FDIC has revamped its IDI Rule resulting in major changes in the resolution submissions for covered banks. Our visual memo, linked below, summarizes key components of the final rule and p...
Davis Polk partner and Financial Institutions practice head Margaret Tahyar authored “The supercycle: Where regional bank boards should focus” in Starling’s 2024 Compendium. In the ...
In a unanimous decision, the Supreme Court held the NRA plausibly alleged that former DFS Commissioner Maria Vullo coerced DFS-regulated entities into cutting ties with the NRA based sole...
The Officer of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC) and the Federal Housing Finance Agency (FHFA) have re-proposed the same rule from 20...
On April 23, 2024, the Federal Trade Commission finalized its rule banning almost all non-competes in employment agreements. The final rule includes limited exceptions for existing non-c...
The courts rejected arguments that the Federal Reserve Banks are required to grant master accounts to all legally eligible depository institutions. We analyze the rulings and their broade...
This update analyzes comments that the FDIC received from a wide range of stakeholders on its corporate governance proposal. Not surprisingly, commenters are overwhelmingly opposed.
Changes from the proposal include elimination of Scope 3 disclosures, scaled back attestation requirements, additional materiality qualifiers and narrower financial statement triggers. Gi...
