The Federal Reserve and FDIC (the Agencies) provided feedback on the U.S. resolution plans filed in July 2018 by four Foreign Banking Organizations – finding shortcomings in each, but a...
In the decade leading up to the 2008 financial crisis, de novo bank charters averaged more than 100 per year.[1] This robust flow of new bank charters continued a trend since the 1960s an...
The move away from a one-size-fits-all regulatory framework based on asset size continues.On October 31, the Federal Reserve proposed a rule to implement Section 401 of the Economic Growt...
The Federal Reserve has finalized a new supervisory ratings system for large financial institutions (LFIs). The new LFI rating system, which reflects the three core areas of focus in the...
After a several-year pause, the CFTC is again re-assessing its approach to cross-border regulation of swap activities. The CFTC’s current approach is embodied in various rulemakings, gu...
Financial services regulatory reform in 2018 continues to evolve. As we leave summer behind, here is the Fall Focus edition of our reference tool, which provides context and summarizes cu...
Today, the Federal Reserve and FDIC released the public sections of the 2018 165(d) resolution plans of Barclays, Credit Suisse, Deutsche Bank and UBS, which were due on July 1, 2018. Th...
On June 12, 2018, the CFTC published a notice of proposed rulemaking that would make permanent the $8 billion temporary swap dealer de minimis registration threshold currently in effect a...
Financial services regulatory reform in 2018 is complex and evolving. To assist in navigating this landscape, the Davis Polk Financial Institutions Group has prepared a reference tool tha...
The Federal Reserve last week released the results of its 2018 Comprehensive Capital Analysis and Review (CCAR). We have analyzed the 2018 CCAR results, along with the Dodd-Frank Act St...
