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Banking Sector FinTech Financial Regulatory Reform

McGlinchey Stafford

Podcast: Deep Dive into the Regulatory Landscape of Bank Partnerships Featuring American Fintech Council CEO, Phil Goldfeder [More...

McGlinchey Stafford on

McGlinchey attorneys Robert Savoie and Rachael Aspery are joined by Phil Goldfeder, the CEO of the American Fintech Council, in this installment of the Deep Dive into Bank Partnerships. The podcast focuses primarily on...more

Skadden, Arps, Slate, Meagher & Flom LLP

Investing in Fintechs – Navigating the UK Regulatory Approval Process

As the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) consider feedback to their consultation on guidance regarding the UK change-in-controller regime (consultation paper 25/23), we provide a...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 44: Principles Over Prescriptions: Rethinking Fintech Regulation

RegFi hosts Jerry Buckley and Sasha Leonhardt welcome Tom Brown, Partner and General Counsel at Nyca Partners, a venture capital firm specializing in fintechs. Tom provides a critical analysis of the current financial...more

A&O Shearman

Regulatory monitoring: EU version Newsletter - July 2024

A&O Shearman on

1. Bank regulation - 1.1 Prudential Regulation - (a) General - (i) International - BCBS: Consultation on report regarding various technical amendments and FAQs - Status: Consultation - Deadline for the submission of...more

A&O Shearman

Regulatory monitoring - July 2024

A&O Shearman on

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) International - BCBS: Consultation on report regarding various technical amendments and FAQs - Status: Consultation - Deadline for the submission of...more

A&O Shearman

Operational resilience feedback from UK Financial Conduct Authority

A&O Shearman on

Firms have just over six months until the transition period for implementing the UK Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and the Bank of England rules and guidance on operational resilience...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 37: Adapting to Change: Fintech's Public Policy Environment

Kate Flocken, a principal at FS Vector, joins RegFi co-hosts Jerry Buckley and Sasha Leonhardt to discuss the increased scrutiny from Congress and regulatory bodies in response to the rapid growth of fintechs, from niche...more

A&O Shearman

UK FCA Financial Crime Guide consultation: more obligations, or old news?

A&O Shearman on

As financial crime compliance pressures grow, the UK Financial Conduct Authority (FCA) continues to emphasise the significance of its Financial Crime Guide (FCG) as part of the overarching regulatory framework for financial...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 34: Bank Partnerships and the Implications of DIDMCA Opt-Outs

Not all of our listeners will be familiar with the Depository Institutions Deregulation and Monetary Control Act of 1980, but pending litigation on state DIDMCA opt outs could upend the bank partnership models employed by...more

Sheppard Mullin Richter & Hampton LLP

Takeaways From the FDIC’s Spring 2024 Consumer Compliance Supervisory Highlights

On March 28, the FDIC released the spring edition of its consumer compliance supervisory highlights. The FDIC supervises approximately 3,000 state-chartered banks and thrifts that are not members of the Federal Reserve...more

Skadden, Arps, Slate, Meagher & Flom LLP

The UK’s Pursuit of Open Finance

In April 2024, the UK government reiterated its vision for open finance, with UK Economic Secretary Bim Afolami (MP) announcing the creation of the Open Finance Taskforce at the 2024 Innovate Finance Global Summit. The...more

A&O Shearman

Regulatory monitoring: EU version Newsletter - March 2024

A&O Shearman on

1. Bank regulation- 1.1 Prudential regulation- (a) General- (i) International- BCBA: Basel III monitoring report- Status: Final- BCBS has published its latest monitoring report setting out the impact of the Basel III...more

A&O Shearman

Key Regulatory Topics: Weekly Update 8 - 14 Mar 2024

A&O Shearman on

There were some key publications this week in relation to financial crime, including a Commission request for the EBA to advise on standards and guidelines under the future AML/CFT framework in Europe and, in the UK, an HMT...more

Skadden, Arps, Slate, Meagher & Flom LLP

Fintech Focus Podcast | Are Regulators Dictating Fintech Deal Terms?

Skadden presents the inaugural episode of our podcast “Fintech Focus,” which will explore current trends, news and developments in the fintech space. European counsel and host Joseph Kamyar kicks off the series with colleague...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 20: Regulatory Considerations for Fintech-Driven Commercial Financing

In this episode of RegFi, Orrick Partner Jeff Hydrick joins Jerry Buckley and Sherry Safchuk for a look into the growing role of fintechs and other non-bank financial institutions in commercial financing. The conversation...more

Latham & Watkins LLP

How Proposed Bipartisan Bill Would Reform Bank Exams

Latham & Watkins LLP on

A recent bipartisan bill, if enacted, would particularly benefit small lenders and bank/fintech partnerships by promoting transparency, appellate rights and examiner accountability. On Dec. 14, 2023, a bipartisan group of...more

A&O Shearman

Key Regulatory Topics Weekly Update 16 February to 22 February 2024

A&O Shearman on

Of particular note this week in the EU, the Council adopted the legislative package to strengthen market data transparency which includes changes to the EU’s trading rules on market data, payment for order flow and commodity...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 18: Credit Unions, Fintech and Financial Innovation with Rodney Hood

Credit unions have been a crucial component of the American financial services ecosystem for over a century. Rodney Hood – former Chair of the National Credit Union Administration (NCUA) – joins RegFi co-hosts Jerry Buckley...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 14: Banking Innovation and Supervision with Greg Baer

RegFi kicks off 2024 by welcoming Greg Baer, President & CEO of the Bank Policy Institute (BPI). He shares his perspective on a broad range of topics affecting the banking sector, including the current regulatory landscape,...more

Sheppard Mullin Richter & Hampton LLP

FDIC Issues Order Against Bank Over Fintech Partnership

On November 21, a Washington-based bank confirmed through a public filing that it entered into a consent order with the FDIC alleging that the bank engaged in unsafe or unsound banking practices, primarily related to products...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 7: Fintechs, Bank Partnerships and the Evolution of Financial Supervision with Konrad Alt

"In this episode of RegFi, Jerry Buckley and Caroline Stapleton are joined by Konrad Alt, co-founder of the Klaros Group. Konrad’s diverse career has allowed him to engage with financial services regulation from numerous...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 4: Consumer Reports Evaluates Fintech to Empower Consumers

Delicia Hand, Director of Financial Fairness Advocacy at Consumer Reports, joins RegFi hosts Jerry Buckley and Sherry Safchuk for a conversation about new Consumer Reports initiatives to provide data and tools that empower...more

Goodwin

Federal Reserve Announces Results From the Review of the Supervision and Regulation of SVB

Goodwin on

Regulatory Developments - Federal Reserve Announces Results From the Review of the Supervision and Regulation of SVB - On April 28, the Federal Reserve released its report analyzing SVB’s failure (Report). The Report...more

Hogan Lovells

Nuevas obligaciones de diversificación en colocación de financiamiento y revelación de información aplicable a Bancos

Hogan Lovells on

El 17 de abril de 2022, la Comisión Nacional Bancaria y de Valores (la “CNBV”) publicó en el Diario Oficial de la Federación (“DOF”) modificaciones a las Disposiciones de Carácter General aplicables a las Instituciones de...more

Orrick, Herrington & Sutcliffe LLP

Tennessee enacts Money Transmission Modernization Act

On April 4, the Tennessee governor signed HB 316 / SB 268 to enact the Money Transmission Modernization Act, the money transmitter model law created by industry and state experts. Provisions under the Act amend Tennessee Code...more

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