Focus Insight

Volcker 3.0: The Agencies Propose Relief for Securitizations and Foreign Funds and New Exemptions from the Volcker Rule’s Covered Fund Restrictions

On January 30, 2020, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit…

05 February 2020

Agencies Publish Proposed Volcker 2.0 for Fund Activities

Earlier today, the Federal Reserve Board (“Fed”), the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the U.S…

30 January 2020

Wholesale Market Conduct Risk: Central Bank ‘Dear CEO’ Letter

The Central Bank of Ireland (Central Bank) has issued a 'Dear CEO' letter in relation to wholesale market conduct risk…

29 January 2020

Federal Reserve vice chairman discusses supervision

On January 17, Federal Reserve Vice Chair for Supervision Randal K. Quarles spoke before the American Bar Association Banking Law Committee meeting…

24 January 2020

CFTC Issues No-Action Letters to Smooth the Road Away from the IBORs

On December 17, 2019, three different divisions of the US Commodity Futures Trading Commission (“CFTC”) issued no-action letters intended to facilitate…

23 January 2020

China Accelerates Blockchain Adoption in the New Decade

Authorities in China have cracked down on privately developed cryptocurrency, yet have heavily invested in and encouraged the development of other…

22 January 2020

Investment Bank Compliance Officer Fined by Dubai Regulator and Banned From Working in Dubai Financial Centre for Providing Allegedly False Information

A senior compliance officer employed in Dubai was fined and prohibited from working in the Dubai International Financial Centre for allegedly…

19 January 2020

FTI executive, former monitor, joins Boston-based consulting firm

Neal Hochberg, a former senior advisor at FTI Consulting, has joined Charles River Associates as vice president of its risk, investigations & analytics practice in New York.

17 January 2020

Malaysia joins digital banking revolution - Bank Negara Malaysia issues Exposure Draft on Licensing Framework for Digital Banks

BNM has proposed to adopt a phased approach for the regulation of licensed digital banks. Foundational Phase The first phase (Foundational Phase)…

13 January 2020

European Banking Authority Launches Consultation on Technical Standards Governing Own-Funds Requirements for Non-Trading Book Positions

The European Banking Authority has launched a consultation on its draft regulatory technical standards specifying how institutions should calculate…

13 January 2020

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