Mondaq USA: Finance and Banking
Shearman & Sterling LLP
On April 7, 2016, the ESMA published a peer review report on compliance with the suitability requirements under the existing Markets in Financial Instruments Directive.
Orrick
On April 22, 2016, the European Banking Authority published a call for advice it had received from the European Commission regarding revisions to the own fund requirement for market risk as part of the CRR review.
Orrick
On April 20, 2016, the European Central Bank (ECB) published an opinion on a proposal for a regulation amending Regulation (EU) No. 8.6/2014 in order to establish a European Deposit Insurance Scheme (EDIS).
Holland & Knight
Direct lending by banks has proliferated in the $3.7 trillion municipal bond market as states, local governments and non-profits find that they can borrow, in the form of direct loans...
Morrison & Foerster LLP
On April 21, 2016, the CFPB reopened the comment period on a narrow portion of its December 15, 2014 notice of proposed rulemaking (the "NPR"), which would amend the mortgage servicing rules in Regulation X and Regulation Z.
Morrison & Foerster LLP
The Proposed Rule aims to promote the stability of banking organizations covered by the Proposed Rule and across the U.S. financial sector...
Shearman & Sterling LLP
On March 16 2016 the Commodity Futures Trading Commission (CFTC) approved a final rule that removes certain reporting and record-keeping requirements for trade option counterparties...
Morrison & Foerster LLP
On April 18, 2016, the Financial Stability Oversight Council (FSOC) again warned that asset managers present systemic risk to financial stability in five key areas...
Proskauer Rose LLP
The SEC's regulatory strategy can be described as an attempt to create "community standards" for the private funds industry.
Cadwalader, Wickersham & Taft LLP
The MFA, SIFMA, ICI, FIA and the FIA Principal Traders Group and commented on a U.S. Treasury Department request for information about the regulation of the U.S. Treasury market.
Cadwalader, Wickersham & Taft LLP
The Managed Funds Association made recommendations on how amendments proposed by the European Commission concerning commodity derivative position limits could most effectively be incorporated into the European Securities Market Authority MiFID II Regulatory Technical Standards.
Cadwalader, Wickersham & Taft LLP
The U.S. Court of Appeals for the Seventh Circuit ordered a judgment of acquittal for a convicted former bank employee charged with wire fraud.
Cadwalader, Wickersham & Taft LLP
SIFMA's Asset Management Group submitted comments in response to the Organization for Economic Cooperation and Development recent discussion draft on the treaty entitlement of non-Collective Investment Vehicle funds.
Mayer Brown
The report recommends Congress consider granting the FHFA the authority to examine nonbank mortgage servicers.
Holland & Knight
In 2015, the CFPB issued a CID to ACICS, an accreditor of for-profit colleges. The stated purpose of the CID was to investigate whether any entity has or is violating federal consumer protection laws...
Cadwalader, Wickersham & Taft LLP
The CFTC Market Risk Advisory Committee debated how well derivative markets are functioning for end-users, specifically, how effectively end-users and other market participants...
Shearman & Sterling LLP
Neither agency found that Citigroup's resolution plan was not credible, although the agencies did identify certain shortcomings that Citigroup must address.
Shearman & Sterling LLP
On April 18, 2016, the US Financial Stability Oversight Council issued an update on its multi-year review of potential financial stability risks in the asset management industry.
Troutman Sanders LLP
On April 13, the House Financial Services Committee approved a bill by a 33-20 vote that is intended to end direct funding of the CFPB by the Federal Reserve...
Morrison & Foerster LLP
On April 21, 2016, the National Credit Union Administration approved a proposed rule on incentive compensation under Section 956 of the Dodd-Frank Act.
Latest Video
Most Popular Recent Articles
Stites & Harbison PLLC
Colorado has legalized marijuana for medical and recreational use.
Littler Mendelson
The Department of Labor (DOL) has issued a final rule to re-define who is rendered a "fiduciary" of an employee benefit plan under the Employee Retirement Income Security Act...
Hughes Hubbard & Reed LLP
The FDIC's Winter 2016 edition of its Consumer News publication focuses on how consumers, banks, and regulators can prevent online fraud and theft.
Shearman & Sterling LLP
In the wake of continuing low commodity prices, including in respect of oil and natural gas, it is reasonable to anticipate that energy project development could slow in the U.S. in 2016.
Shearman & Sterling LLP
On March 21, 2016, the US Board of Governors of the Federal Reserve System released letters, each dated February 18, 2016, to eight foreign banking organizations...
Ropes & Gray LLP
On March 7, the FTC announced a study of Payment Card Industry Data Security Standard assessments – the audits required of certain merchants pursuant to rules imposed by payment card brands such as Visa and MasterCard.
Reed Smith
On March 31, 2016, the Office of the Comptroller of the Currency ("OCC") issued its much-anticipated white paper on the growing intersection between financial services and technology, or "FinTech."
Dentons (US)
The proposed Department of Treasury regulations (REG-115452-14) under IRC section 707(a)(2)(A) set forth standards to determine when a payment arrangement to a partner shall be treated as disguised compensation.
Proskauer Rose LLP
On April 6, 2015, the U.S. Department of Labor issued its highly anticipated final rule addressing when a person is considered to be a fiduciary under ERISA and the Internal Revenue Code.
Mayer Brown
The structure of the Consumer Financial Protection Bureau (CFPB), which is headed by a single director who is removable only for cause, has been the subject of criticism and attack since the agency's inception.
Article Search Using Filters
Related Topics
Mondaq Advice Center (MACs)
Popular Authors
Popular Contributors
Tools
Font Size:
Translation
Channels
Mondaq on Twitter
Partners
In association with