News & Analysis as of

U.S. Treasury Financial Conduct Authority (FCA)

Paul Hastings LLP

What the GENIUS Act Means for UK and Foreign Stablecoin Issuers

Paul Hastings LLP on

Stablecoins are commanding increasing attention from global regulators. While the U.K. is moving steadily toward a clearer regulatory framework, the U.S. is advancing federal legislation that could reshape how foreign...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, April 17, 2025

Paul Hastings LLP on

April 16, 2025 - The U.S. Department of the Treasury released Treasury International Capital (TIC) data for February 2025. The next release, which will report on data for March 2025, is scheduled for May 16, 2025....more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday March 10, 2025

Paul Hastings LLP on

March 7, 2025 - The Office of the Comptroller of the Currency published Interpretive Letter 1183 to confirm that supervisory nonobjection is no longer needed for crypto-asset custody, and that certain stablecoin activities...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday February 6, 2025

Paul Hastings LLP on

February 5, 2025 - The Federal Reserve Board released the hypothetical scenarios for its annual stress test, which helps ensure that large banks can lend to households and businesses even in a severe recession....more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday January 31, 2025

Paul Hastings LLP on

January 29, 2025 - The U.S. Senate Committee on Small Business and Entrepreneurship held a hearing on the nomination of Kelly Loeffler to be administrator of the Small Business Administration....more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday January 13, 2025

Paul Hastings LLP on

January 10, 2025 - The Consumer Financial Protection Bureau announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday December 18

Paul Hastings LLP on

December 17, 2024- The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the incoming Chairman and current Committee Vice Chair, French Hill (AR-02), sent letters to the outgoing Biden...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday December 11

Paul Hastings LLP on

December 10, 2024 - The United States Department of the Treasury is announcing the disbursement of $20 billion for the benefit of Ukraine, as part of the $50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday November 27

Paul Hastings LLP on

November 26, 2024 - The Federal Reserve on Tuesday released the minutes of the Federal Open Market Committee meeting that was held on November 6–7, 2024. November 26, 2024 - The Federal Reserve Board published a working...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday November 20

Paul Hastings LLP on

November 19, 2024 - The U.S. Department of the Treasury and the IRS released final regulations that will expand the reach of the Inflation Reduction Act by helping entities that co-own clean energy projects access clean...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday November 14

Paul Hastings LLP on

November 13, 2024 - Assistant Secretary for Economic Policy Eric Van Nostrand gave remarks on U.S. business investment in the post-COVID expansion. November 13, 2024 - The Office of Financial Research published a brief...more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday November 4

Paul Hastings LLP on

November 1, 2024 - U.S. House Committee on Small Business Chair Roger Williams (TX-25) released the staff report on the investigation in fraud in the U.S. Small Business Administration’s COVID Lending Programs....more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday October 31

Paul Hastings LLP on

October 30, 2024 - Assistant Secretary for Financial Markets Josh Frost issued the Quarterly Refunding Statement announcing that the U.S. Department of the Treasury is offering $125 billion of Treasury securities to refund...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday October 24

Paul Hastings LLP on

October 23, 2024 The U.S. Department of the Treasury's Community Development Financial Institutions Fund awarded 48 organizations $246.4 million for the development of affordable housing and community facilities serving...more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday October 14

Paul Hastings LLP on

October 11, 2024 - The U.S. Department of the Treasury’s Community Development Financial Institutions Fund announced an agreement to issue three guarantees worth $498 million under the CDFI Bond Guarantee Program, the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday September 26

Paul Hastings LLP on

The U.S. House Committee on Financial Services Subcommittee on Financial Institutions and Monetary Policy held a hearing entitled “Regulatory Recipe for Economic Uncertainty: The Endless Basel Endgame and an Onslaught of...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday September 24

Paul Hastings LLP on

Members of the Committee on Financial Services sent a letter to the Securities and Exchange Commission (“SEC”) Chair requesting the rescission of SEC Staff Accounting Bulletin No. 121 that imposes custodians of digital asset...more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday August 12

Paul Hastings LLP on

August 9, 2024 - The U.S. Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Securities and Exchange Commission, Commodity Futures Trading...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday August 8

Paul Hastings LLP on

August 7, 2024 - The U.S. Department of the Treasury, the Consumer Financial Protection Bureau, and the Federal Trade Commission announced actions to address unfair and deceptive consumer acts and practices in the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday July 26, 2024

Paul Hastings LLP on

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

Latham & Watkins LLP

FCA Findings on Firms’ Treatment of Politically Exposed Persons

Latham & Watkins LLP on

Regulator finds that firms could improve how they conduct anti-money laundering checks when dealing with UK PEPs. ...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday July 19, 2024

Paul Hastings LLP on

July 18, 2024- The Consumer Financial Protection Bureau proposed an interpretive rule explaining that many paycheck advance products, sometimes marketed as “earned wage” products, could be consumer loans subject to the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday July 12, 2024

Paul Hastings LLP on

The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing on the following nominations: The Honorable Christy Goldsmith Romero, of Virginia, to be Chairperson and Member of the Board of...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday June 25, 2024

Paul Hastings LLP on

June 24, 2024 - U.S. Secretary of the Treasury Janet L. Yellen gave remarks on housing policy and announcing new efforts by the Treasury Department using its existing authorities to increase the supply of housing....more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday June 7, 2024

Paul Hastings LLP on

June 6, 2024- The U.S. Department of the Treasury released a request for information on the Uses, Opportunities, and Risks of Artificial Intelligence (AI) in the Financial Services Sector....more

186 Results
 / 
View per page
Page: of 8

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide