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Fed nominee Raskin withdraws

Joe Biden’s nominee to be the Federal Reserve’s vice chair for supervision has withdrawn her name from consideration, after a key Democratic senator announced his opposition to her confirmation.

16 March 2022

Heads Up: with Jenny Stainsby at Herbert Smith Freehills

“It’s not something you can do on the side.” Herbert Smith Freehills’ global head of financial services regulatory Jenny Stainsby speaks to GBRR about why financial regulation needs a dedicated practice, monitoring the regulatory waves, and how legal practice is like peeling potatoes.

23 February 2022

Paul Hastings recruits Covington’s securities co-chair

Chris DeCresce, co-chair of Covington & Burling’s securities and capital markets practice, has joined Paul Hastings in New York.

16 February 2022

Have your say – the GBRR user survey

GBRR is calling for feedback on what we’re doing well, and what we can do better.

10 February 2022

Climate and cyber dominate Raskin hearing

Republican senators have attacked Fed nominee Sarah Bloom Raskin at her confirmation hearing before the US Senate Banking Committee, with one calling her “dangerous” for her views on the potential role of financial regulators in managing climate risk.

04 February 2022

Raskin leads new Fed nominations

US president Joe Biden has nominated former Federal Reserve governor Sarah Bloom Raskin, an advocate of an interventionist approach to climate risk, as the central bank’s new vice chair for banking regulation, along with nominees to the two vacant seats on its board.

17 January 2022

Natwest names Linklaters alum as GC

Linklaters’ former firmwide managing partner Gideon Moore has joined Natwest as its general counsel.

12 January 2022

OCC search continues as Omarova withdraws

Joe Biden’s nominee for Comptroller of the Currency, Saule Omarova, has withdrawn after centrist Democrats withheld their support.

08 December 2021

ESMA’s Ross to step up, FCA’s Randell to step down

Charles Randell, chair of the UK’s Financial Conduct Authority and Payment Systems Regulator, has announced an early departure from both regulators, while the European Securities and Markets Authority has named executive director Verena Ross as its new chair.

18 October 2021

Heads Up: with Damian Carolan at Allen & Overy – Part 2

“There’s an open question of what is the right structural model for regulation and policymaking in the UK.” In the second of GBRR’s two-part interview with Allen & Overy’s UK head of financial regulation Damian Carolan, we discuss distributed ledger technology, Brexit, ESG, and the drivers of regulatory divergence around the world.

13 October 2021

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