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  • Article

    FDIC Announces Interim Rule To Expand TLGP To Include Certain Issuances Of Mandatory Convertible Debt

    On February 27, 2009, the Federal Deposit Insurance Corporation issued an interim rule to extend the Temporary Liquidity Guarantee Program to include issuances of certain mandatory convertible debt.
    United StatesFinance and Banking
    Sidley Austin LLP
    Sidley Austin LLP
  • Article

    FDIC Announces Interim Rule To Extend Its Temporary Liquidity Guarantee Program

    On March 17, 2009, the Federal Deposit Insurance Corporation issued an interim rule which extends its Temporary Liquidity Guarantee Program from June 30, 2009 to October 31, 2009 for all insured depository institutions participating in the debt guarantee program of the TLGP and other participating entities; however other participating entities that have not issued senior unsecured debt guaranteed by the FDIC under the TLGP.
    United StatesFinance and Banking
Sidley Austin LLP
Sidley Austin LLP
  • Article

    FDIC Chair Speaks On Risks Of Nonbank Financial Institutions Resolution Of Large Regional Banks

    On Wednesday, Federal Deposit Insurance Corporation ("FDIC") Chair Martin Gruenberg gave remarks to the Exchequer Club of Washington on the financial stability risks of nonbank financial institutions.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Federal Reserve Board Issues Final Rule On Capital Planning And Stress Testing

    The Federal Reserve Board issued a final rule modifying the regulations for capital planning and stress testing, and released summary instructions and guidance.
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Federal Reserve Board Releases Results Of Supervisory Bank Stress Tests

    On June 22, 2017, the Federal Reserve Board released the results of its annual supervisory stress tests conducted on 34 bank holding companies. According to the results, the nation's largest bank holding...
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Federal Reserve Governor Daniel Tarullo Reconsiders The Volcker Rule

    In his parting speech as a member of the Board of Governors of the Federal Reserve System, Governor Daniel K. Tarullo asserted "that strong capital requirements are central to a safe and stable financial system."
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Financial Stability Plan Update

    On Tuesday, February 10, 2009, Secretary of the Treasury Timothy Geithner outlined the six-point Financial Stability Plan (FSP), pursuant to which the Department of the Treasury, in cooperation with Federal Reserve, the FDIC, the Office of Thrift Supervision and the Office of the Comptroller of the Currency, hopes to bring stability to the U.S. credit markets.
    United StatesFinance and Banking
    Sidley Austin LLP
    Sidley Austin LLP
  • Article

    OFAC Strengthens Iranian Embargo By Revoking Authorization Of “U-Turn” Transactions

    On November 10, 2008, the Office of Foreign Assets Control (“OFAC”) of the U.S. Treasury Department amended the Iranian Transactions Regulations, 31 C.F.R. Part 560 (the “ITR”) to strengthen the U.S. embargo against Iran by prohibiting U.S. financial institutions from engaging in “U-turn” transactions.
    United StatesFinance and Banking
    Morrison Foerster
    Morrison Foerster
  • Article

    Reg. Tracker: January 16 To January 31 2019

    The Cabinet Regulatory Tracker is a list of upcoming comment deadlines and effective dates.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Regulatory Relief For Foreign Banks In The Choice Act

    Just yesterday, the House of Representatives passed a version of a new banking bill (the "Choice Act").
    United StatesFinance and Banking
    Sullivan & Worcester
    Sullivan & Worcester
  • Article

    SEC Adopts Final Rules On Fund Reporting, Liquidity Risk Management Programs And Swing Pricing (With Delta Strategy Group Summary)

    The SEC voted to adopt rule changes under the Investment Company Act that (i) expand the required reporting and disclosure of information by registered investment companies...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Summary Of Temporary Liquidity Guarantee Program Interim Rule

    On October 23, 2008, the Federal Deposit Insurance Corporation (“FDIC”) issued an interim rule (the “Rule”) relating to the Temporary Liquidity Guarantee Program (“TLGP”) that the FDIC announced on October 14, 2008.
    United StatesFinance and Banking
    Sidley Austin LLP
    Sidley Austin LLP
  • Article

    Trading Firm Settles NYSE Arca Charges For Net Capital Calculation Violations

    A trading firm settled NYSE Arca charges for incorrectly calculating net capital.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Treasury Meets With ABA To Discuss CPP Requirements For Non-Public Banks And S Corporations

    On October 28, representatives of the American Bankers Association met with senior U.S. Treasury Department officials to discuss Treasury's voluntary Capital Purchase Program.
    United StatesFinance and Banking
    Bracewell LLP
    Bracewell LLP
  • Article

    Treasury Releases Information On Public- Private Investment Program

    On March 23, 2009, the Department of the Treasury released more information regarding its new Public Private Investment Program, or “PPIP.”
    United StatesFinance and Banking
    Sidley Austin LLP
    Sidley Austin LLP
  • Article

    US Federal Reserve Board Approves Fee Schedule For Federal Reserve Bank Priced Services

    The US Federal Reserve Board announced the approval of fee schedules, effective January 3, 2017, for payment services the Federal Reserve Banks provide to depository institutions (priced services).
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    New Swiss Law On Recovery Of "Illicit Assets" From 1 February 2011

    Switzerland’s Federal Act on the Restitution of Assets of Politically Exposed Persons obtained by Unlawful Means (commonly referred to as the Return of Illicit Assets Act or "RIAA") was passed by both houses of the Swiss Parliament in October 2010 and will become effective on 1 February 2011.
    United StatesGovernment, Public Sector
    Morrison Foerster
    Morrison Foerster
  • Article

    OCC Approves Shelf Charter For National Banks To Encourage New Investment

    In an article entitled “Update the Rules for Private-Equity Stakes” published in the American Banker on Friday, August 29, 2008, Thomas P. Vartanian and Robert H. Ledig suggested that the banking agencies should work together to develop a way to provide a banking charter to investors to allow them to bid for failing banks being marketed by the Federal Deposit Insurance Corporation (“FDIC”).
    United StatesStrategy
    Fried Frank Harris Shriver & Jacobson
    Fried Frank Harris Shriver & Jacobson
  • Article

    Steps For Lenders To Consider In Connection With Mortgage Modification Programs

    Banks are increasingly implementing mortgage modification programs in order both to settle class-action lawsuits and as a way to improve returns on their investments.
    United StatesStrategy
    Morrison Foerster
    Morrison Foerster
  • Article

    SEC's Crypto Accounting Bulletin Determined Procedurally Deficient

    On October 31, 2023, the U.S. Government Accountability Office (GAO) published a formal decision concluding that the Securities and Exchange Commission (SEC) failed to follow prescribed Congressional...
    United StatesTechnology
    Fenwick
    Fenwick
  • Showing 641–660 of 1899 results

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