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Paul Hastings LLP

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

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Daily Financial Regulation Update -- Wednesday October 23

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October 22, 2024- The Consumer Financial Protection Bureau finalized the Section 1033 Open Banking rule that requires financial institutions, credit card issuers, and other financial providers to unlock an individual’s...more

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Daily Financial Regulation Update -- Monday October 14

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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

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Daily Financial Regulation Update -- Friday September 20

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September 19, 2024- The Federal Reserve Bank of New York’s Open Market Trading Desk issued a statement announcing it intends to conduct a small value term repo operation with Primary Dealers....more

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Daily Financial Regulation Update -- Wednesday August 28

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August 27, 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....more

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Daily Financial Regulation Update -- Tuesday August 13

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August 12, 2024 - The Consumer Financial Protection Bureau sent a comment letter to the U.S. Department of the Treasury in response to the Treasury’s Request for Information on Uses, Opportunities, and Risks of Artificial...more

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Daily Financial Regulation Update -- Monday August 12

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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

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Daily Financial Regulation Update -- Wednesday August 7, 2024

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August 5, 2024- The Federal Reserve Board issued final joint guidance to help certain large banks further develop their resolution plans. August 6, 2024 - The Federal Reserve Bank of New York’s Center for Microeconomic...more

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Daily Financial Regulation Update -- Wednesday July 3, 2024

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July 2, 2024- The EU–U.S. Joint Financial Regulatory Forum took place on June 25-26, 2024, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The...more

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Daily Financial Regulation Update -- Tuesday, January 30, 2024

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January 29, 2024- The U.S. Department of the Treasury issued a finding and notice of proposed rulemaking (NPRM) that identifies an Iraqi bank that serves as a conduit for terrorist financing, as a foreign financial...more

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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

Skadden, Arps, Slate, Meagher & Flom LLP

AI Insights: How Regulators Worldwide Are Addressing the Adoption of AI in Financial Services

Following the declaration of the international artificial intelligence (AI) “Safety Summit” at Bletchley Park (Bletchley Summit) on November 1, 2023, and the White House’s October 30, 2023, Executive Order on AI (Executive...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

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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

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Daily Financial Regulation Update -- Friday, September 15, 2023

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September 14, 2023- The U.S. House Committee on Financial Services Subcommittee on Financial Institutions and Monetary Policy held a hearing entitled, "Implementing Basel III: What's the Fed's Endgame?"...more

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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

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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

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Daily Financial Regulation Update -- Saturday, July 9, 2023

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July 7, 2023- The Consumer Financial Protection Bureau (CFPB), U.S. Department of Health and Human Services, and U.S. Department of Treasury launched an inquiry into high-cost specialty financial products, such as medical...more

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Daily Financial Regulation Update -- Tuesday, July 4, 2023

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July 3, 2023- A broad coalition of financial services trade associations including the Bank Policy Institute, American Financial Services Association, Consumer Bankers Association, Credit Union National Association, Mortgage...more

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Daily Financial Regulation Update -- Thursday, June 22, 2023

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June 21, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing on the following nominations: •The Honorable Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the...more

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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

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Daily Financial Regulation Update -- Saturday, March 4, 2023

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March 3, 2023 The Securities and Exchange Commission issued an announcement that the new filing deadline and other amendments are effective on March 20, 2023, and the Form 144 electronic filing requirement will begin on...more

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Daily Financial Regulation Update -- Saturday, February 25, 2023

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February 24, 2023- The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Data Privacy Act of 2023. February 24, 2023- The U.S. Department of the Treasury's Office of Foreign...more

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

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January 12, 2023- Subcommittees of the House Financial Services Committee, as well as their respective Chairs and jurisdiction for the 118th Congress, were announced. January 11, 2023- Republican Committee members...more

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Daily Financial Regulation Update -- Tuesday, January 10, 2023

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January 9, 2023- The Federal Reserve Bank of New York's Center for Microeconomic Data released the December 2022 Survey of Consumer Expectations, which shows that inflation expectations continued to decline in the short term...more

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