On January 30, 2020, the Federal Reserve Board, OCC, FDIC, SEC and CFTC (the Agencies) proposed amendments to the covered fund provisions of the Volcker Rule. The proposed amendments addr...
In a step forward for the digital transformation of banking and partnerships between banks and fintechs, the FDIC released proposed changes to its brokered deposit regulations in December...
The Financial Stability Oversight Council’s (FSOC) recently revised guidelines (the 2019 Guidelines) on how it will identify and address financial stability risks are a major shift from...
On December 10, 2019, the CFTC reopened the comment period for the proposed capital requirements for swap dealers and major swap participants that are not subject to the capital rules of ...
Financial services regulatory reform will continue to be active in 2020, with developments percolating in all three branches of government. As we observe the changing landscape, here is ...
The U.S. banking agencies have completed one of the most important steps towards rebalancing the U.S. bank regulatory framework since the Dodd-Frank Act was passed in the wake of the 2007...
The FDIC and the Federal Reserve Board have solicited public comment on the use of the Uniform Financial Institutions Rating System, more commonly known as CAMELS ratings. The release as...
The Federal Reserve has approved its long-awaited Final Rule amending and restating the 165(d) resolution planning rule. The FDIC is expected to soon approve an identical rule. The Final ...
On September 17, 2019, the Federal Deposit Insurance Corporation (the “FDIC”) published proposed amendments (the “Proposal”) to the U.S. prudential regulators’ (the “Agencies?...
The FDIC and the OCC approved final amendments to the original Volcker Rule regulations, which were first adopted in December 2013. The Federal Reserve, SEC and CFTC are expected to appr...
