News & Analysis as of

Financial Institutions

Secretariat

Political, Economic, and Financial Crime Risk Trends in Latin America

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Enforcement and regulatory conditions observed during 2025 continue to influence cross border risk exposure across Latin America in 2026. These conditions are particularly relevant for financial institutions, illicit supply...more

Hogan Lovells

Credit information: FCA-led remedies proposals published

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The FCA is consulting on some of the FCA-led remedies from the package of measures set out in the December 2023 final report on its Credit Information Market Study (CIMS). These include proposed new mandatory reporting...more

Jones Day

Basel Committee Publishes Report on Synthetic Risk Transfer Markets

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The Basel Committee on Banking Supervision has published a comprehensive report analysing the rise of synthetic risk transfer ("SRT") markets, finding that synthetic risk transfer transactions have become a significant source...more

Ballard Spahr LLP

OCC proposes overhaul of appeals process

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Following on the FDIC’s recent issuance of updated guidelines for appeals of material supervisory determination, the OCC is now proposing to replace the existing guidance for handling appeals of material supervisory...more

DLA Piper

FinCEN Issues Exceptive Relief From Beneficial Ownership Identification And Verification Requirements At Each Account Opening

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On February 13, 2026, the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order (Order) granting certain banks, mutual funds, brokers, and dealers exceptive relief from the...more

A&O Shearman

HMT Guidance On Using Digital Identities With The UK Money Laundering Regulations

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HM Treasury and the Department for Science, Innovation and Technology have jointly published guidance setting out how entities regulated under the UK Money Laundering, Terrorist Financing and Transfer of Funds (Information on...more

Hogan Lovells

Banks’ and EMIs’ new information and account direct deduction obligations under UK Public Authorities (Fraud, Error and Recovery)...

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A Department for Work and Pensions (DWP) consultation on draft Codes of Practice (COPs) on the issuing of information notices and direct deduction orders (DDOs), eligibility verification notices (EVNs), and information...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - March 5, 2026

President Donald Trump Accuses Banks of Undermining GENIUS Act, Urges Passage of CLARITY Act- On March 4, Trump posted on Truth Social accusing the banking industry of undermining the Guiding and Establishing National...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Client Feature — March 2026

This month, we are pleased to feature our client NY Green Bank (NYGB). A division of the New York State Energy Research and Development Authority (NYSERDA), NYGB is a state-sponsored specialized fund that invests in New York...more

A&O Shearman

The Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2026

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The Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2026 has been laid before Parliament. The Order exempts the British Business Bank plc, together with various of its subsidiary companies, and the...more

Venable LLP

Nacha Risk Management Rules

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Starting on March 20, 2026, new Nacha risk management rules (“Rules”) go into effect that require originating and receiving entities, as well as service providers, to implement “risk-based processes and procedures” to detect...more

Kelley Drye & Warren LLP

Vanguard Settles 13-State ESG Antitrust Suit

On February 26, 2026, 13 Republican state attorneys general announced a ​“first-of-its-kind” settlement with The Vanguard Group, Inc. resolving part of a multistate antitrust lawsuit against major asset managers....more

A&O Shearman

UK FCA Confirms Reporting Window On The CCR009 Return For Relevant Ancillary Credit Firms

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The UK Financial Conduct Authority (FCA) has published an updated webpage on the CCR009 return for relevant ancillary credit firms. The update confirms that, for data covering 1 January 2025 to 31 December 2025, the reporting...more

Blake, Cassels & Graydon LLP

Canada Eases Comprehensive Sanctions Against Syria

On February 18, 2026, the Government of Canada announced significant amendments to the Special Economic Measures (Syria) Regulations (Syria Regulations), marking a substantial shift in Canada’s sanctions framework applicable...more

Blake, Cassels & Graydon LLP

A Primer on Canadian Sanctions Legislation - March 2026

Canada, like other major jurisdictions, has a broad range of economic and financial sanctions targeting foreign states and their nationals, as well as various terrorist organizations....more

A&O Shearman

Regulatory monitoring: EU Version - February 2026

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ESRB: Report on financial stability risks from linkages between banks and the non-bank financial intermediation sector - The ESRB published a report on financial stability risks from linkages between banks and the non-bank...more

Pillsbury Winthrop Shaw Pittman LLP

Office of the Comptroller of the Currency Proposes GENIUS Act Implementing Rules for Payment Stablecoins

On February 25, 2026, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking proposing regulations to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act...more

A&O Shearman

EBA Follow-Up Report On ICT Risk Assessment Under SREP

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The European Banking Authority (EBA) has published a follow‑up report to its 2022 peer review on information and communication technology (ICT) risk assessment under the Supervisory Review and Evaluation Process (SREP). The...more

A&O Shearman

UK PRA Final Policy On Reforms To Credit Union Investment Rules

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The UK Prudential Regulation Authority (PRA) has published policy statement PS5/26, finalising amendments to its framework for credit unions wishing to invest in credit union service organisations (CUSOs). Following its June...more

K2 Integrity

A Macro View on Geopolitical and Economic Risk: Supervisory Priorities for 2026

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Geopolitical and economic risk are increasingly shaping the regulatory and operating environment for financial institutions. Sanctions updates, export controls, trade actions, and supervisory expectations now shift in real...more

Krieg DeVault

U.S. Treasury Releases AI Risk Management Tools for Financial Institutions

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The U.S. Department of the Treasury has released two new artificial intelligence (“AI”) resources intended to help banks and other financial institutions adopt AI more securely and consistently: (1) an Artificial Intelligence...more

Cooley LLP

US Treasury Releases New AI Risk Management Resources for Financial Institutions

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The US Department of the Treasury recently announced two new resources to assist with the adoption of artificial intelligence (AI) in the financial services sector....more

A&O Shearman

Multilateral Finance And Climate Action: Was COP 30 A Breakthrough?

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Multilateral financing goes to the essence of the Paris Agreement Article 9 commitment: that developed countries must provide assistance to developing countries for climate mitigation and adaptation. That commitment is now...more

Orrick, Herrington & Sutcliffe LLP

OCC conditionally approves national trust charter for digital assets-focused bank

On February 20, the OCC granted preliminary conditional approval for a charter application to establish a de novo national trust bank, which will be limited to trust company operations and related activities, including...more

Orrick, Herrington & Sutcliffe LLP

OCC announces enforcement actions for February 2026

On February 19, the OCC announced the termination of five enforcement actions dating back to 2022. The OCC stated that it terminates enforcement actions when banks have demonstrated compliance with all articles of the...more

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