29 Apr, 2024 Proposed Legislation Would Add Ransomware Reporting and Compliance Obligations for Covered U.S. Financial Institutions By Brock Dahl David Sewell Nathaniel Balk David Benger +1 more... Show less On April 11, 2024, U.S. Representatives Brittany Pettersen (D-CO) and Patrick McHenry (R-NC) introduced the “Ransomware and Financial...
22 Apr, 2024 FDIC Releases Report Describing How It Would Resolve a U.S. GSIB By Alison Hashmall Nathaniel Balk Ellen Lawrence Earlier this month, the Federal Deposit Insurance Corporation (FDIC) issued a report[1] describing how and when the agency would exercise...
28 Mar, 2024 With The Fintech Sector's Return to Explosive Growth, Here Are Top U.S. Legal Issues to Watch By Jamillia Ferris Vinita Kailasanath Christine Lyon Jan Rybnicek David Sewell Nathaniel Balk Christine Chong Sora Park Emily Strickland +6 more... Show less Freshfields recently hosted a U.S. Fintech Hot Topics Webinar to highlight on-the-ground insights from our Antitrust and Competition,...
27 Mar, 2024 FDIC Joins Bank Merger Fray with Proposed Policy Statement By David Sewell Alison Hashmall Justin Stewart-Teitelbaum Jenny Hochenberg Angela Landry Nathaniel Balk Tina Laritz Cates Saleeby +5 more... Show less With the recent one-year anniversary of three of the largest bank failures in U.S. history—shortly preceded by the largest bank merger...
15 Feb, 2024 SEC Issues Marketing Rule FAQ on Net IRR Presentation in Investment Adviser Advertising Materials By Timothy Clark David Sewell Nathaniel Balk On February 6, 2024, Securities and Exchange Commission (SEC) staff issued a new Frequently Asked Question (FAQ) under the SEC’s...
14 Feb, 2024 FinCEN Proposes Highly Anticipated Investment Adviser AML/CFT Rule By David Sewell Timothy Clark Stephanie Brown Cripps Nathaniel Balk Nathalie Kupfer Rosie Jiang +3 more... Show less On February 13, 2024, the U.S Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a proposed rule to extend...
05 Feb, 2024 OCC Proposes New Bank Merger Rules and Policy Statement By David Sewell Jenny Hochenberg Justin Stewart-Teitelbaum Nathaniel Balk Cates Saleeby Tina Laritz +3 more... Show less On Monday, January 29, the Office of the Comptroller of the Currency (OCC) published a proposal to update its procedural rules and issue...
18 Dec, 2023 Corporate Transparency Act Update and Reference Guide By David Sewell Timothy Clark Aryeh Kaufman Rosie Jiang +1 more... Show less New Beneficial Ownership Reporting Requirements to Take Effect January 1, 2024 Background and Overview On January 1, 2024, beneficial...