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 Financial Action Task Force released an updated version of its guidance on the application of its recommendations to virtual assets and virtual asset service providers on October 28, ...
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...
The Chinese authorities recently issued a notice regarding cryptocurrency activities, prohibiting (i) overseas cryptocurrency exchanges from servicing residents in mainland China and (ii)...
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.
