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Buckley LLP | USA | 12 May 2022

SBA says 501(c)(3) nonprofit lenders are eligible for PPP loan forgiveness

On May 5, the SBA added question #70 to its Paycheck Protection Program (PPP) frequently asked questions explaining that 501(c)(3) nonprofit lenders…
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Paul Hastings LLP | European Union, United Kingdom, USA | 12 May 2022

Daily Financial Regulation Update -- Thursday, May 12, 2022

The U.S. House Committee on Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets held a hearing entitled, "A…
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Paul Hastings LLP | European Union, United Kingdom, USA | 11 May 2022

Daily Financial Regulation Update -- Wednesday, May 11, 2022

The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Financial Stability Oversight Council Annual Re…
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Paul Hastings LLP | European Union, United Kingdom, USA | 10 May 2022

Daily Financial Regulation Update -- Tuesday, May 10, 2022

The Federal Reserve Board released the April 2022 Senior Loan Officer Opinion Survey on Bank Lending Practices…
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Venable LLP | USA | 9 May 2022

Nonprofits Affected by COVID-19 in 2020 or 2021 Can Still Claim Tax Credits

While many nonprofits have already taken advantage of the opportunities available to them under the Coronavirus Aid, Relief, and Economic Security…
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Paul Hastings LLP | European Union, United Kingdom, USA | 9 May 2022

Daily Financial Regulation Update -- Monday, May 9, 2022

The U.S. Department of the Treasury's Office of Foreign Assets Control designated individuals and entities critical to Russia's ability to wage war…
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Venable LLP | USA | 6 May 2022

Employee Retention Credit for Independent Schools

Under the CARES Act and subsequent COVID-19 legislation, independent schools may be eligible for the Employee Retention Credit (ERC), a refundable…
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Paul Hastings LLP | European Union, United Kingdom, USA | 6 May 2022

Daily Financial Regulation Update -- Saturday, May 6, 2022

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned virtual currency mixer Blender.io, which is used by the Dem…
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Paul Hastings LLP | European Union, United Kingdom, USA | 5 May 2022

Daily Financial Regulation Update -- Thursday, May 5, 2022

The Federal Open Market Committee issued a statement along with a document entitled, "Plans for Reducing the Size of the Federal Reserve's Balance…
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Paul Hastings LLP | European Union, United Kingdom, USA | 4 May 2022

Daily Financial Regulation Update -- Wednesday, May 4, 2022

Treasury's Counselor for Racial Equity Janis Bowdler gave remarks at the 2022 Inclusiv Annual Conference…
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