2,808 results found
Freshfields Bruckhaus Deringer | Global | 20 Dec 2021
Regulating the metaverse - a day in the life
My flying unicorn broke down this morning, so I’m late for work at the meta-Financial Services Authority ("meta-FSA"). Normally my boss (avatar: a…
Lexology PRO | Asia-Pacific, Australia, Canada, etc. | 17 Nov 2021
Consumer protection: key risks for the financial services sector
The US CFPB requests information on payment systems from BigTech, the UK consults on consumer protection for buy-now pay-later products, and the Better Advice Act enters into force in Australia – plus other key updates.
DLA Piper | USA | 16 Nov 2021
IRS increases 2022 flexible spending and transportation benefit plan limits: two short charts
The Internal Revenue Service (IRS) recently announced 2022 increases to the health flexible spending account (FSA) contribution limit and the…
Herbert Smith Freehills LLP | European Union, United Kingdom | 28 Oct 2021
PRA Seeks to Clarify Meaning of ‘Insurance Holding Company’
The PRA is proposing to introduce a new definition of ‘insurance holding company’ into its rulebook (CP17/21). The change means that some companies…
Orrick, Herrington & Sutcliffe LLP | USA | 20 Oct 2021
Education Dept. increases standards for student loan servicers
On October 15, the Department of Education announced revised standards for its student loan servicers effective early next year. The six identified…
Orrick, Herrington & Sutcliffe LLP | USA | 13 Oct 2021
Education Dept. creates enforcement office
On October 8, the Department of Education announced the creation of the Office of Enforcement within Federal Student Aid (FSA), which is designed to…
Herbert Smith Freehills LLP | United Kingdom | 8 Sep 2021
The UK’s LIBOR safe harbour legislation: a missed opportunity?
The Critical Benchmarks (References and Administrators’ Liability) Bill (Bill) was today introduced to the UK Parliament and the first reading took…
Bird & Bird LLP | Denmark | 28 Jun 2021
Vejledning til outsourcingbekendtgørelsen udgivet - her er, hvad du skal vide
Reglerne for outsourcing er blevet udbygget betydeligt over de seneste år og senest har Finanstilsynet udgivet den endelige vejledning til…
Herbert Smith Freehills LLP | United Kingdom | 11 Jun 2021
High Court summarily dismisses alleged LIBOR fraudulent misrepresentation claim on the basis that it is time-barred
The High Court has granted summary judgment in favour of two banks, in connection with an alleged interest rate hedging products (IRHP) mis-selling…
Herbert Smith Freehills LLP | United Kingdom | 9 Jun 2021
Supreme Court confirms that, where cause of action accrues at midnight, the following day is included for limitation purposes
The Supreme Court has unanimously held that where a cause of action accrues at midnight (a “midnight deadline case”) the following day will count…
