The Financial Stability Oversight Council recently approved a proposed rule and guidance setting out the metrics and process it would use to designate a nonbank financial company as syste...
Yesterday, the Federal Reserve, FDIC and OCC released proposed regulations implementing the Volcker Rule.The Dodd-Frank Act requires these three agencies and the SEC and the CFTC to consu...
Yesterday, the Federal Reserve, FDIC and OCC released proposed regulations implementing the Volcker Rule.The Dodd-Frank Act requires these three agencies and the SEC and the CFTC to consu...
On Wednesday, October 5, the American Banker made public a September 30 draft of the imminent interagency release on the Volcker Rule. Although the leaked draft includes the rulemaking re...
Davis Polk is pleased to present the October Dodd-Frank Progress Report. This month, rules meeting three Dodd-Frank requirements were finalized, including the FDIC’s Joint Final Rule on...
The release of two rules on resolution planning by the FDIC last week means that the basic contours of the U.S. regulatory framework for resolution plans are now known. On September 13, 2...
On August 12, 2011, the Board of Governors of the Federal Reserve System (the “Board”) issued an interim final rule setting forth the Board’s regulations for savings and loan holdin...
Davis Polk is pleased to present the September Dodd-Frank Progress Report. This month, rules meeting 9 Dodd-Frank requirements were finalized and rules meeting 3 requirements were propose...
Existing supervisors, as well as the new institutions that the Dodd-Frank Act created, collect and aggregate an unprecedented amount of commercially sensitive financial information. Altho...
As a result of the various capital reforms arising out of the recent financial crisis, there has been increasing interest by non-US banks to issue contingent convertible instruments (“C...
