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Thomas Fox - Compliance Evangelist

10 For 10: Top Compliance Stories For the Week Ending December 6, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance stories you need to know to end your busy week. Sit...more

Hogan Lovells

Agentic AI in Financial Services: Regulatory and Legal Considerations

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As AI evolves, agentic AI has emerged as one of 2025's defining tech trends - autonomous AI systems capable of decision-making and executing complex tasks with limited or no human input. Financial institutions are already...more

Goulston & Storrs PC

New LME Strategy Targets Sacred Payment Rights Through Grace Period and Default Amendments

Goulston & Storrs PC on

Market participants are increasingly focused on a developing liability management strategy in which borrowers and majority lenders are exploring whether amendments to grace periods and Event of Default provisions can be used...more

Mayer Brown Free Writings + Perspectives

Bringing Back Smaller IPOs?

Earlier this week, Securities and Exchange Commission Chair Atkins gave remarks that provided a perspective on measures intended to promote capital formation.  Speaking at the New York Stock Exchange, of course, he noted the...more

Hogan Lovells

UK Proposals for the Regulation of ESG Ratings

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From 29 June 2028, any firm wishing to provide certain types of “ESG rating” in the UK will need FCA authorisation. The government consulted on this in 2023, and in October 2025 it published draft legislation to implement...more

Akerman LLP

SEC Releases 2026 Examination Priorities: Key Implications for Private Fund Advisers

Akerman LLP on

Summary Exam focus remains anchored in longstanding concerns: fiduciary duties, conflicts of interest, valuation, fees and expenses, operational resiliency, and disclosures and filing obligations, despite greater transparency...more

Nelson Mullins Riley & Scarborough LLP

2026 Cost-of-Living Adjustments for Benefit Plans

The IRS has released the 2026 cost-of-living adjustments to certain limits, thresholds and penalties that apply to employee benefits plans and programs. The following charts provide the applicable limits for 2026 in...more

Orrick, Herrington & Sutcliffe LLP

SEC Further Delays Securities Lending and Short Position Reporting Compliance

On December 3, 2025, the Securities and Exchange Commission (SEC) issued an exemptive order extending the compliance dates for two rules: Rule 10c-1a (Reporting of Securities Loans) Rule 13f-2 (Short Position and Short...more

Hogan Lovells

Payments Conference 2025 – Key Takeaways

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On 20th November 2025 we were delighted to host banks, payments firms, FinTechs, legislators, regulators, and policymakers at our London office for the Hogan Lovells Payments Conference 2025. At the event we explored key...more

Hogan Lovells

Streamlined Measures on Post-Authorisation Matters for SFC-Authorised UCITS Funds in Hong Kong

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Under the current regime, eligible UCITS funds from specified jurisdictions are afforded a streamlined authorisation process with the SFC in order to be marketed and sold to retail investors in Hong Kong.  All SFC-authorised...more

Hogan Lovells

Mutual Recognition of Funds Between Ireland and Hong Kong: A Guide for Irish UCITS Seeking Hong Kong Market Access

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In May 2025, the Securities and Futures Commission (the “SFC”) formally launched the mutual recognition of funds arrangement between Hong Kong and Ireland (the “Ireland-HK MRF”) in collaboration with the Central Bank of...more

Cadwalader, Wickersham & Taft LLP

Relationships, Rigor and Relentless Detail, December 2025 - Player Profile - Meet Mike Wiederecht and Matt Ziemer

Based in New York, Mike has over 13 years of banking experience, and a degree in finance and mathematics from the University of Notre Dame. With PNC since 2014, Matt is based in Philadelphia and has a degree in economics and...more

Parker Poe Adams & Bernstein LLP

Cyberattack Targets in 2025: Which Industries Get Hit, How Attackers Get In, and What the Law Now Expects

Companies that map data breach trend lines against industry-specific obligations can convert raw statistics into risk governance strategies. This exercise can be especially valuable amid fast-shifting attack techniques,...more

BCLP

Enhancing Banks’ and Insurers’ Approaches to Managing Climate-Related Risks

BCLP on

On 3 December 2025, the PRA published Policy Statement 25/25 (PS25/25), finalising proposals from CP10/25 and introducing Supervisory Statement 4/25 (SS4/25). This replaces SS3/19 and sets out updated expectations on how...more

Carlton Fields

The Rise of Lifetime Income Options

Carlton Fields on

Traditional pensions, known as defined benefit plans, have been on the decline since their heyday in the 1960s. Guaranteed lifetime income was a key feature of traditional pension plans. Benefits under a plan would be paid...more

Morrison & Foerster LLP

Cross-Border Developments: A Comparison of UK and U.S. Regulatory Frameworks for Stablecoins

Stablecoins—digital tokens designed to maintain a stable value by being pegged to fiat currencies—have emerged as a critical bridge between traditional finance and the digital asset ecosystem. Both the United Kingdom and the...more

Paul Hastings LLP

SFDR 2.0: What Are the Key Proposed Changes?

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The EU Commission estimates that the proposed 15% Taxonomy alignment threshold should be attainable for about half of the current investment funds disclosing under Article 9....more

Conyers

Calling all Independent Non-Executive Directors (INEDs) – the Cayman Islands Needs You!

Conyers on

The old saying that “Independent Directors are like parsley on a fish: technically they are there, but they are largely decorative” is now very much defunct in the context of the Cayman Islands (re)insurance industry....more

McDermott Will & Schulte

California market-based sourcing rules to impact asset managers

Under a regulation recently finalized by the California Franchise Tax Board (FTB), fees received by asset managers may be subject to income tax in California based on the domicile of a fund’s underlying investors or...more

Skadden, Arps, Slate, Meagher & Flom LLP

The PRA’s Discussion Paper on Alternative Life Capital: A New Dawn?

On 14 November 2025, the Prudential Regulation Authority (PRA) published Discussion Paper 2/25, “Alternative Life Capital: Supporting Innovation in the Life Insurance Sector,” which starts the PRA’s engagement with...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Dead 401(k) Plans Tell No Tales

I n Pirates of the Caribbean, Captain Jack Sparrow said, “Dead men tell no tales.” That’s true for pirates, but not for dead 401(k) plans. When a plan dies, it has a lot to say. It whispers through old payroll files, missing...more

White & Case LLP

The Battle For AI Gets Real: How US and European Deal Markets Are Heating Up

White & Case LLP on

While the figures may differ between US and European AI deals, the drivers and challenges are similar, and competition is fierce on both sides of the Atlantic - Artificial intelligence has moved from science fiction to...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

When the Loan Defaults Come Home: A Fiduciary Wake-Up Call

When I read that Securian Financial is joining forces with Custodia Financial to bring their “Retirement Loan Protection” (RLP) program into more in-plan offerings, I immediately thought about how many times I’ve seen plan...more

Sheppard Mullin Richter & Hampton LLP

Federal Reserve Reports Decline in Open Supervisory Findings Across All Bank Portfolios

On December 1, 2025, the Federal Reserve released its semiannual Supervision and Regulation Report describing a broad reduction in outstanding supervisory findings across institutions of all sizes. The report indicates...more

A&O Shearman

EC Adopts Delegated Regulation on Equity Transparency Under MiFIR

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The European Commission has adopted a Delegated Regulation amending Delegated Regulation (EU) 2017/567 as regards regulatory technical standards (RTS) on equity transparency requirements under the Markets in Financial...more

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