ArticleFederal Reserve Bank Of New York President Announces RetirementOn November 6, 2017, the US Federal Reserve Bank of New York announced that President and Chief Executive Officer William C. Dudley plans to retire in mid-2018 ...United StatesFinance and BankingA&O Shearman
ArticleFederal Reserve Board Proposes To Amend Regulation AOn December 4, 2017, the Federal Reserve Board issued a notice of proposed rulemaking regarding amendments to Regulation A.United StatesFinance and BankingA&O Shearman
ArticleFederal Reserve, OCC And FDIC Release Examiner Guidance For Institutions Affected By Major DisastersOn December 15, 2017, the US Board of Governors of the Federal Reserve System, the US Office of the Comptroller of the Currency, the US Federal Deposit Insurance Corporation, and the US National Credit Union...United StatesFinance and BankingA&O Shearman
ArticleFinal Global Technical Guidance On Critical OTC Derivatives Data PublishedOn April 9, 2018, the Committee on Payments and Market Infrastructures and the Board of the International Organization of Securities Commissions published final Technical Guidance ...United StatesFinance and BankingA&O Shearman
ArticleGlobal Trends In The Leveraged Loan Market In 2018Partners Joshua Thompson (New York-Finance) and Korey Fevzi (London-Finance) have authored the "Global Trends in the Leveraged Loan Market in 2018" ...United StatesFinance and BankingA&O Shearman
ArticleHead Of US Office Of Financial Research Richard Berner To Step DownOn November 6, 2017, US Treasury Secretary Steven Mnuchin announced that Richard Berner, director of the Office of Financial Research, will step down effective December 31, 2017 ...United StatesFinance and BankingA&O Shearman
ArticleStructuring Covenants In Leveraged Financing And High-Yield BondsThe panel discussed various covenants, including builder baskets, debt provisions, equity cures and other key issues.United StatesFinance and BankingA&O Shearman
ArticleUK Financial Conduct Authority Consults On Ex Post Impact EvaluationOn April 9, 2018, the FCA published a discussion paper on its proposed approach to using ex post impact evaluation to assess the impact of its work on consumers, firms and markets.United StatesFinance and BankingA&O Shearman
ArticleUS Consumer Financial Protection Bureau Issues Information Request For Civil Investigative DemandsOn January 26, 2018, the U.S. Consumer Financial Protection Bureau published a notice in the Federal Register requesting public comment regarding the agency's Civil Investigative Demands (CID) processes.United StatesFinance and BankingA&O Shearman
ArticleUS Federal Banking Regulators May Re-Evaluate Leveraged Lending GuidanceOn December 5, 2017, the US Board of Governors of the Federal Reserve System, and the US Federal Deposit Insurance Corporation sent letters to Representative Blaine Luetkemeyer...United StatesFinance and BankingA&O Shearman
ArticleUS Federal Reserve Bank Of New York Executive Vice President Discusses The Role Of Bank Supervisors In The Culture Reform DialogueOn December 7, 2017, US Federal Reserve Bank of New York Executive Vice President Kevin Stiroh spoke at a culture roundtable session regarding misconduct, risk, culture, and supervision. United StatesFinance and BankingA&O Shearman
ArticleUS Federal Reserve Vice Chairman For Supervision Discusses The Promotion Of Global Financial StabilityOn June 27, 2018, U.S. Board of Governors of the Federal Reserve System Vice Chairman for Supervision, Randal Quarles, discussed the importance of the promotion of global financial stability ...United StatesFinance and BankingA&O Shearman
ArticleUS Office Of The Comptroller Of The Currency Announces Technical Amendments To Stress Testing RegulationOn February 23, 2018, the U.S. Office of the Comptroller of the Currency issued a final rule that makes certain technical amendments to its annual stress testing regulation.United StatesFinance and BankingA&O Shearman
ArticleUS Regulators Extend Resolution Plan Filing Deadline For 14 US Financial InstitutionsOn July 2, 2018, the U.S. Federal Reserve Board and FDIC announced that they were extending the filing deadline for the resolution plans of 14 U.S. financial institutions to December 31, 2019.United StatesFinance and BankingA&O Shearman
ArticleUS Senate Passes Financial Regulatory Reform BillOn March 14, 2018, the U.S. Senate passed a significant financial services reform bill 67-31 on a bipartisan basis that would eliminate certain requirements of the Dodd-Frank Act ...United StatesFinance and BankingA&O Shearman
ArticleSanctions Round Up: Second Quarter 2021This quarter, the Biden Administration maintained its tough stance on China, revamping Trump-Era restrictions and expanding sanctions to include the PRC's surveillance technology sector.United StatesInternational LawA&O Shearman
ArticleNinth Circuit Amends Opinion Partially Reviving Putative Class Action Against Manufacturer Of Pop Culture Collectibles And Denies Rehearing PetitionsThe Ninth Circuit has amended its opinion in a securities fraud class action against a pop culture collectibles manufacturer, clarifying that the company's risk disclosures improperly framed already-realized harms as hypothetical future risks. The court denied petitions for panel rehearing and rehearing en banc, maintaining its partial reversal of the district court's dismissal of claims under Sections 10(b) and 20(a) of the Securities Exchange Act. United StatesLitigation, Mediation & ArbitrationA&O Shearman
ArticleUK Litigation Review 2020This is the first edition of UK Litigation Review—an annual publication focused on outcomes, trends and developments in civil litigation over the past year of relevance to both practitioners and clientsUnited StatesLitigation, Mediation & ArbitrationA&O Shearman
ArticleCybersecurity – Preparing For The Changing LandscapeThe changes to the cybersecurity and data protection landscape have been significant. The growing number and sophistication of cyberattacksUnited StatesTechnologyA&O Shearman
ArticleSEC's Proposed Amendments To Definition Of ‘Exchange': A Potential Game-Changing Impact On Crypto CompaniesPartners Donna Parisi and Jennifer Morton co-authored an article for Reuters.United StatesTechnologyA&O Shearman