News & Analysis as of

Cross-Border Financial Stability Board

Orrick, Herrington & Sutcliffe LLP

FSB proposes recommendations to enhance cross-border payments under G20 roadmap

On July 16, the Financial Stability Board (FSB) released its proposed recommendations to address issues and promote efficiencies in cross-border payments for public consultation. The recommendations were part of the G20...more

Holland & Knight LLP

Federal Reserve Vice Chair Addresses Climate-Related Financial Risks

Holland & Knight LLP on

Federal Reserve Board (FRB) Vice Chair for Supervision Randal K. Quarles, who also is chair of the Financial Stability Board (FSB), gave a speech on July 11, 2021, to the Venice International Conference on Climate Change,...more

Latham & Watkins LLP

The G7 Draws a Line in the Sand for Global Stablecoins

Latham & Watkins LLP on

Global monetary authorities and financial regulators have responded forcefully to the advent of privately developed global stablecoins. A new report highlights the risks of global stablecoins and enumerates the legal,...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Reform, Not Repeal, Likely for US Swaps Regulations"

Swaps transactions, virtually unregulated before the 2008 financial crisis, are regulated in the U.S. under Title VII of the Dodd-Frank Act. Title VII empowers the Commodity Futures Trading Commission (CFTC), for most swaps,...more

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