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 The Federal Reserve rescinded its anti-crypto 2023 policy statement and replaced it w...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 ...
President Trump entered the White House in January 2025 promising to make the United States the “Crypto Capital of the World.” The federal agencies and Congress are responding with un...
The President has signed the bipartisan GENIUS Act – a landmark stablecoin bill – into law. Our client update breaks down the key provisions of the GENIUS Act and includes charts summ...
In a significant step towards modernizing Bank Secrecy Act compliance, FinCEN and the federal banking agencies are providing flexibility in “know your customer” requirements for banks.
Davis Polk partner and White Collar Defense & Investigations practice chair Neil MacBride, AML/CFT head Dan Stipano, partners Paul Marquardt and David Portilla and associate Josh Slifka a...
The Senate just passed the bipartisan GENIUS Act, a landmark stablecoin bill, by a 68-30 vote. Attention now turns to whether and how the House of Representatives will advance its version...
Davis Polk partner and Financial Institutions practice head Margaret Tahyar, partner David Portilla and counsel Dana Bayersdorfer authored “The state of play for Bank Merger Act applica...
Webinar
1.0 CA - General; NY - Professional Practice / Practice Management
Please join us as we unpack how the Trump administration’s policies will potentially impact financial institutions and how firms can manage an evolving compliance landscape. Topics incl...
