News & Analysis as of

United Kingdom Federal Reserve Financial Services Industry

Skadden, Arps, Slate, Meagher & Flom LLP

The Capital Ratio Podcast | Entering the US Banking Market

When crafting an entry into the U.S. markets, U.K. and European financial institutions need to carefully plan an appropriate strategy. Sebastian Barling, host of “The Capital Ratio” is joined by financial institutions...more

Paul Hastings LLP

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

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday May 2, 2024

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May 1, 2024 - The U.S. House Committee on Financial Services Subcommittee on Financial Institutions and Monetary Policy held a hearing entitled, “Merger Policies of the Federal Banking Agencies.” The Committee heard...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, January 17 2024

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January 16, 2024- The Federal Reserve Board published a working paper entitled, "A Field Guide to Monetary Policy Implementation Issues in a New World with CBDC, Stablecoin, and Narrow Banks."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, December 15 2023

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December 14, 2023 - FSOC Issues Annual Report- The Financial Stability Oversight Council released its 2023 annual report reviewing financial market developments, describing potential emerging threats to U.S. financial...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, October 13, 2023

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October 12, 2023- The Consumer Financial Protection Bureau and Justice Department issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis of...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, September 26, 2023

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September 25, 2023- The Federal Reserve Bank of Boston Research Department published a working paper entitled, "Lease Expirations and CRE Property Performance." September 25, 2023- FINRA published an election notice...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, September 21, 2023

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September 20, 2023- Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg addressed The Exchequer Club in Washington, DC on the financial stability risks of nonbank financial institutions....more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, September 20, 2023

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September 19, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Oversight of the SEC's Division of Investment Management."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, September 6, 2023

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September 5, 2023- The Federal Reserve Bank of New York General Counsel Richard Ostrander authored a paper prepared for a panel discussion on Central Bank Immunities and International Sanctions at the ECB Legal Conference...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, August 31, 2023

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August 30, 2023- The Federal Reserve Board published a working paper entitled, "FinTech and Banks: Strategic Partnerships That Circumvent State Usury Laws." August 30, 2023- The Federal Reserve Board published a...more

Wilson Sonsini Goodrich & Rosati

Focus on Fintech – Q2 2023

In this most recent issue, we discuss a number of federal banking agency updates, including the long-awaited Final Interagency Guidance on Third-Party Relationships and the Federal Reserve Bank of New York’s report on the...more

Cooley LLP

FCA, Federal Reserve Share Concerns About AI in Financial Services

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Senior regulators at the Financial Conduct Authority (FCA) in the UK and at the Board of Governors of the Federal Reserve System (Federal Reserve Board) in the US publicly shared remarks regarding their concerns about...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, June 2, 2023

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June 1, 2023- The California Department of Financial Protection and Innovation (DFPI) and the Board of Governors of the Federal Reserve System (Federal Reserve) issued a joint consent order to facilitate the implementation...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, May 31, 2022

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Major Developments- Federal Agencies- Federal Reserve Board Speech: Responding to High Inflation, with Some Thoughts on a Soft Landing- ...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, May 21, 2022

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The G7 Finance Ministers and Central Bank Governors issued a communique on the results of their May 18-20 Meeting in Petersburg, Germany....more

Holland & Knight LLP

CFPB Issues Final Libor Transition Rules

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The Consumer Financial Protection Bureau (the Bureau) has issued final regulations (Final Regulations) to facilitate the transition away from Libor (the London Interbank Offered Rate) in the consumer credit market and to...more

Amundsen Davis LLC

LIBOR’s Ending: A Long Goodbye

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In our October 2019 alert, we advised that LIBOR (London Interbank Offered Rate) will not be available for use as an interest rate index after December 31, 2021 (the LIBOR Cessation). As the end of 2021 approaches, here is...more

Morrison & Foerster LLP

Financial Services Report - Spring 2021

Can you say 0 to 60? Not cars, but pretty much everything to do with financial services. A new year, a new administration, and new challenges for providers. Prior CFPB Director Kraninger is long gone. Acting Director Uejio...more

Perkins Coie

Fintech Week in Review - February 2021

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UK Set to Move Forward on BNPL Regulation - The United Kingdom Financial Conduct Authority (FCA) recently issued a report on the market conditions for buy-now pay-later (BNPL) unsecured lending. The report recommends...more

Hogan Lovells

COVID-19: Measures taken by financial supervisory authorities in certain jurisdictions - as at 17 April 2020

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The current situation is fast-moving in light of the COVID-19 pandemic. Many financial supervisory and regulatory authorities as well as local governments have issued measures which are relevant for financial institutions...more

Robins Kaplan LLP

Financial Daily Dose 12.18.2019 | Top Story: Fiat Chrysler and Peugeot Boards Agree to $50 Billion Merger

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Fiat Chrysler and rival Peugeot have agreed to binding merger terms that, if approved by US and European regulators, would create a “$50 billion auto giant that would rank among the world’s largest car companies by sales”....more

Robins Kaplan LLP

Financial Daily Dose 10.25.2019 | Top Story: ECB Holds Rates Steady as Draghi Departs

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Mario Draghi presided over his final ECB meeting yesterday, with the central bank deciding to hold rates steady and let current stimulus measures play out for the time being. His departure (and the arrival of former IMF chief...more

Robins Kaplan LLP

Financial Daily Dose 8.29.2019 | Top Story: South Korea High Court Could Send Samsung Heir Back to Jail

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A ruling this morning from South Korea’s top court means that Samsung’s de facto leader, its vice chair and chaebol heir Lee Jae-yong, could be heading back behind bars. The high court found that a lower appeals court “had...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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More on the rather shocking departure of John Flannery from GE, the Board that didn’t want to give him any more leash for his turnaround plans, and the future of the embattled corporate giant under Larry Culp....more

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