Do Banks Still Need Holding Companies?
The Prudential Authority of South Africa (the "Prudential Authority") published Draft Prudential Standard RA03 entitled "Flac Instrument Requirements for Designated Institutions" (the "Draft Flac Standard") in December 2023...more
A D.C. Circuit Court of Appeal’s decision earlier this year, Perry Capital LLC v. Mnuchin, 848 F.3d 1072 (D.C. Cir. 2017), highlights the breadth of the government’s ability to take actions that harm creditors of federally...more