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5,617 results found

Article

Cadwalader Wickersham & Taft LLP | USA | 19 Jun 2020

Federal Reserve Publishes Uniform Fraud Classification Model for the Payments Industry

A Federal Reserve working group, made up of government and payments industry experts, developed a uniform fraud classification system to address…
Article

Hogan Lovells | USA | 8 Jun 2020

Coronavirus: The Hill and the Headlines - COVID-19 D.C. Update - June 8, 2020

Your guide to the latest Hill developments, news narratives, and media headlines provided by the Hogan Lovells Government Relations and Public Affairs…
Article

Holland & Hart LLP | USA | 6 May 2020

Federal Reserve's Main Street Lending Program offers Liquidity to Small and Medium-Sized Businesses

The Board of Governors of the Federal Reserve System (the Fed) recently released terms for its Main Street Lending Program (MSLP), a program…
Article

Bass, Berry & Sims PLC | USA | 4 May 2020

Main Street Lending Program 2.0 Expands Loan Options for Small and Mid-Sized Businesses, but Practical Accessibility of Program to Borrowers Remains Unclear

On April 9, the U.S. Treasury Department (Treasury) and Federal Reserve released initial details regarding the establishment of the Main Street…
Article

Ropes & Gray LLP | USA | 1 May 2020

Federal Reserve Announces Updated Terms of “Main Street Lending Program”

As previously described in a prior Alert on April 9, 2020, the Federal Reserve announced a “Main Street Lending Program,” which will make loans…
Article

Milbank LLP | USA | 28 Apr 2020

The Fed Goes Local: A Review of the Municipal Liquidity Facility

The Board of Governors of the Federal Reserve System (the “Federal Reserve”) has taken strong steps to support near-term liquidity in the nearly $4…
Article

Milbank LLP | USA | 24 Apr 2020

Downgraded: The Limited Scope of the Federal Reserve’s Corporate Credit Facilities

On April 9, 2020, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) issued revised term sheets for two facilities directed…
Article

Skadden Arps Slate Meagher & Flom LLP | USA | 15 Apr 2020

Financial Relief Under the CARES Act for US-Incorporated Subsidiaries of Foreign Companies

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, or Act) was signed into law. The Act provides much-needed…
Article

Kelley Drye & Warren LLP | USA | 15 Apr 2020

The Federal Reserve Launches $600 Billion Main Street Loan Programs: Loans to Small- and Medium-Sized Businesses

On Thursday, April 9, 2020, the Federal Reserve (the Fed) announced two Main Street Lending Facilities, one for new loans (Main Street New Loan…
Article

Skadden Arps Slate Meagher & Flom LLP | USA | 15 Apr 2020

Financial Relief Under the CARES Act for US-Incorporated Subsidiaries of Foreign Companies

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, or Act) was signed into law. The Act provides much-needed…
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