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Cadwalader, Wickersham & Taft LLP

Colorblind?: Investors Allege Tricolor’s Lenders and Underwriters Ignored Persistent Red Flags

The historic collapse of the now-bankrupt subprime auto dealer and auto finance company Tricolor Holdings LLC and its affiliates (“Tricolor”) has been unfolding since September 2025, after public reporting that Tricolor’s...more

Burr & Forman

“Sealed According to Law”: The First Loan Closings in Antiquity – Part II

Burr & Forman on

In this two-part article, the author presents an overview of what various ancient textual artifacts “remember” about the earliest loan closings known to history and their participants, exploring the commercial lending...more

Shutts & Bowen LLP

HUD-Insured Multifamily Loans: Key Considerations for Borrowers and Lenders

Shutts & Bowen LLP on

HUD-insured multifamily loans remain one of the most stable sources of long-term financing for apartment, affordable housing, and healthcare projects, particularly during periods of market volatility and constrained...more

Mayer Brown

Good Faith and Fair Dealing in Fund Finance Transactions

Mayer Brown on

EXECUTIVE SUMMARY: Every contract is subject to an implied duty of good faith and fair dealing pursuant to principles established under common law, state statutes, and, with respect to certain contracts, including fund...more

GeoDataVision

Why Doesn’t the CFPB Publish Useful Affordable Housing Data?

GeoDataVision on

One of the top political themes in 2026 politics is “affordability”. Most people would argue that affordable housing should be at the top of the “affordability” crisis. The single most important database when it comes to the...more

A&O Shearman

UK FCA Webpage On The Use Of s.21 Approvers By Cryptoasset Firms

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published a new webpage with information for cryptoasset firms that are currently using the services of an FCA-authorised firm to approve their cryptoasset financial promotions....more

DLA Piper

Competition Appeal Tribunal Rejects Subsidy Control Challenge In Lottery Case

DLA Piper on

Last week, the Competition Appeal Tribunal (CAT) decided The New Lottery Company v Gambling Commission. This is the second case in which the CAT has decided a subsidy control case in favour of the public authority, applying...more

A&O Shearman

Delegated Regulations Regarding LMTs Under AIFMD And UCITS Directive Published In OJ

A&O Shearman on

The European Commission has published two Delegated Regulations in the Official Journal of the European Union (OJ): (i) Delegated Regulation (EU 2026/465), supplementing the Alternative Investment Fund Managers Directive...more

Cozen O'Connor

OCC Issues NPRM Establishing Federal Standards for Stablecoin Issuers Under the GENIUS Act

Cozen O'Connor on

The Office of the Comptroller of the Currency (OCC) recently issued a Notice of Proposed Rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the GENIUS Act), which is the first...more

Hanzo

FINRA Record Retention Requirements

Hanzo on

For broker-dealers and financial firms, careful recordkeeping is more than just a best practice. There are strict rules on preserving data, such as internal records and social media posts, and these rules are enforced by the...more

Paul Hastings LLP

NYDFS Offers Suggestions on Multifactor Authentication Implementation

Paul Hastings LLP on

The New York Department of Financial Services (NYDFS) held a webinar on Feb. 26 to provide guidance on the Part 500 Cybersecurity Regulation second amendment’s (Part 500) multifactor authentication (MFA) requirements that...more

K&L Gates LLP

California Announces Acceptance of Digital Asset License Applications Starting 9 March 2026

K&L Gates LLP on

The California Department of Financial Protection and Innovation (DFPI) recently issued an important industry reminder regarding implementation of the California Digital Financial Assets Law (DFAL). The DFPI noted that it...more

Husch Blackwell LLP

Oregon Passes Bill to Opt Out of Federal Rate Exportation

Husch Blackwell LLP on

The Oregon legislature has passed a bill to limit an out-of-state bank’s ability to rely on federal interest rate exportation in connection with certain consumer loans. H.B. 4116 is on the Governor’s desk. If the bill is not...more

A&O Shearman

Delegated Regulation On Equity Transparency Under MiFIR Published In OJ

A&O Shearman on

The Delegated Regulation, amending Delegated Regulation (EU) 2017/567 as regards equity transparency requirements under the Markets in Financial Instruments Regulation (MiFIR), has been published in the Official Journal of...more

Jones Day

Italian SMEs Bill Expands Structuring Options for Inventory Financing Securitizations

Jones Day on

The Italian legal framework—including the Italian securitization law No. 130 of 30 April 1999 (the "Law 130")—already permits inventory financing transactions, but few deals have been executed so far due to limited...more

Cozen O'Connor

Key Signals from the SEC’s Updated Enforcement Manual: Engagement, Transparency, and Process Discipline

Cozen O'Connor on

The SEC’s Division of Enforcement (the Division) recently issued an updated Enforcement Manual (the Manual), its first comprehensive revision since 2017. Although the Manual serves as staff guidance rather than as a rule or...more

Thompson Coburn LLP

5 Things to Know About the SBA’s New MARC Loan Program

Thompson Coburn LLP on

The Small Business Administration (“SBA”) recently approved its first loan under its new Manufacturers’ Access to Revolving Credit (“MARC”) loan program. The initiative establishes a new type of credit for certain...more

Ballard Spahr LLP

OCC Issues Two Final Rules to Reduce Regulatory Burden on Community Banks (National Banks and Federal Savings Associations and...

Ballard Spahr LLP on

The Office of the Comptroller of the Currency (OCC) recently adopted two final rules designed to reduce regulatory burden on community banks. The rules expand streamlined licensing procedures for qualifying community banks...more

A&O Shearman

UK FCA Examples Of Good And Poor Practice For Using Labels Under SDR

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published a new webpage setting out examples of good and poor practice for using labels under the sustainability disclosure requirements (SDR) regime. These examples are based on...more

Thomas Fox - Compliance Evangelist

The PFBCon Podcast: From Mic to Millions: AI-Powered Sponsorship, Licensing & Equity Strategies for Podcasters

Shadeed Eleazer, a prominent business architect, licensing strategist, and U.S. Navy veteran based in Maryland, and Host of the Conversational Currency podcast, presents “Mic to Millions” at the Podcasting for Business...more

Herbert Smith Freehills Kramer

CSSF Circular 26/906: A Consolidated Framework For Governance And Risk Management In Payment And E-Money Institutions - Effective...

The Commission de Surveillance du Secteur Financier (CSSF) published its new CSSF circular 26/906 on central administration, internal governance and risk management (Circular) applicable to payment institutions (PIs) and...more

McDermott+

Assessing ACCESS: Opportunities and risks

McDermott+ on

CMS has released the payment amounts and performance targets for its new voluntary ACCESS model – a condition-based, outcomes-driven payment approach that could reshape how chronic care is delivered in Original Medicare....more

Maynard Nexsen

Client Alert: FINRA Enforcement Program Enhancements

Maynard Nexsen on

As part of FINRA’s efforts to improve effectiveness and efficiency through its “FINRA Forward” initiative, FINRA’s Department of Enforcement recently implemented “common-sense improvements” to its program. The improvements,...more

Skadden, Arps, Slate, Meagher & Flom LLP

European Commission Consults on Private Equity Exits

On 2 March 2026, the European Commission published a targeted consultation on private equity exits and the possible development of multilateral intermittent trading platforms for private company shares....more

Cornerstone Research

SEC Accounting and Auditing Enforcement Activity—2025 Year in Review

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Accounting and auditing enforcement actions (Actions) plummeted to their lowest level in nine years in 2025, the first year of Paul Atkins’s tenure as Chair of the Securities and Exchange Commission (SEC)....more

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