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Kramer Levin Naftalis & Frankel LLP | USA | 23 Mar 2020
On March 20, Sen. Elizabeth Warren, D-Mass., disclosed to certain news outlets that she had sent a letter, dated March 19, to Steven T. Mnuchin…
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DLA Piper | USA | 23 Jan 2020
This regular publication from DLA Piper focuses on helping banking and financial services clients navigate the ever-changing federal regulatory…
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Kramer Levin Naftalis & Frankel LLP | USA | 9 May 2019
On May 6, 2019, the Board of Governors of the Federal Reserve System (the Board) published its annual Financial Stability Report. The Financial…
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Kramer Levin Naftalis & Frankel LLP | USA | 12 Apr 2019
In an April 11 letter to Treasury Secretary Mnuchin, in his capacity as chair of the Financial Stability Oversight Council (FSOC), U.S. Sen. Sherrod…
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King & Spalding LLP | USA | 13 Mar 2019
In a response to the difficulties it experienced in identifying nonbank systemically important entities, the Financial Stability Oversight Council…
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Covington & Burling LLP | USA | 13 Mar 2019
On March 6, 2019, the Financial Stability Oversight Council ("FSOC") voted unanimously to issue proposed interpretive guidance ("Proposed Guidance")…
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DLA Piper | USA | 22 Oct 2018
The Bank Policy Institute, on behalf of 50 of the largest banks operating in the US, has called on Treasury Secretary Mnuchin to work within the FSOC…
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Mayer Brown | USA | 4 Sep 2018
Regardless of whether its recommendations are achievable in whole or in part or merely aspirational, the US Department of Treasury’s (“Treasury”)…
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Shearman & Sterling LLP | European Union, United Kingdom, USA | 1 Aug 2018
On July 23, 2018, the U.K.’s Government Department for Business, Energy & Industrial Strategy launched a consultation on a draft Bill that would…
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Fried Frank Harris Shriver & Jacobson LLP | USA | 23 Jul 2018
On July 17, 2018, the Financial Stability Oversight Council ("FSOC") issued a proposed decision that would, if finalized, approve a transaction (the…