We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 195

The OCC Issues “Lessons Learned” Review of its Supervision of Sales Practices at Wells Fargo
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • April 21 2017

On April 19, 2017, the Office of the Comptroller of the Currency (“OCC”) released its “Lessons Learned Review of Supervision of Sales Practices at


Lessons Learned from the Wells Fargo Sales Practices Investigation Report
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • April 18 2017

On April 10, 2017, a committee of independent directors of Wells Fargo released a 110-page report on the results of an investigation into the root


Supreme Court Bars Use of Nonconsensual Priority-Violating Structured Dismissals
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • March 24 2017

On March 22, 2017, the United States Supreme Court held that bankruptcy courts cannot approve a “structured dismissal”a dismissal with special


The Regulatory and Enforcement Outlook for Financial Institutions in 2017: Trends in Sanctions, Anti-Money Laundering and Cybersecurity
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • February 22 2017

Economic sanctions, anti-money laundering and cybersecurity remain at the forefront of U.S. regulatory priorities. In this memorandum, we survey major


Second Circuit Holds that Trust Indenture Act 316(b) Prohibits Only Non-Consensual Amendments to Core Payment Terms of Bond Indentures
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • January 18 2017

On January 17, 2017, the Court of Appeals for the Second Circuit issued its long-anticipated opinion in Marblegate Asset Management, LLC v. Education


Reported Foreign Exchange Restrictions in China Affect Outward Remittances
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • China
  • December 20 2016

In late November and early December 2016, Chinese and international media reported on enhanced enforcement of outbound investment and foreign exchange


The CFPB Issues Guidance on Effective Compliance Oversight Over Sales and Other Incentives
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • December 1 2016

On November 28, 2016, the Consumer Financial Protection Bureau issued a compliance bulletin entitled "Detecting and Preventing Consumer Harm from


Deutsche Investment Management Americas Obtains Appellate Dismissal of CDO-Related Lawsuit
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • November 4 2016

In a victory for Paul, Weiss client Deutsche Investment Management Americas Inc. (DIMA) on November 3, the New York Supreme Court, Appellate Division


Federal Banking Agencies Issue Advanced Notice of Proposed Rulemaking on Enhanced Cybersecurity Standards - Enhanced Standards Would Require Certain Large Financial Institutions to Implement Policies and Procedures to Prevent, Contain, and Quickly Recover from Cyberattacks
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • October 21 2016

On October 19, the Federal Reserve Board ("Board"), the Federal Deposit Insurance Corporation ("FDIC"), and the Office of the Comptroller of the


D.C. Circuit Rules the Single-Director Structure of the CFPB Is Unconstitutional - The Implications for the CFPB on the Eve of a Presidential Election
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • USA
  • October 13 2016

On October 11, 2016, the D.C. Circuit Court of Appeals held in PHH Corp.v. CFPB that the structure of the Consumer Financial Protection Bureau