Updated in response to an increase in ransomware attacks against critical infrastructure, the revised advisory identifies new trends, typologies and indicators of ransomware payments and ...
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 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...
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 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.
The CFTC and FinCEN recently announced a settlement with BitMEX for $100 million to resolve an enforcement action related to the exchange’s failure to register as a futures commission m...
Financial services regulatory reform will continue to be active in 2021, with the Biden Administration focused on activity at the intersection of financial regulation and social policy. ...
