News & Analysis as of May 9, 2025

Contract Termination

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UK payment services: final rules limiting rights for PSPs to exit customer relationships laid before Parliament

Hogan Lovells on 5/7/2025

While recent announcements have focussed on the government’s growth agenda, HM Treasury (HMT) has also now pressed ahead with publishing final draft regulations limiting the rights for banks and other payment service...more

Fed Adopts Final Rule Regarding Contract Termination Provisions for Repos, Stock Loans and Swaps with Systemically Important Banks

Proskauer Rose LLP on 9/12/2017

On September 1, 2017 the Federal Reserve voted to adopt a final rule requiring U.S. global systemically important banking institutions ("GSIBs") and the U.S. operations of foreign GSIBs to amend qualified financial contracts...more

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Final Rules › Banks › Contract Termination

UK payment services: final rules limiting rights for PSPs to exit customer relationships laid before Parliament

Fed Adopts Final Rule Regarding Contract Termination Provisions for Repos, Stock Loans and Swaps with Systemically Important Banks

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