Silicon Valley Bank (SVB), the U.S.’s 16th largest bank, was closed on Friday, March 10, 2023, by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation...more
Silicon Valley Bank (SVB), the U.S.’s 16th largest bank, was closed on Friday, March 10, 2023, by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation...more
Silicon Valley Bank (SVB), the US’s 16th largest bank, was closed on Friday, March 10, 2023, by the California Department of Financial Protection and Innovation which appointed the Federal Deposit Insurance Corporation (FDIC)...more
Lehman Brothers’ collapse a decade ago changed the financial services industry and brought about stronger regulation around the world. Now efforts to relax those regulations have emerged in both the US and UK – amid a turn...more
The New York State Department of Financial Services (NYDFS) Cybersecurity Regulation (23 NYCRR Part 500) came into effect March 1, 2017...more
8/30/2018
/ Banking Sector ,
Chief Information Security Officer (CISO) ,
Covered Entities ,
Cybersecurity ,
Cybersecurity Framework ,
Data Protection ,
Data Retention ,
Financial Institutions ,
Financial Services Industry ,
Information Technology ,
Insurance Industry ,
NYDFS ,
Personally Identifiable Information ,
Popular ,
Risk Management
Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as...more
4/13/2017
/ Authentication ,
Banking Sector ,
BSA/AML ,
CCPs ,
EU ,
European Banking Authority (EBA) ,
Financial Institutions ,
Financial Services Industry ,
Interchange Fees ,
MLD4 ,
Mobile Payments ,
Money Laundering ,
Money Transfer ,
Payment Systems ,
PSD2 ,
RTS ,
UK Payment Systems Regulator
Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as...more
3/7/2017
/ Agricultural Sector ,
Court of Justice of the European Union (CJEU) ,
EU ,
Farms ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Interchange Fees ,
MasterCard ,
Payment Systems ,
PSD ,
PSD2 ,
RTS ,
SEPA ,
Technology ,
UK
Welcome to the Hogan Lovells Global Payments Newsletter. In this monthly publication we provide an overview of the most recent payments, regulatory and market developments from major jurisdictions around the world as well as...more
1/18/2017
/ Africa ,
Banking Sector ,
Banks ,
Blockchain ,
BSA/AML ,
Consumer Financial Products ,
Credit Cards ,
EU ,
European Banking Authority (EBA) ,
Facebook ,
Financial Fraud ,
Financial Institutions ,
Financial Markets ,
FinTech ,
France ,
Germany ,
India ,
Indonesia ,
Italy ,
Malaysia ,
MasterCard ,
Mobile Apps ,
Mobile Banking ,
Money Transfer ,
Payment Services Directive ,
Popular ,
Prepaid Payment Products ,
PSD2 ,
Regulatory Oversight ,
Reporting Requirements ,
RTS ,
Scams ,
Stock Exchange ,
Technology ,
Third-Party ,
UK ,
Visa Inc ,
Western Union
In December 2016, Thomas Curry, the Comptroller of the Currency, stated that cybersecurity was the single greatest systemic threat to our financial system. He was not being hyperbolic.
Cybersecurity should be on...more
1/13/2017
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Banking Sector ,
Banks ,
Community Banks ,
Consumer Financial Protection Bureau (CFPB) ,
Cyber Attacks ,
Cybersecurity ,
Cybersecurity Framework ,
Data Security ,
FDIC ,
Federal Reserve ,
FFIEC ,
Financial Institutions ,
Gramm-Leach-Blilely Act ,
NCUA ,
NYDFS ,
OCC ,
Popular ,
Risk Management ,
Security Standards