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NYDFS Small Business Administration Financial Institutions

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday January 23, 2025

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January 22, 2025 - The U.S. House Committee on Financial Services held the 119th Congress Organizational Meeting....more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday October 17

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October 16, 2024 - New York State Department of Financial Services (DFS) issued new guidance to assist regulated entities in addressing and combating cybersecurity risks arising from artificial intelligence....more

Goodwin

SBA Implemented Changes to PPP as a Part of American Rescue Plan Act

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In this Issue. The federal bank regulatory agencies announced that the temporary change to the supplementary leverage ratio for depository institutions will expire as scheduled on March 31, 2021; the Small Business...more

Goodwin

SEC Issues No-Action Relief On Registered Funds’ Custody Of Loan Interests

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In this Issue. The U.S. Securities and Exchange Commission (SEC) was very active this week, having (i) issued no-action relief allowing registered funds to engage in self-custody of interests in loans that are originated,...more

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