The Economic and Financial Affairs Council of the European Union (the "Council") has continued to strengthen the anti-money laundering and terrorist
On November 9, Anthony Albanese, Acting Superintendent of the New York Department of Financial Services (the NYDFS), sent a letter to the 18 members
On February 9, the New York Department of Financial Services (DFS) released aReport on Cyber Security in the Insurance Sector (Report), summarizing
Companies in the financial services industry are being targeted in lawsuits brought under the Telephone Consumer Protection Act (TCPA)
On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (Act) into Law.
The wait for financial regulatory reform legislation is over.
One year after being proposed by the Obama Administration and after months of negotiation, which ended in an all-night conference session of key legislators, a final version of financial regulatory reform legislation has been produced.
The current global financial crisis, government bailouts and the ensuing contraction of the credit markets have led to calls for increased regulation and government oversight of Wall Street.
Months of tortuous debate have come to an end as the U.S. Senate passed its version of financial regulatory reform on May 20, 2010.
There never was much doubt that the regulatory reform legislation being considered in the wake of the recent financial meltdown would change the way in which the over-the-counter (OTC) derivatives business is conducted going forward.