ArticleMichael Brickman Named Deputy Comptroller For Special SupervisionOn January 26, 2015 Michael Brickman was named Deputy Comptroller for Special Supervision at the OCC.United StatesFinance and BankingOrrick
ArticleNY Intermediate Appellate Court Reverses Dismissal Of HSBC RMBS Suit Against Deutsche BankHSBC, the trustee of two securitizations at issue, successfully appealed the 2018 dismissal of its complaint alleging that DB Structured Products Inc. (DBSP).United StatesFinance and BankingOrrick
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 Proposes Rule on Margin and Capital Requirements for Covered Swap EntitiesOctober 6, the OCC released a notice of proposed rulemaking to establish minimum requirements for the exchange of initial and variation margin between registered swap dealers, major swap participants, security-based swap dealers and major security-based swap participants (covered swap entities) and their counterparties to non-cleared swaps and non-cleared security-based swaps.United StatesFinance and BankingOrrick
ArticleOCC Publishes Final Rule on Expanding Examination Cycle EligibilityOn January 6, 2017, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation published a final rule...United StatesFinance and BankingOrrick
ArticleOCC Publishes Revised Data For Stress TestsOn February 14, the Office of the Comptroller of the Currency ("OCC") released a revised dataset for use by covered institutions in the upcoming 2019 stress tests.United StatesFinance and BankingOrrick
ArticleOCC Publishes Update To The Bank Accounting Advisory SeriesOn September 29, the Office of the Comptroller of the Currency released an update to the Bank Accounting Advisory Series.United StatesFinance and BankingOrrick
ArticleRating Agency Developments - February 1, 2016On January 25, 2016, DBRS updated its methodology for rating Subscription Loans.United StatesFinance and BankingOrrick
ArticleRating Agency Developments - February 13, 2014On February 5, DBRS released its methodology for analyzing commercial paper liquidity support for non-bank issuers.United StatesFinance and BankingOrrick
ArticleRating Agency Developments - January 21, 2016On January 20, Fitch issued CDOs: Advance Notice Of Proposed Criteria Change: Corporate Cash Flow And Synthetic CDO Rating Methodology.United StatesFinance and BankingOrrick
ArticleRating Agency Developments - May 20, 2019On May 10, Fitch issued its framework to monitor and analyze outstanding U.S. RMBS and Synthetic Transactions Backed by Pools of Residential Mortgages.United StatesFinance and BankingOrrick
ArticleRating Agency Developments - September 1, 2016On August 31, 2016, Fitch issued a report entitled: Fitch Publishes Updated Global Rental Fleet ABS Criteria. Report.United StatesFinance and BankingOrrick
ArticleRating Agency Developments - September 26, 2016On September 19, 2016, Moody's issued a report entitled: Special Assessment / Special Property Tax (Non-Ad Valorem) Debt.United StatesFinance and BankingOrrick
ArticleRating Agency Developments - September 3, 2013On August 28, DBRS issued a request for comment on its methodology for rating CLOs backed by loans to European small- and medium-sized enterprises. United StatesFinance and BankingOrrick
ArticleSEC Adopts Updated EDGAR Filer Manual - April 17, 2015On April 13, the SEC adopted revisions to EDGAR Filer Manual and related rules to reflect updates to the EDGAR system.United StatesFinance and BankingOrrick
ArticleSEC Announces Order For Tick Size Pilot Plan To Assess Impact On Market Quality For Small Cap CompaniesThe SEC has ordered the national securities exchanges and the Financial Industry Regulatory Authority to act jointly to develop a national market system plan.United StatesFinance and BankingOrrick
ArticleSEC Chair And European Union Financial Services Commissioner MeetOn February 26, the SEC Chair Mary Jo White hosted a meeting with European Union Financial Services Commissioner Jonathan Hill.United StatesFinance and BankingOrrick
ArticleSEC Extends Expiration Dates To Interim Final Rules Providing Exemptions For Certain Security-Based SwapsOn February 5, the SEC adopted amendments to the expiration dates in its interim final rules that provide exemptions under the securities laws for certain security-based swaps. United StatesFinance and BankingOrrick
ArticleSEC Fee Rate Advisory #2 For Fiscal Year 2015On October 1, the SEC fiscal year 2015 started. The SEC will be operating under a continuing resolution that will extend until December 11.United StatesFinance and BankingOrrick