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BakerHostetler

Weekly Blockchain Monitor - January 2026

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Stablecoin Products Launch by US Financial Institutions and Crypto Companies - On Dec. 18, SoFi Technologies Inc. announced the launch of SoFiUSD, “a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A.” ...more

Akin Gump Strauss Hauer & Feld LLP

November 2025 – December 2025: Regulatory Round-Up

November and December 2025 witnessed an active period in the UK and European regulatory landscape, marked by significant regulatory developments in and affecting financial services. This alert highlights certain regulatory...more

McGuireWoods LLP

Lindsay Goldberg Closes New Fund With $4.9 Billion

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Lindsay Goldberg announced the closing of its sixth fund. The fund, Lindsay Goldberg VI, closed with $4.9 billion, surpassing its target of $4.0 billion....more

Troutman Pepper Locke

New York AG Targets Monterey Finance Over Deceptive Lease-to-Own Financing

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On December 23, 2025, the New York Attorney General (AG) announced a settlement with Monterey Finance (Monterey) of approximately $2.4 million in debt relief for 835 New York consumers and $175,000 in penalties. The AG...more

Jones Day

BaFin's Expectations for ICT Risk Management and the Use of AI

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The German Financial Supervisory Authority ("BaFin") has issued non-binding guidance ("Guidance") clarifying how financial institutions should manage Information and Communication Technology ("ICT") risks arising from...more

Thomas Fox - Compliance Evangelist

31 Days to a More Effective Compliance Program: Day 12 - The Importance and Construction of a Corporate Code of Conduct

Welcome to 31 Days to a More Effective Compliance Program. Over this 31-day series in January 2026, Tom Fox will post a key component of a best-practice compliance program each day. By the end of January, you will have enough...more

Ballard Spahr LLP

CFPB and DOJ Withdraw Joint Statement On Consideration Of Immigration Status Under ECOA

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As previously reported, in October 2023 the CFPB and DOJ issued a joint statement regarding “the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit...more

Troutman Pepper Locke

CFPB Complies with Court’s Funding Order in NTEU v. Vought

Troutman Pepper Locke on

On January 9, the defendants in National Treasury Employees Union (NTEU) v. Vought filed a notice and exhibit in the U.S. District Court for the District of Columbia confirming that the Acting Director of the Consumer...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Your Biggest Competitor Isn’t Another Provider — It’s Indifference

Most plan providers are prepared for competition. They know how to differentiate fee schedules, demonstrate technology, and present fiduciary solutions. They refine their pitch decks and rehearse the perfect value statement....more

Katten Muchin Rosenman LLP

FCA Finalises Simplified UK Ancillary Activities Test

On 19 December 2025, the Financial Conduct Authority (FCA) published a policy statement (PS25/24) finalising the rules and guidance for the Ancillary Activities Test (AAT) under the Ancillary Activities Exemption (AAE)....more

Orrick, Herrington & Sutcliffe LLP

OCC and FDIC clarify insider lending rules for banks and investment funds

On December 18, the OCC and FDIC issued a statement clarifying their supervisory expectations for banks regarding insider lending restrictions and related reporting requirements as they pertain to certain investment funds and...more

Morgan Lewis

New SEC Guidance Provides Regulatory Pathway for DTC Securities Tokenization Services

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The SEC staff issued a no-action letter on December 11, 2025 to the Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC) granting relief under certain provisions of the federal...more

Orrick, Herrington & Sutcliffe LLP

CFPB issues advisory opinion on the applicability of Regulation Z to earned wage access products

On December 23, the CFPB issued an advisory opinion in the Federal Register clarifying the regulatory treatment of earned wage access (EWA) products under Regulation Z, as implemented by TILA. ...more

Orrick, Herrington & Sutcliffe LLP

CFTC seeks public input on risks of direct clearing for retail derivatives clearing organizations

On December 18, the CFTC announced it had issued a request for comment to inform its understanding of the risks and regulatory issues related to derivatives clearing organizations (DCOs) that offer direct clearing services to...more

Latham & Watkins LLP

Private Capital’s Evolving Playbook for Healthcare and Life Sciences

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Private capital is poised to remain a driving force in healthcare and life sciences, even as the sector navigates a more complex and competitive environment. After a record-setting surge in 2024 — when global healthcare...more

Thomas Fox - Compliance Evangelist

All Things Investigations: Navigating Compliance Challenges in Venezuela’s Energy Sector

Welcome to the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group’s podcast, All Things Investigation. In this podcast, host Tom Fox welcomes back Mike DeBernardis to discuss the implications of entering...more

Orrick, Herrington & Sutcliffe LLP

NCUA proposes second round of deregulatory reforms for credit unions

Recently, the NCUA announced a second round of proposed regulatory changes under its “Deregulation Project,” an ongoing effort to reduce regulatory burden and eliminate outdated or duplicative requirements....more

Orrick, Herrington & Sutcliffe LLP

CFPB updates asset-size exemption thresholds under TILA and HMDA

On January 7, the CFPB amended the official commentary to Regulation Z (which implements TILA) and Regulation C (which implements the HMDA) by updating the asset-size exemption thresholds for financial institutions. These...more

Brownstein Hyatt Farber Schreck

President Trump Announces Major Housing Policy Shifts, with Broader Executive Order Expected

In social media posts this week, President Trump announced major policy shifts aimed at improving housing affordability. In the first post on Jan. 7, the president stated that he is “immediately taking steps to ban large...more

Orrick, Herrington & Sutcliffe LLP

OCC expands its reach with two actions on escrow laws

On December 23, the OCC published two notices of proposed rulemaking in the Federal Register that would clarify and reinforce federal banking authorities over interest-on-escrow laws and real estate lending escrow accounts. ...more

Orrick, Herrington & Sutcliffe LLP

Ninth Circuit upholds FHFA funding structure against constitutional challenge

On January 2, the U.S. Court of Appeals for the Ninth Circuit upheld the constitutionality of the FHFA’s funding mechanism, affirming the dismissal of a lawsuit that challenged the agency’s authority under the Appropriations...more

Orrick, Herrington & Sutcliffe LLP

Kentucky borrower files putative class action alleging usury through ‘rent-a-tribe’ scheme

Recently, a Kentucky resident filed a class action complaint in the U.S. District Court for the Western District of Kentucky, alleging that a group of lenders issued illegal high-interest loans to Kentucky residents in...more

Brownstein Hyatt Farber Schreck

California State Budget 2026-27

Gov. Gavin Newsom’s 2026–27 and final January budget proposal acknowledges that California faces a state deficit in the current fiscal year. However, the proposal is characteristically optimistic regarding the size of the...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Client Feature — January 2026

This month we’re pleased to feature our client, Wilmington Trust, N.A. A leader in institutional client services and wealth management, Wilmington Trust is a subsidiary of M&T Bank that offers corporate trust, custody,...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Connections — January 2026

Sustainable Energy & Infrastructure Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox....more

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