) formally withdrew 14 proposed rules for investment advisers, broker-dealers and public companies, many of which had been pending for several years. Should the SEC...more

Akin Gump Strauss Hauer & Feld LLP

SEC Withdraws Several Gensler-Era Rule Proposals Impacting Investment Managers

On June 12, 2025, the Securities and Exchange Commission formally withdrew several rule proposals made while Gary Gensler was Chairman that would have applied to investment managers, including, among others, proposals...more

Perkins Coie

FCC Plugs National Security Gaps by Targeting “Bad Labs”

Perkins Coie on

Key Takeaways - - Per a recent FCC final rule, telecommunication certification bodies owned or controlled by “prohibited entities,” including Chinese government and military affiliates, are prohibited from testing and...more

A&O Shearman

FCA consults on proposed prudential regime for cryptoasset firms

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published consultation paper CP25/15 on its proposed prudential regime for cryptoasset firms, also accompanied by an updated webpage. This is intended to be read together with...more

Wiley Rein LLP

FCC Bans “Bad Labs” Connected to Foreign Adversaries, Seeks Comment on Additional Restrictions for Equipment Authorization Program

Wiley Rein LLP on

Continuing its efforts under Chairman Brendan Carr’s leadership to safeguard United States communications infrastructure from foreign threats, the Federal Communications Commission (FCC or Commission) adopted an Order and...more

Hogan Lovells

UK: FCA consults on a prudential regime for cryptoasset firms

Hogan Lovells on

As part its ongoing programme of consulting on elements of the new regulatory regime for cryptoassets, the FCA has published Consultation Paper CP25/15: “A prudential regime for cryptoasset firms”, and is inviting feedback...more

A&O Shearman

PRA Phase 1 of Pillar 2A review

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has published a consultation paper (CP12/25) setting out Phase 1 of its Pillar 2A review. This first phase review seeks to address the consequential impact of the near-final PRA...more

Steptoe & Johnson PLLC

PHMSA Issues Advance Notice of Proposed Rulemaking Seeking Stakeholder Comments Related to Repair Criteria for Hazardous Liquid...

Steptoe & Johnson PLLC on

On May 21, the Pipeline and Hazardous Materials Safety Administration (PHMSA) submitted an advance notice of proposed rulemaking (ANPRM) to the Office of the Federal Register (publisher of the Federal Register) seeking public...more

Bergeson & Campbell, P.C.

EPA Proposes to Extend Certain Compliance Deadlines to Ensure Lab Compliance with Final Methylene Chloride Risk Management Rule

On May 20, 2025, the U.S. Environmental Protection Agency (EPA) released a proposed rule that would extend certain compliance dates in the final risk management rule for methylene chloride under the Toxic Substances Control...more

DarrowEverett LLP

AI Meets TCPA: Navigating Business Compliance Risks in Phone Communications

DarrowEverett LLP on

As artificial intelligence continues to transform business communications, companies will continue to face significant—and in some cases, increased—legal risks under the Telephone Consumer Protection Act (TCPA) when choosing...more

Mayer Brown

PRA Consultation: Matching Adjustment Investment Accelerator (MAIA)

Mayer Brown on

INTRODUCTION - The recent “Solvency UK” reforms to Solvency II represent the UK’s tailored approach to insurance prudential regulation post-Brexit, aiming to enhance flexibility and competitiveness in the insurance...more

Frost Brown Todd

U.S. EPA Announces Retainment of MCLs for PFOA and PFOS and Intent to Rescind and Reconsider MCLs for Other PFAS

Frost Brown Todd on

The United States Environmental Protection Agency (U.S. EPA) announced today that it will keep the current Maximum Contaminant Levels (MCLs) set by the National Primary Drinking Water Regulations for perfluorooctanoic acid...more

Eversheds Sutherland (US) LLP

The CFTC issues requests for comments on 24/7 trading and perpetual derivatives contracts

On April 21, 2025, the Commodity Futures Trading Commission (CFTC) Divisions of Market Oversight, Clearing and Risk, and Market Participants issued two Requests for Comment (RFCs) on 24/7 trading and clearing of derivatives...more

Conn Maciel Carey LLP

Illinois’ Proposed Workplace Extreme Temperature Safety Act: Key Provisions and Status Update

Conn Maciel Carey LLP on

The trend of states proposing or adopting heat illness prevention standards continues, with Illinois attempting to become the first Fed/OSHA state (for private employers) with a general industry standard. The proposed...more

A&O Shearman

PRA consults on updated supervisory expectations to manage climate-related risks

A&O Shearman on

The Prudential Regulation Authority (PRA) has issued a consultation paper (CP10/25) and draft updates to the supervisory statement 3/19. The consultation aims to enhance supervisory expectations on the management of...more

Faegre Drinker Biddle & Reath LLP

Colorado Division of Insurance Takes Next Steps to Expand AI-Related Governance and Risk Management Obligations for Insurers

The complex and evolving AI regulatory landscape for insurers is again on the move. The Colorado Division of Insurance (the Division) has commenced the formal rulemaking process to amend and expand the reach of current...more

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