The OCC recently finalized two broad updates to its regulations that increase flexibility for regulatory filings, including for corporate transactions such as business combinations, and update and clarify permissible...more
Section 13(3) of the Federal Reserve Act authorizes the Federal Reserve Board (FRB) in “unusual and exigent circumstances” to establish programs or facilities with “broad-based eligibility” that allow a Federal Reserve Bank...more
In response to the global COVID-19 crisis, US federal financial regulators are taking important actions that affect US and non-US financial institutions, other financial services providers, consumers, and the US and global...more
4/28/2020
/ Banks ,
CFTC ,
Coronavirus/COVID-19 ,
DSIO ,
Financial Institutions ,
Financial Regulatory Agencies ,
FRB ,
OCC ,
Regulatory Oversight ,
Relief Measures ,
Securities and Exchange Commission (SEC)
In response to the global COVID-19 crisis, US federal financial regulators are taking important actions that affect US and non-US financial institutions, other financial services providers, consumers, and the US and global...more
As during the 2008 global financial crisis, the US financial regulators and Congress are taking emergency action to ensure the availability of liquidity and credit to the US financial system in response to the COVID-19...more
4/8/2020
/ Banking Sector ,
Commercial Paper Funding Facility (CPFF) ,
Compliance ,
Coronavirus/COVID-19 ,
Emergency Lending ,
Financial Institutions ,
Liquidity ,
Main Street Expanded Loan Facility ,
Money Market Mutual Fund Liquidity Facility (MMLF) ,
Primary Dealer Credit Facility (PDCF) ,
Term Asset-Backed Securities Loan Facility (TALF) ,
US Branches of Non-US Banks