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  • Article

    New York Legislation Would Impose Group Capital Calculation Requirement

    Parent companies of insurers doing business in New York would be required to file a "group capital calculation," or GCC, with the Superintendent of Financial Services under legislation introduced in the state...
    United StatesInsurance
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Iceberg Ahead! Don't Let Undercapitalization Sink Your Firm

    Ferrara Smith & Humboldt (FSH) was in trouble. The fictional law firm had only one month's cash reserves and a maxed-out bank line of credit.
    United StatesLaw Practice Management
    ORBA
    ORBA
Article

North Dakota Voters Reject Referendum To Allow Banks to Sell Customer Information Without Written Permission

United StatesPrivacy
Reed Smith Hall Dickler
Reed Smith Hall Dickler
  • Article

    Basel III Endgame: Will Banks Have To Increase Their Capital Requirements?

    On Tuesday, September 10, the Federal Reserve announced a reproposal of the much discussed and awaited Basel III Endgame. However, before we dive into the reproposal...
    United StatesReal Estate and Construction
    Katten
    Katten
  • Article

    Walking Away From A Real Estate Contract: How Is A Forfeited Deposit Treated For Tax Purposes?

    Often, when a real estate deal falls through, the buyer forfeits the down payment or deposit. When this happens, what are the tax implications for the buyer and seller?
    United StatesReal Estate and Construction
    ORBA
    ORBA
  • Article

    Lawsuit Challenging Redevelopment Bills Imminent

    The California Redevelopment Association ("CRA") recently announced that, in conjunction with the League of California Cities, it is nearing completion of a lawsuit (the "Lawsuit") that will challenge the constitutionality of Assembly Bill No. 26 ("ABX1 26") and Assembly Bill No. 27 ("ABX1 27") (collectively, the "Redevelopment Bills").
    United StatesStrategy
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    Foreign Account Tax Compliance Act Of 2009: Proposed Repeal Of U.S. Bearer Bond Exception

    On October 27, 2009, Senator Max Baucus (D-Montana) and Representative Charles Rangel (D-New York), chairmen of the Congressional tax writing committees, unveiled the Foreign Account Tax Compliance Act of 2009 (the “Bill”).
    United StatesTax
    Morrison Foerster
    Morrison Foerster
  • Article

    Cadwalader Attorneys Review ESMA Final Draft Disclosure Technical Standards

    The attorneys also reviewed issues regarding the Securitization Regulation's transitional provisions.
    European UnionFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Financial Regulatory Developments Focus - October 29, 2015

    On October 22, 2015, the Federal Deposit Insurance Corporation issued for public comment a proposal to increase the reserve ratio of the Deposit Insurance Fund to the statutorily required minimum level of 1.35 percent.
    GlobalFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    "Durbin" Is Here: Thoughts On The Federal Reserve’s Final Rule On Debit Card Interchange Fees And Routing (And A Little Second-Guessing On The TCF Lawsuit)

    On July 20, 2011, the Federal Reserve published its controversial "Regulation II" (12 C.F.R. § 235.1 et seq.) on debit card interchange fees and routing, a regulation that implements the "Durbin Amendment" (Section 1075 of Dodd-Frank).
    United StatesCorporate/Commercial Law
    Buchalter Nemer
    Buchalter Nemer
  • Article

    Court Rules On What Is "Commercially Reasonable" Bank Security

    Small business owners have new hope that they may be on the same footing as individuals when it comes to cybertheft from their bank accounts.
    United StatesFinance and Banking
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
  • Article

    Dodd-Frank Act Summary on Bank Capital Requirements - First in Series

    The Dodd-Frank Act requires some significant changes to capital requirements for banking organizations. Your company should evaluate these changes to determine the impact on your capital structure and capital needs.
    United StatesFinance and Banking
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Down From The Shelf: Special Charter Used To Purchase Failed Bank

    Private equity investors long intrigued with the idea of investing in failed depository institutions can now point to a novel success story.
    United StatesFinance and Banking
    Morgan Lewis
    Morgan Lewis
  • Article

    FDIC Adopts Rules To Attract Private Equity Purchasers Of Failed Banks

    To date this year, bank failures have cost the FDIC approximately $19 billion and, as of June 30, 2009, the FDIC's fund that protects more than $4.5 trillion in U.S. bank deposits has shrunk to $10.4 billion, the lowest level since the savings and loan crisis of 1993.
    United StatesFinance and Banking
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    Federal Banking Agencies Finalize The ESLR Rule, With Some Adjustments

    New enhanced supplemental leverage ratio calculation allows for a range of low-risk activities such as U.S. Treasury market intermediation...
    United StatesFinance and Banking
    Davis Wright Tremaine LLP
    Davis Wright Tremaine LLP
  • Article

    Financial Regulatory Developments Focus - September 30, 2015

    On September 25, 2015, the US Office of the Comptroller of the Currency released its bank supervision operating plan for fiscal year 2016.
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    US Federal Banking Regulators Release 2018 Comprehensive Capital Analysis And Review And Dodd-Frank Act Stress Test Scenarios And Instructions

    On February 1, 2018, the OCC and the U.S. Board of Governors of the Federal Reserve System released the2018 scenarios for the Dodd-Frank Act Stress Test (DFAST) ..
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Capital Relief For Software Assets: European Commission Amends Own Fund Requirements

    New Regulation (EU) 2020/2176 (the "Regulation") provides regulatory capital relief, allowing certain software assets to be considered when calculating Common Equity Tier 1 ("CET1") capital.
    European UnionFinance and Banking
    Jones Day
    Jones Day
  • Article

    ESAs Publish 2016 Annual Reports

    On June 15, 2017, ESMA, EIOPA and the EBA (the European Supervisory Authorities ("ESAs")) each published their annual reports outlining the relevant ESA's objectives, activities and key achievements in 2016.
    European UnionFinance and Banking
    Orrick
    Orrick
  • Article

    European Commission Adopts Implementing Regulation On Its Own Supervisory Reporting To Reflect IFRS 9 Changes To FINREP

    On July 5, 2017, the European Banking Authority ("EBA") published a press release announcing that the European Commission (EC) adopted an Implementing Regulation on June 29, 2017...
    European UnionFinance and Banking
    Orrick
    Orrick
  • Showing 921–940 of 1899 results

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