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Paul Hastings LLP | USA | 29 Nov 2023

Daily Financial Regulation Update -- Wednesday, November 29, 2023

The U.S. House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing entitled…
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Paul Hastings LLP | USA | 28 Nov 2023

Daily Financial Regulation Update -- Tuesday, November 28, 2023

The Federal Reserve Board announced technical details related to reserve requirements for depository institutions, which will remain zero for 202…
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Morrison & Foerster LLP | USA | 28 Nov 2023

CFPB Issues Proposal to Regulate Large Digital Wallet and Payment App Providers

On November 7, 2023, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule to supervise large providers of digital wallets and…
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Paul Hastings LLP | European Union, United Kingdom, USA | 27 Nov 2023

Daily Financial Regulation Update -- Monday, November 27, 2023

The Federal Reserve Bank of New York published a staff report entitled, "Fed Transparency and Policy Expectation Errors: A Text Analysis Approach."…
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Paul Hastings LLP | European Union, United Kingdom, USA | 23 Nov 2023

Daily Financial Regulation Update -- Thursday, November 23, 2023

The Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency announced that they will extend until…
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Paul Hastings LLP | European Union, United Kingdom, USA | 22 Nov 2023

Daily Financial Regulation Update -- Wednesday, November 22, 2023

The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and IRS…
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McDermott Will & Emery | USA | 22 Nov 2023

SBA PPP Loan Concerns Linger for Small Businesses

Many small businesses continue to face uncertainty over whether the Small Business Administration (SBA) will grant forgiveness of their Paycheck…
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Paul Hastings LLP | European Union, USA | 21 Nov 2023

Daily Financial Regulation Update -- Tuesday, November 21, 2023

California Department of Financial Protection and Innovation DFPI Releases First Invitation for Comment for the Digital Financial Assets Law November…
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Paul Hastings LLP | European Union, United Kingdom, USA | 18 Nov 2023

Daily Financial Regulation Update -- Saturday, November 18, 2023

The Federal Deposit Insurance Corporation Board of Directors approved a final rule to implement a special assessment to recover the loss to the…
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Paul Hastings LLP | European Union, United Kingdom, USA | 17 Nov 2023

Daily Financial Regulation Update -- Friday, November 17, 2023

The Financial Crimes Enforcement Network (FinCEN) has updated its Beneficial Ownership Information FAQs to include new questions about the reporting…
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