Davis Polk partner Dan Stipano was quoted in the Wall Street Journal discussing how a regulatory freeze imposed by the Biden administration could affect regulations proposed by the U.S. Treasury Department unit focused on combating money laundering and terrorist financing. Stipano noted that a freeze would give financial institutions and industry groups more time to study the proposed rules, submit feedback and figure out how to respond.

“Biden Regulatory Freeze Affects Some Proposed Anti-Money-Laundering Rules,” Wall Street Journal (January 27, 2021) (subscription required)

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