News & Analysis as of

U.S. Treasury Financial Institutions Fannie Mae

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday July 9, 2024

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July 8, 2024 - The Financial Crimes Enforcement Network (FinCEN) has updated its Beneficial Ownership Information Frequently Asked Questions to include responses to questions about entities that have ceased to exist....more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday June 8, 2024

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June 6, 2024- The Financial Stability Oversight Council (FSOC), in partnership with the Brookings Institution, hosted the first day of a conference on Artificial Intelligence (AI) and Financial Stability....more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday May 9, 2024

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May 8, 2024- U.S. House Committee on Financial Services Chair Patrick McHenry delivered remarks on the House floor in support of H.J.Res. 109, a Congressional Review Act resolution that would overturn accounting guidance...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, February 8, 2024

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February 7, 2024- The U.S. Department of the Treasury published the 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing....more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, January 19 2024

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January 18, 2024- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "National Security Challenges: Outpacing China in Emerging Technology."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Saturday, April 22, 2023

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April 21, 2023- The Financial Stability Oversight Council (Council) voted unanimously to issue for public comment a proposed analytic framework for financial stability risks. The Council also voted unanimously to issue for...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, August 9, 2022

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August 8, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned virtual currency mixer Tornado Cash, which was used to launder more than $7 billion worth of virtual currency since its...more

ArentFox Schiff

Municipal VRDO Class Action Survives Banks’ Request for Dismissal

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Financial institutions should work with outside counsel to ensure that their internal policies and external actions minimize conduct that may violate state and Federal laws and regulations, and incentivize employees to reward...more

A&O Shearman

House Financial Services Committee Advances 13 Bills, Including Bills Directed at Financial Institution Regulatory Reform

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The US House Financial Services Committee announced that it had approved 13 bills, several of which were focused on regulatory reform for financial institutions. Representative Jeb Hensarling noted in an accompanying press...more

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