Congress is considering enacting sweeping legislation that would ban large institutional investors from acquiring single-family homes. Although broad in scope, the proposal has important ...
Banking organizations must ensure that a tokenized security confers identical legal rights as its non-tokenized counterpart to qualify for the same capital treatment as the non-tokenized ...
The OCC finalized a rule clarifying that national trust banks may engage in non-fiduciary activities but left open the question of whether a national trust bank must engage in a minimum a...
The Office of the Comptroller of the Currency issued a notice of proposed rulemaking that would change its supervisory appeals process. We compare the OCC proposal with the recently final...
The OCC proposed a rule that would eliminate any uncertainty as to whether national trust banks can engage in non-fiduciary activities. If adopted, the proposal would align language in th...
Davis Polk partners David Portilla and Gabe Rosenberg authored “Digital assets, banking and regulation: 2026 policy outlook” in IFLR. In the article, the authors note that “2026 wil...
The Federal Reserve and FDIC took actions last week designed to facilitate crypto-related activities. The Federal Reserve rescinded its anti-crypto 2023 policy statement and replaced it w...
The OCC released new Bank Secrecy Act examination procedures to reduce regulatory burdens for community banks, continuing its efforts to streamline anti-money laundering compliance obliga...
The FDIC and OCC propose to codify safety and soundness and reputational risk. This update contains our key takeaways, views on immediate steps banks should consider and a summary of the ...