The New York DFS issued new guidance regarding a covered entity’s reliance on an affiliate’s cybersecurity program. The guidance explains DFS’s view that, when a covered entity reli...
The FSOC Climate Report views “climate-related financial risk as an emerging threat to the financial stability of the United States.” Here are our 10 key takeaways on a critical step ...
The Financial Stability Board this week published a final report recommending policy reforms to enhance the resilience of money market funds. Regulators in each country must now decide wh...
Federal banking regulators continue to signal their attention to banks’ relationships with third parties, and particularly with fintechs. We think that these developments should be of i...
The Federal Reserve, FDIC and OCC jointly issued a due diligence guide for community banks for assessing potential relationships with fintechs. Our client update examines the implication...
An enforcement action against an alternative data provider for misrepresenting its practices offers lessons both for trading firms that use alternative data and public companies that sell...
Financial services regulatory reform continues to be active in 2021, with the Biden Administration focused on activity at the intersection of financial regulation and social policy. As we...
The SEC has issued a broad request for information and public comment on the use of “digital engagement practices” and analytics technology by broker-dealers and investment advisers.
The SEC filed three enforcement actions against investment advisers and broker-dealers for cybersecurity deficiencies after the firms experienced incidents that exposed customer and clien...
The Group of Thirty (G30) has published a report analyzing weaknesses in the U.S. Treasury market and setting out recommendations designed to improve market resilience in periods of stress.
