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On December 3, 2014, Comptroller of the Currency Thomas J. Curry discussed the OCC approach to supervising federal branches and agencies of foreign banks. His remarks highlighted the OCC philosophy that supervision is specifically tailored to each individual branch or agency rather than an attempt to implement a one-size-fits-all approach. Main talking points centered on collaboration with foreign jurisdictions, cybersecurity and compliance with the Bank Secrecy Act and Anti-Money Laundering law

Several members of Congress asked Federal Housing Finance Agency Director Mark Calabria to delay a proposed rule that would establish a new regulatory capital framework for Fannie Mae and Freddie Mac.

Important to consider as companies make their SOFR tenor elections as part of debt repricing. The longer-term tenors have been favorable this year as long as corresponding adjustments...

Complaining that the federal government has abdicated its responsibility in the consumer finance space, California, New York,...

Alternative mutual fund firm Context Asset Management hired Matt Rowe as chief strategy officer, responsible for investments, strategy, risk management, distribution, operations and marketing.

With the record-breaking campaign expenditures of the 2014 midterm elections behind us, and the 2016 campaign cycle already heating up, this is an ideal moment for investment advisers (including advisers to venture capital funds and certain private equity and hedge funds) to ensure that they have mechanisms in place to verify compliance with the U.S. Securities and Exchange Commission’s pay-to-play rule.

On February 13, the Council of the EU published a press release which announced that its Permanent Representative Committee (COREPER) had agreed its position relating to the proposed Regulation on a pan-European personal pension product ("PEPP").

On June 17, the Council of the EU issued a press release regarding its adoption of a regulation and a directive enacting a one-year delay to the new securities market rules.

On November 29, 2016, Antonio Weiss, Counselor to the US Treasury Secretary, argued that the FSOC has become a "critical nerve center during episodes of market volatility or stress,"

In the first-ever meeting of the Counter-Hizballah International Partnership ("CHIP"), representatives from 30 countries considered

On February 3, Judge Jed S. Rakoff of the United States District Court of the Southern District of New York denied Bank of America Corporation’s and Rebecca Mairone’s motion for judgment as a matter of law...

Court Denies BofA's Motion to Reconsider Use of FHFA Documents Produced in Other RMBS Litigation.

The court held that the liquidation of a breaching loan presents such a circumstance, and permitted Bank of New York Mellon's claims as to foreclosed-upon loans to go forward.

On October 8, Justice Charles E. Ramos of the New York Supreme Court for the County of New York, Commercial Division entered an order dismissing an amended complaint brought by Phoenix Light SF Limited, Silver Elms CDO PLC, Silver Elms CDO II Limited, and Kleros Preferred Funding V PLC against Merrill Lynch & Co., Inc.

Global Litigation partner Ellen Holloman presents a podcast on two of the most interesting lawsuits impacting the securitization industry today, relating to the National Collegiate Student Loan Trusts.

Judge Sam Lindsay granted a motion to dismiss plaintiff Town North Bank's amended complaint against UBS, Morgan Stanley, Merrill Lynch, and J.P. Morgan, among others.

The Committee on Payments and Market Infrastructures ("CPMI") and IOSCO reported that there is increasing coordination among global financial