Worldwide: Finance and Banking

Federal banking regulators have issued new guidance addressing credit risks when lending to individuals not legally authorized to work in the United States, following a presidential executive order directing agencies to examine financial services extended to undocumented immigrants. The guidance emphasizes existing safety-and-soundness obligations while raising questions about how institutions should balance risk management with fair lending principles and access to mainstream credit.

On July 6, 2026, Delaware Governor Matt Meyer signed three bills modernizing the state’s regulation of banks, money transmitters, virtual currency businesses, and payment stablecoin issuers.

On June 23, Rhode Island Governor Dan McKee signed Senate Bill 3075, establishing capital, liquidity, corporate governance, audit, and risk-management requirements...