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Policy Statement Final Rules Financial Regulatory Reform

Husch Blackwell LLP

CFPB Reboots Policy Statements for No-Action Letters and Compliance Assistance Sandbox Approvals Days Before Administration Change

Husch Blackwell LLP on

On January 10, 2025, the Consumer Financial Protection Bureau (CFPB) revived its policy statements on No-Action Letters (NALs) and Compliance Assistance Sandbox (CAS) Approvals. These unexpected changes come just days before...more

Proskauer Rose LLP

UK Financial Conduct Authority publishes its final rules for the Investment Firms Prudential Regime

Proskauer Rose LLP on

On 22 October 2021, the UK Financial Conduct Authority (“FCA”) published the final rules of its Investment Firms Prudential Regime (“IFPR”), which will come into force on 1 January 2022. The final rules are contained in legal...more

A&O Shearman

UK Regulators Finalize Resolvability Assessment Framework for Banks

A&O Shearman on

Following their consultation earlier this year, the Bank of England and the Prudential Regulation Authority have finalized the new Resolvability Assessment Framework. The Framework comprises: (i) the BoE's approach to...more

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