United States: Compliance

The Federal Deposit Insurance Corporation is exploring the creation of a Banking Industry Standards Development Organization (BISDO) to establish uniform standards for third-party service providers partnering with banks. This initiative could fundamentally reshape how banks and fintech companies structure their relationships, moving beyond traditional supervision toward industry-wide standardization.

Collective investment trusts offer retirement plan investors significant cost savings and expanded investment choice through institutional oversight, yet recent criticism has questioned their transparency...

The Trump administration intensifies its "maximum pressure" campaign against Iran with new economic measures targeting financial systems and oil sectors, while questions emerge about the 17-month pause in Russia...

A new DHS rule eliminates duration of status for F-1, J-1, and I visa holders starting September 15, 2026, replacing open-ended stays with fixed expiration dates. How will this fundamental shift affect students, scholars, physicians, and their sponsoring institutions, and what steps should they take now to prepare for compliance under the new system?

2026年8月4日，路透社独家报道称，美国联邦通信委员会（FCC）正在酝酿禁止进口新型号光模块，理由是相关产品危及人工智能数据中心的数据安全和服务连续性。

The SEC's recent interpretive guidance confirms that certain data center securitizations fall outside the definition of "asset-backed security" under the Securities Exchange Act, removing several ABS-specific regulatory requirements. This analysis explores the practical implications for risk retention, investor protections, existing master trust platforms, and the future structuring of data center financings in light of this regulatory shift.

Illinois has joined a growing number of states that are expanding fair lending obligations at the state level even as the federal government moves in the opposite direction. On July 31, 2026, SB 3777 became Public Act 104-0744, amending the Illinois Human Rights Act (Act) to prohibit not only intentional discrimination in lending and credit card issuance, but also the use of facially neutral underwriting criteria or methodologies that produce discriminatory effects.

The National Fair Housing Alliance (“NFHA”) and three other plaintiffs have amended their lawsuit challenging the CFPB’s recently issued amendments to Regulation B under the Equal Credit Opportunity Act (“ECOA”).

FinCEN has issued a final rule permanently narrowing beneficial ownership information reporting requirements under the Corporate Transparency Act, exempting all domestic reporting companies and U.S. persons while retaining obligations only for foreign reporting companies with non-U.S. beneficial owners. The rule takes effect immediately and includes deletion of previously reported BOI data for domestic entities and U.S. persons, though critics warn this rollback may undermine law enforcement efforts to comb