ArticleNov 4: Zero Or Bust; Or Zero And BustFederal financial regulators support climate objectives. United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNov 5: Lets Have Big Fights Over Small Things!SEC diminishes roadblocks to proxy proposals on social policy. SEC Chair warns of enforcement "without quarter." OCC Acting Comptroller calls for regulation of crypto banking. Financial ServicesUnited StatesFinance and BankingHogan Lovells Cadwalader
ArticleNYDFS Approves Virtual Currency Charter For BitGo NYThe New York State Department of Financial Services ("NYDFS") granted a trust charter to BitGo New York Trust Company LLC. United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNYDFS Cybersecurity Rules Gain EffectThe New York Department of Financial Services issued a reminder to all covered entities that its cybersecurity regulation took effect on Aug. 28, 2017.United StatesFinance and BankingHerbert Smith Freehills Kramer LLP
ArticleNYDFS Details Potential Cybersecurity RulesThe New York Financial Department of Services provided details related to potential cybersecurity regulations for banks and insurance companies under its jurisdiction. United StatesFinance and BankingHerbert Smith Freehills Kramer LLP
ArticleNYDFS Establishes Office Of Financial Inclusion And EmpowermentThe New York State Department of Financial Services ("NYDFS") established a new Office of Financial Inclusion and Empowerment. United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNYDFS Expands Access To Nationwide Multistate Licensing System To Check Casher And Virtual Currency FirmsBeginning on October 1, 2018, financial service companies holding check casher and virtual currency business activity licenses ...United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNYDFS Provides Temporary Relief Concerning In-Person And Shareholder MeetingsNYDFS Provides Temporary Relief Concerning In-Person and Shareholder Meetings.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNYDFS Superintendent To Step DownNew York State Department of Financial Services ("NYDFS") Superintendent Linda A. Lacewell announced that she will step down from her position effective August 24, 2021.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNYMEX Fines Brokerage Firm For Block Trade Reporting FailuresThe NYMEX Business Conduct Committee (the "BCC Panel") fined an introducing broker $60,000 for reporting failures relating to block trades in violation United StatesFinance and BankingHogan Lovells Cadwalader
ArticleNYSE Proposes Suspension Of Global Market Capitalization Continued Listing Standard Through June 30, 2020Akin Gump provides details on the New York Stock Exchange LLC (NYSE) proposed rule change to suspend until June 30, 2020, the application of the NYSE continued listing requirement with respect to global market capitalization.United StatesFinance and BankingAkin
ArticleNYSE Reopens Trading FloorThe NYSE reopened its trading floor on May 26, 2020, following a two-month-long closure.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleOCC Adopts Amendments To Company-Run Stress Testing RequirementsThe OCC adopted a final rule to amend the agency's company-run stress testing requirements for national banks and federal savings associationsUnited StatesFinance and BankingHogan Lovells Cadwalader
ArticleOCC And FRB Extend Comment Deadline For Enhanced Supplementary Leverage RatioThe comment period, which was originally set to expire on May 21, was extended to June 25, 2018.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleOCC Comptroller Discusses Risks To Global BankingOn November 12, Comptroller of the Currency Thomas J. Curry spoke at the 25th Special Seminar on International Finance in Tokyo, Japan. The comptroller identified cybercriminals as possibly the biggest threat to the global economy today.United StatesFinance and BankingOrrick
ArticleOCC Enforcement Action Targets Reverse Discrimination Leaving Institutions With Open QuestionsIn a BNA Banking Report article, Reed Smith’s William Mutterperl wrote about the recent Office of the Comptroller of the Currency enforcement action that applied the disparate impact theory of discrimination in finding that a group of white male borrowers and male-female married couple borrowers had been discriminated against. United StatesFinance and BankingReed Smith
ArticleOCC Names First Ever Chief Risk OfficerOn August 6, the OCC named Linda Cunningham as its first Chief Risk Officer. Ms. Cunningham will lead the agency's newly created Office of Enterprise Risk management and will report directly to the Comptroller of the Currency.United StatesFinance and BankingOrrick
ArticleOCC Names New Deputy ComptrollersThe Office of the Comptroller of the Currency ("OCC") named Scott Schainost as Deputy Comptroller for Midsize Bank Supervision and Troy Thornton as Deputy Comptroller for the Southern District.United StatesFinance and BankingHogan Lovells Cadwalader
ArticleOCC Names New Senior Deputy ComptrollerThe Office of the Comptroller of the Currency ("OCC") named Jonathan Gould as the Senior Deputy Comptroller. Mr. Gould also will serve as Chief Counsel.United StatesFinance and BankingHogan Lovells Cadwalader