News & Analysis as of

Memorandum of Understanding Regulatory Oversight

Skadden, Arps, Slate, Meagher & Flom LLP

UK’s ICO and NCA Sign Memorandum of Understanding for Further Collaboration on Cybersecurity

On 5 September 2024, the UK’s data privacy regulator, the Information Commissioner’s Office (ICO), and the UK National Crime Agency (NCA) signed a Memorandum of Understanding (MoU) outlining how they will further collaborate...more

Alston & Bird

FDA Seeks to Reform Approach to Regulation of Ingredients Used in Animal Food

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With the memorandum of understanding between the Food and Drug Administration (FDA) and the Association of Animal Feed Control Officials (AAFCO) set to expire, the FDA is proposing an alternative path to market for the...more

Stikeman Elliott LLP

Sunny Days: New SRO Officially Named “Canadian Investment Regulatory Organization”

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The New Self-Regulatory Organization of Canada (“New SRO”) changed its name to “Canadian Investment Regulatory Organization” (“CIRO”) on June 1, 2023. The former Investment Industry Regulatory Organization of Canada...more

Manatt, Phelps & Phillips, LLP

AGs Commit to Fight Robocalls With FCC

The National Association of Attorneys General (NAAG) shared a commitment to work collaboratively with the Federal Communication Commission (FCC) in a new letter signed by 41 attorneys general (AGs). Recognizing the FCC’s...more

Stikeman Elliott LLP

Provincial Securities Regulators Enter into MOU with Croatian Financial Services Supervisory Agency

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Securities regulators in Ontario, Québec, Alberta and British Columbia recently announced that they had entered into a Memorandum of Understanding (MOU) with the Croatian Financial Services Supervisory Agency. ...more

Quarles & Brady LLP

Federal Court Deals Blow to FDA’s Compounding MOU

Quarles & Brady LLP on

On September 21, 2021, D.C. District Court Judge Christopher Cooper gave an initial victory to the seven compounding pharmacies (“the pharmacies”) challenging Food and Drug Administration’s (“FDA”) final standard Memorandum...more

Morgan Lewis - Well Done

USDA’s Proposal to Take Back Regulatory Oversight of GM Animals from FDA Remains Viable Despite Change in Administration

On December 14, 2020, the US Food and Drug Administration (FDA) approved GalSafe pigs, which are genetically modified (GM) for use in food production and medical products. At the time, the agency noted in its Consumer Q&A...more

Perkins Coie

Fintech Week in Review - February 2021 #2

Perkins Coie on

California DFPI Enters MOUs with Multiple Earned Wage Access Companies- California’s Department of Financial Protection and Innovation (DFPI) has continued to expand its jurisdiction over financial service providers under...more

White & Case LLP

The French and New York Financial Regulators Partner to Boost Cross-Border Fintech Cooperation

White & Case LLP on

The New York Department of Financial Services ("NYDFS") and the French Autorité de Contrôle Prudentiel et de Résolution ("ACPR") signed a Memorandum of Understanding ("MOU") to position New York and France as innovation hubs...more

Ballard Spahr LLP

SEC and DOJ’s Antitrust Division Formalize Interagency Cooperation With Historic Memorandum of Understanding

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In an historic move this week, the Securities and Exchange Commission (SEC) and the Antitrust Division of the Department of Justice (DOJ) executed the first-ever memorandum of understanding (MOU) between the two agencies. ...more

Jones Day

Facilitating Transatlantic Fintech Innovation and Cooperation: The New MOU Between the NYSDFS and the French ACPR

Jones Day on

The Situation: From both sides of the Atlantic, United States and French financial authorities are keen to facilitate technology innovations in the financial sector. Beyond having set up dedicated teams to focus on the...more

Ballard Spahr LLP

CFPB and Dept. of Education enter into new MOU on handling complaints; Director Kraninger tells lawmakers negotiations are...

Ballard Spahr LLP on

Last Monday, the CFPB announced that it had entered into a new Memorandum of Understanding with the Department of Education to replace the MOU that was terminated by the ED effective October 1, 2017.  The new MOU, which is...more

Knobbe Martens

FDA and USDA Enter into Formal Agreement to Jointly Regulate Cell-Cultured Food Products

Knobbe Martens on

On March 7, 2019, the U.S. Food and Drug Administration (FDA) and the U.S. Food Safety and Inspection Service (FSIS) announced a formal agreement, in the form of a memorandum of understanding (MOU), to jointly regulate the...more

Ballard Spahr LLP

FTC and CFPB reauthorize MOU

Ballard Spahr LLP on

The FTC and CFPB have reauthorized their memorandum of understanding.  According to the FTC’s press release, “the agreement reflects the ongoing coordination between the two agencies under the terms of the Consumer Financial...more

Ballard Spahr LLP

FTC and Veterans Affairs announce MOA on referrals for deceptive advertising, sales or enrollment practices targeting veterans...

Ballard Spahr LLP on

At the end of last week, the Federal Trade Commission (FTC) and the Department of Veterans Affairs (VA) announced that they have entered into a Memorandum of Agreement (MOA) “to provide mutual assistance in the oversight and...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

U.S. Financial Industry Developments - CFTC and SEC Announce Approval of New MOU - On June 28, 2018, the Commodity Futures Trading Commission ("CFTC") and the Securities and Exchange Commission ("SEC") announced that...more

Hogan Lovells

A preview of the FTC's role in monitoring broadband markets following the FCC's adoption of the Restoring Internet Freedom Order

Hogan Lovells on

Amid the ongoing discussion surrounding “net neutrality,” the FTC’s role in overseeing broadband Internet access service (BIAS) has received increasing scrutiny following the recent passage of the FCC’s Restoring Internet...more

Ballard Spahr LLP

ED rebuffs Congressional plea to reinstate terminated CFPB MOUs

Ballard Spahr LLP on

The Department of Education (ED) has apparently declined a request by 39 members of Congress to reinstate the Memoranda of Understanding (MOUs) between ED and the CFPB. ...more

Ballard Spahr LLP

ED Rebukes CFPB “Abuse” with Termination of MOUs, Announces Expansion of Internal Oversight

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The Department of Education (ED) recently delivered a letter to the Consumer Financial Protection Bureau (CFPB) providing notice of its intent to terminate the Memoranda of Understanding (MOUs) between the agencies. The...more

Proskauer Rose LLP

US SEC and Hong Kong SFC Sign New Memorandum of Understanding

Proskauer Rose LLP on

The US Securities and Exchange Commission (SEC) and the Hong Kong Securities and Futures Commission (SFC) have signed a Memorandum of Understanding (MOU) which came into effect on January 18, 2017. The subject of the MOU is...more

Kramer Levin Naftalis & Frankel LLP

US, EU Enter Into Covered Agreement on Insurance

On Jan. 13, 2017, the U.S. Department of the Treasury and the Office of the U.S. Trade Representative ("USTR") released the terms of the long-awaited covered agreement between the United States and the European Union (the...more

A&O Shearman

US Commodity Futures Trading Commission Signs Memorandum of Understanding with UK Financial Conduct Authority to Improve...

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The CFTC announced that CFTC Chairman Timothy Massad and Andrew Bailey, Chief Executive of the FCA, signed a Memorandum of Understanding (MOU) regarding cooperation and the exchange of information in the supervision and...more

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