United States: Finance and Banking

The U.S. Court of Appeals for the Seventh Circuit issued a highly significant order on May 8, 2026 in the closely watched litigation challenging the Illinois Interchange Fee Prohibition Act (“IFPA”)...

In March 2026, U.S. banking regulators released a comprehensive set of proposals to recalibrate capital requirements for banking organizations of all sizes, marking a significant shift from their 2023 approach. These proposals aim to enhance risk sensitivity, reduce complexity, and produce more moderate capital impacts while improving the competitive position of U.S. banks relative to their international peers. The proposals include implementing final Basel III standards for the largest banks, revising the

On April 7, 2026, the Federal Deposit Insurance Corporation (FDIC) issued a notice of proposed rulemaking (the Proposal) to implement key provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the GENIUS Act) applicable to FDIC-supervised institutions, including permitted payment stablecoin issuers (PPSIs) and insured depository institutions (IDIs) engaged in related custodial or safekeeping services

In the final episode of our Debt Sales 101 mini-series, we focus on what happens after a debt sale closes and how sellers manage ongoing compliance, oversight, and risk.

In the final episode of our Debt Sales 101 mini-series, we focus on what happens after a debt sale closes and how sellers manage ongoing compliance, oversight, and risk.

Frequent debt issuers rely on medium-term note programs (“MTNs”) to offer their securities quickly in response to market opportunities. Some issuers may issue 20 or more notes a day at certain points in their monthly marketing cycle. Are there limitations on the aggregate principal amount of notes that can be issued under these MTN programs?

The NAIC Life Risk-Based Capital Working Group has voted to reduce the RBC factor for life insurers investing in performing residential mortgage loans through unaffiliated joint ventures, partnerships, or LLCs from 1.75% to 0.68%.

How are regulatory pressures, technological innovation, and market consolidation transforming the mortgage servicing industry? Industry leaders explore the shift from cost-driven outsourcing to expertise-focused partnerships...

In Washington State, when a property owner defaults on a loan secured by a deed of trust, the beneficiary under the deed of trust has many options for enforcement, including, but not limited...

Year-end reporting in private equity directly affects valuation integrity, investor confidence, and transaction readiness. This comprehensive guide examines how sponsors, fund CFOs, and portfolio company leaders can strengthen financial controls, address technical accounting complexities, and build scalable reporting infrastructure. Early focus on these critical areas reduces reporting friction and positions organizations for smoother audits and enhanced limited partner communications.

On April 30, 2026, President Trump signed an Executive Order (EO) titled “Promoting Efficiency, Accountability, and Performance in Federal Contracting,” directing executive branch agencies to make fixed-price contracts the default and preferred method of federal procurement. But the EO not only establishes a priority for fixed-price contracts; it mandates renegotiation of the 10 largest existing cost-type contracts at each agency within 90 days.

Following a $2.25 million settlement between the New York Department of Financial Services and Delta Dental over cybersecurity violations stemming from a 2023 data breach...