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Paul Hastings LLP

Daily Financial Regulation Update -- Thursday September 26

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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

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Daily Financial Regulation Update -- Thursday June 27, 2024

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June 26, 2024- The U.S. House Committee on Financial Services Subcommittee on Housing and Insurance held a hearing entitled, “Housing Oversight: Testimony of the HUD and FHFA Inspectors General.” The Committee heard...more

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Daily Financial Regulation Update -- Thursday May 23, 2024

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May 22, 2024- The Federal Deposit Insurance Corporation published its 2024 Risk Review, which summarizes conditions in the U.S. economy, financial markets, and the banking industry....more

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Daily Financial Regulation Update -- Thursday May 16, 2024

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May 15, 2024- The U.S. House Committee on Financial Services held a hearing entitled, “Oversight of Prudential Regulators.” The Committee heard testimony from: the Honorable Michael Barr, Vice Chairman for Supervision,...more

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Daily Financial Regulation Update -- Wednesday, February 7, 2024

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February 6, 2024- The U.S. House Committee on Financial Services held a hearing entitled, "The Annual Report of the Financial Stability Oversight Council." The Committee heard testimony from Secretary of the Treasury Janet...more

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Daily Financial Regulation Update -- Friday, November 3, 2023

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November 2, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Ensuring Financial Protection for Servicemembers, Veterans, and Their Families." November 2, 2023- The U.S....more

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Daily Financial Regulation Update -- Friday, October 20, 2023

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October 19, 2023- The Consumer Financial Protection Bureau proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new...more

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Daily Financial Regulation Update -- Friday, September 29, 2023

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September 28, 2023- The U.S. House Committee on Small Business Subcommittee on Rural Development, Energy, and Supply Chains held a hearing titled "Energy Independence: How Burdensome Energy Regulations are Crushing Small...more

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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

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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 -- Tuesday, August 22, 2023

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August 18, 2023- The House Committee on Small Business announced its September hearing schedule. Subcommittee on Economic Growth, Tax, and Capital Access Hearing: "Enabling Success: Examining the Competitive Landscape...more

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Daily Financial Regulation Update -- Friday, August 18, 2023

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August 17, 2023- The Financial Conduct Authority is setting out expectations for cryptoasset businesses that need to comply with a change in money laundering legislation legislated by government in July 2022....more

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Daily Financial Regulation Update -- Thursday, July 27, 2023

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July 26, 2023- The Department of Justice, Department of Commerce's Bureau of Industry and Security (BIS), and the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a joint compliance note focusing...more

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Daily Financial Regulation Update -- Thursday, May 18, 2023

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May 17, 2023 The U.S. Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy held a hearing entitled, "Strengthening Accountability at the Federal Reserve: Lessons and Opportunities for...more

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Daily Financial Regulation Update -- Thursday, April 27, 2023

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April 26, 2023- House Financial Services Committee Chairman Patrick McHenry (NC-10), Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02), and Oversight and Investigations Subcommittee...more

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Daily Financial Regulation Update -- Thursday, April 20, 2023

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April 19, 2023- The U.S. House Committee on Financial Services Subcommittee on Digital Assets held a hearing entitled, "Understanding Stablecoins' Role in Payments and the Need for Legislation."...more

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Daily Financial Regulation Update -- Friday, March 17, 2023

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March 16, 2023- U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the Treasury Department, the Federal Deposit Insurance Corporation (FDIC), and...more

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Daily Financial Regulation Update -- Friday, September 30, 2022

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September 29, 2022- The U.S. Treasury's Financial Crimes Enforcement Network issued a final rule establishing a beneficial ownership information reporting requirement, pursuant to the bipartisan Corporate Transparency Act....more

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Daily Financial Regulation Update -- Saturday, July 30, 2022

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July 29, 2022- The Federal Deposit Insurance Corporation published a fact sheet entitled, "What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies." The FDIC also issued a Financial Institution...more

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Daily Financial Regulation Update -- Friday, July 1, 2022

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June 30, 2022- The Task Force on Financial Technology held a hearing entitled, "Combatting Tech Bro Culture: Understanding Obstacles to Investments in Diverse-Owned Fintechs."...more

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Daily Financial Regulation Update -- Friday, June 24, 2022

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Major Developments- Federal Reserve Board- Federal Reserve Board releases results of annual bank stress test- June 23, 2022- The Federal Reserve Board released the results of its annual bank stress test....more

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