On December 23, 2015, the US Financial Crimes Enforcement Network issued a notice requesting public comment on two related regulatory impact assessments...

On April 8, 2016, the US Financial Stability Oversight Council filed its appeal to the DC District Court opinion overturning the FSOC's designation of insurer MetLife as a systemically important financial institution.

Federal Reserve economist Nellie Liang, who was appointed to establish the office in November 2010, will stay on as director.

On 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.

On November 1, 2016, the OCC appointed Morris Morgan as the OCC's Senior Deputy Comptroller for Large Bank Supervision. In this role, beginning on December 24, 2016, Mr. Morgan will direct the supervisors...

On February 16, 2017, the OCC issued a revised version of the "Changes in Directors and Senior Executive Officers" booklet of the Comptroller's Licensing Manual.

On October 25, 2016, the OCC announced the appointment of Charles M. Steele as the agency's Deputy Chief Counsel. Mr. Steele will supervise the Administrative and Internal Law, Community...

On May 11, 2016, the US Office of the Comptroller of the Currency released a mid-cycle status report on key actions that it has taken to date pursuant to its Committee on Bank Supervision's annual operating plan...

On 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.

On 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 ...

The US Treasury Department's Office of Foreign Assets Control and the Commerce Department's Bureau of Industry and Security announced amendments to the Cuban Assets Control Regulations and Export Administration Regulations.

Shearman & Sterling is providing practical insights on the implications of actions taken by the Trump Administration on an ongoing basis.

This 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.

Contributing to IFLR's Women in Business Law Group's Best Practice Series on inclusiveness, partner Patricia Hammes (New York-Project Development & Finance) wrote an article on retaining talented women.

The 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.

This 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 clients

Partner Jordan Altman and counsel Jeewon Kim Serrato contributed to a Mergermarket report on data privacy considerations in M&A transactions.

The Treasury Department issued proposed regulations regarding valuation discounts of interests in corporations and partnerships for estate, gift and generation-skipping transfer tax purposes.

The changes to the cybersecurity and data protection landscape have been significant. The growing number and sophistication of cyberattacks

Partners Donna Parisi and Jennifer Morton co-authored an article for Reuters.