Regulatory Rollback: CFPB’s Withdrawal of Informal Guidance Sparks New Litigation Dynamics – The Consumer Finance Podcast
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These facilities are no longer being viewed only as end-use customers; increasingly, they are being treated as large, dynamic resources whose design, integration, and operation can affect bulk power system reliability. For...more
When the CFPB and Department of Justice withdrew a joint statement on the consideration of immigration status under the Equal Credit Opportunity Act in January 2026, we pointed out that “the agencies could have, but did not,...more
The Federal Reserve, FDIC and OCC jointly reissued interagency guidance documents to further remove references to reputation risk, part of a broader supervisory effort to address debanking that has featured prominently in the...more
Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. Abolition of lifetime allowance: further clarificatory...more
On June 5, 2026, the Internal Revenue Service released Notice 2026-36 announcing its intent to issue proposed regulations under Section 4960 of the Internal Revenue Code addressing the significant expansion under the One Big...more
On June 2, the OCC, the FDIC, and the Fed announced that they have jointly reissued 15 interagency guidance documents to remove references to reputation risk. The documents cover topics including asset securitization,...more
Employers may see changes to long-standing federal guidance on voluntary affirmative action plans. On May 27, 2026, the Equal Employment Opportunity Commission (EEOC) submitted a proposal to the Office of Information and...more
On June 2, the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and Federal Reserve Board (FRB) jointly announced another step in their effort to eliminate “reputation risk” from...more
A new harmonised template (Version 2.0) for participant recruitment and informed consent is now available for all clinical trials conducted in the EU/EEA. The template has been developed by the MedEthicsEU group (consisting...more
The Association of American Pesticide Control Officials (AAPCO) FIFRA 25(b) Workgroup has released updated guidance intended to aid registrants in developing product efficacy data to support claims on products that qualify...more
Regulatory guidance on the use of artificial intelligence (AI) by financial institutions (FIs) in Singapore has evolved significantly in recent years. Two recent guidance documents are particularly important. In November...more
This stone won’t cause much of a ripple. The Equal Employment Opportunity Commission submitted a request to the White House to rescind its 1979 guidance regarding voluntary affirmative action plans. Given the Trump...more
On May 22, 2026, the U.S. Department of Housing and Urban Development (“HUD”) issued an enforcement memorandum permanently rescinding the 2020 guidance on assistance animals and establishing new criteria for evaluating...more
Last week, the Commodity Futures Trading Commission (CFTC or Commission) issued a Staff Advisory (the Advisory) that outlines the Division of Enforcement’s (Division) revised guidance on cooperation for entities and...more
USCIS released a new policy memorandum (PM-602-0199) on May 22, 2026, asserting that adjustment of status (AOS) is an “extraordinary” discretionary benefit that should not “supersede the regular consular visa-issuing...more
The U.S. Environmental Protection Agency (EPA) has activated its Emerging Viral Pathogen (EVP) Guidance for Antimicrobial Pesticides (Guidance) in response to hantavirus, which had been considered to be a rare disease caused...more
The U.S. Food and Drug Administration (“FDA” or “the agency”) recently released two new resources for food companies aimed at driving the prevention of food safety events: (1) a webpage providing information on completing...more
The U.S. Department of Health and Human Services Office of Inspector General (the OIG) recently issued a favorable advisory opinion approving a pediatric dental and orthodontic services provider’s (the Requestor) proposal to...more
The HIPAA privacy and security rules generally apply to protected health information of deceased persons as well as the living...more
The European Securities and Markets Authority (ESMA) has published a resolution briefing for central counterparties (CCPs) under the CCP Recovery and Resolution Regulation (EU) 2021/23 . The briefing provides practical...more
The Single Resolution Board (SRB) has launched a consultation on a draft version of its operational guidance for banks on liquidity and funding in resolution and its annexes. The guidance, originally split across three...more
The Law Society has responded to the Civil Justice Council's consultation on the use of artificial intelligence in preparing court documents. Its position is cautious, but constructive. The response recognises that AI can...more
The IRS has taken oscillating positions on issuing corporate letter rulings on isolated issues in the context of a larger, integrated transaction. Since 2024, taxpayers have been required to request a letter ruling regarding...more
Since Corp Fin recently renamed the CDIs to “CFIs” – “Corporation Finance Interpretations” to the “Compliance and Disclosure Interpretations” – I thought it would be a good time to recount the long history (50 years!) of this...more
The Internal Revenue Service has released updated frequently asked questions addressing educational assistance programs under Section 127 of the Internal Revenue Code, along with a revised sample plan document, Publication...more