After months of deliberation, US President Joe Biden has nominated a Comptroller of the Currency in former Davis Polk & Wardwell attorney Saule Omarova, who would be the first woman and person of colour to permanently fill the role.
24 September 2021
Trade organisation ISDA has called for reform in the ESG-friendly investment sector, calling on market participants to adopt quantitative key performance indicators to verify that sustainability-linked derivatives meet their stated goals.
15 September 2021
Zurich-based FMI operator Six, advised by Heuking Kühn Lüer Wojtek, has obtained the first-ever Swiss licence for a central securities depository to use distributed ledger technology to support digital currencies.
13 September 2021
The US Office of the Comptroller of the Currency has proposed abolishing last year’s contentious reforms to implementation of the Community Reinvestment Act, bringing a pending lawsuit against the rulemaking to a pause.
09 September 2021
The Singapore Exchange is rolling out easier guidelines for special purpose acquisition companies, making it the first major bourse in Asia to list blank cheque companies.
06 September 2021
South Korea is set to form a cryptocurrency supervising body, as Brazil’s central bank announces plans for a national cryptocurrency framework.
31 August 2021
The Netherlands' data protection regulator has licensed banks to share data on individuals who “pose a threat” to the financial system.
24 August 2021
A report prepared for a regulator’s investigation of alleged market manipulation in aid of the 2017 blockade against Qatar does not have litigation privilege, an English court has ruled, granting a disclosure request from the state in its ongoing dispute with Luxembourg’s Banque Havilland.
19 August 2021
A Bank of New York Mellon managing counsel has joined Fieldfisher's London office, while Ashurst has continued the expansion of its finreg practice with a new partner hire in Sydney.
19 August 2021
Six “game changer” reforms will go live at the start of October in response to the Hayne Royal Commission, Australia’s securities regulator has promised, including breach reporting requirements and changes to product design and distribution requirements.
13 August 2021
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