Practice Mobile Menu Trigger Overview Experience Team Insights Subscribe to insights Featured insights June 24, 2024 Client Update FDIC revamps IDI resolution planning FDIC has revamped its IDI Rule resulting in major changes in the resolution submissions for covered banks. Our visual memo... June 10, 2024 Client Update Supervisory threats can violate the First Amendment In a unanimous decision, the Supreme Court held the NRA plausibly alleged that former DFS Commissioner Maria Vullo coerced... May 23, 2024 Client Update Treasury releases 2024 national illicit finance strategy The U.S. Treasury Department released its 2024 national illicit finance strategy, which outlines the U.S. government’s g... April 9, 2024 Client Update Strict liability for bank leadership: Unnecessary and unwise The clawback provision in the proposed RECOUP Act is unnecessary and unwise, and not supported by historical precedent. March 25, 2024 Client Update Key takeaways from the FDIC’s proposed statement of policy on bank mergers The FDIC’s proposal would lead to significant change in bank M&A. March 13, 2024 Client Update FDIC corporate governance proposal: Comment letter analysis This update analyzes comments that the FDIC received from a wide range of stakeholders on its corporate governance proposa... See more insights February 1, 2022 Client Update Climate Regulatory Reform and the U.S. Financial Services Sector Addressing climate change is one of the highest priorities of the Biden administration, and the pace of policy development... January 31, 2022 Client Update FinCEN releases proposed rule on suspicious activity report sharing pilot program FinCEN’s proposed rule establishes the framework for a limited-duration pilot program that would allow financial institu... January 31, 2022 Client Update The Federal Reserve starts a U.S. CBDC discussion The Federal Reserve released a paper to start a public discussion on the pros and cons of a potential U.S. central bank di... December 21, 2021 Client Update FinCEN requests comments on modernization of AML/CFT framework FinCEN is seeking feedback on ways to modernize regulations and guidance on anti-money laundering and countering the finan... December 17, 2021 Client Update Preparing your 2021 Form 20-F This client update highlights some considerations for the preparation of your 2021 annual report on Form 20-F. As in previ... December 15, 2021 Client Update Biden administration releases U.S. Strategy on Countering Corruption report The Biden administration issued the first United States Strategy on Countering Corruption on December 6, 2021, as directed... December 14, 2021 Client Update FinCEN releases proposed rule on beneficial ownership FinCEN’s proposed rule addresses requirements for reporting companies to submit their beneficial ownership and company a... November 12, 2021 Client Update FinCEN updates its ransomware advisory for financial institutions Updated in response to an increase in ransomware attacks against critical infrastructure, the revised advisory identifies ... November 12, 2021 Client Update U.S. regulators speak on stablecoin and crypto regulation A recent PWG Report on stablecoins and statements by U.S. financial regulators suggest near-term enforcement focus and lon... November 3, 2021 Client Update New York DFS issues guidance for adoption of affiliates’ cybersecurity programs The New York DFS issued new guidance regarding a covered entity’s reliance on an affiliate’s cybersecurity program. Th... Load More
June 24, 2024 Client Update FDIC revamps IDI resolution planning FDIC has revamped its IDI Rule resulting in major changes in the resolution submissions for covered banks. Our visual memo...
June 10, 2024 Client Update Supervisory threats can violate the First Amendment In a unanimous decision, the Supreme Court held the NRA plausibly alleged that former DFS Commissioner Maria Vullo coerced...
May 23, 2024 Client Update Treasury releases 2024 national illicit finance strategy The U.S. Treasury Department released its 2024 national illicit finance strategy, which outlines the U.S. government’s g...
April 9, 2024 Client Update Strict liability for bank leadership: Unnecessary and unwise The clawback provision in the proposed RECOUP Act is unnecessary and unwise, and not supported by historical precedent.
March 25, 2024 Client Update Key takeaways from the FDIC’s proposed statement of policy on bank mergers The FDIC’s proposal would lead to significant change in bank M&A.
March 13, 2024 Client Update FDIC corporate governance proposal: Comment letter analysis This update analyzes comments that the FDIC received from a wide range of stakeholders on its corporate governance proposa...
February 1, 2022 Client Update Climate Regulatory Reform and the U.S. Financial Services Sector Addressing climate change is one of the highest priorities of the Biden administration, and the pace of policy development...
January 31, 2022 Client Update FinCEN releases proposed rule on suspicious activity report sharing pilot program FinCEN’s proposed rule establishes the framework for a limited-duration pilot program that would allow financial institu...
January 31, 2022 Client Update The Federal Reserve starts a U.S. CBDC discussion The Federal Reserve released a paper to start a public discussion on the pros and cons of a potential U.S. central bank di...
December 21, 2021 Client Update FinCEN requests comments on modernization of AML/CFT framework FinCEN is seeking feedback on ways to modernize regulations and guidance on anti-money laundering and countering the finan...
December 17, 2021 Client Update Preparing your 2021 Form 20-F This client update highlights some considerations for the preparation of your 2021 annual report on Form 20-F. As in previ...
December 15, 2021 Client Update Biden administration releases U.S. Strategy on Countering Corruption report The Biden administration issued the first United States Strategy on Countering Corruption on December 6, 2021, as directed...
December 14, 2021 Client Update FinCEN releases proposed rule on beneficial ownership FinCEN’s proposed rule addresses requirements for reporting companies to submit their beneficial ownership and company a...
November 12, 2021 Client Update FinCEN updates its ransomware advisory for financial institutions Updated in response to an increase in ransomware attacks against critical infrastructure, the revised advisory identifies ...
November 12, 2021 Client Update U.S. regulators speak on stablecoin and crypto regulation A recent PWG Report on stablecoins and statements by U.S. financial regulators suggest near-term enforcement focus and lon...
November 3, 2021 Client Update New York DFS issues guidance for adoption of affiliates’ cybersecurity programs The New York DFS issued new guidance regarding a covered entity’s reliance on an affiliate’s cybersecurity program. Th...