From Lexology

Hong Kong proposes climate risk management guidelines for banks

On 20 July 2021, the Hong Kong Monetary Authority (HKMA) issued draft guidelines (the Draft Guidelines) on the management of climate-related risks by…

27 July 2021

A balancing act - removing barriers to listing whilst maintaining reputation: The FCA's primary markets effectiveness review

Hot on the heels of HM Treasury's consultation on the Prospectus regime, on 5 July the FCA published a consultation on the effectiveness of the…

20 July 2021

FinCEN issues major Anti-Money Laundering Act announcements and appoints new chief digital currency advisor

Agency Issues First National Priorities for Anti-Money Laundering and Counter-Terrorist Financing, Completes Assessment on Potential No-Action Letter…

14 July 2021

President Biden's executive order: a revolution in antitrust enforcement?

On July 9, 2021, President Biden issued the Executive Order on Promoting Competition in the American Economy…

14 July 2021

FRB, FDIC and OCC propose risk management guidance on third-party relationships

The Federal Reserve Board ("FRB"), the FDIC and OCC (collectively, the "Agencies") proposed risk management guidance for the third-party…

13 July 2021

Biden's executive order takes aim at non-competes

On July 9, 2021, President Biden signed an Executive Order seeking to curtail the use of non-compete agreements and other terms of employment that…

13 July 2021

Turkey: BRSA to Focus on Troubled Assets

The Banking Regulation and Supervision Agency (the “BRSA“) made amendments to the Regulation on Credit Transactions of…

12 July 2021

Ransomware preparedness: NYDFS announces additional expectations of regulated entities' cybersecurity programs

Only a few months ago, the New York State Department of Financial Services (NYDFS) published its Cyber Insurance Risk Framework, which announced its…

07 July 2021

Venezuela: Banking authority issues regulations for fintech services

The Office of the Superintendent of Banking Sector Institutions (SUDEBAN) issued Resolution No. 001.21 of 4 January 2021 to regulate the…

05 July 2021

UK Government launches consultations on regulatory reform of capital and wholesale markets

On 1 July, precisely six months after the UK left the European Union, the UK Government’s Chancellor of the Exchequer announced planned reforms…

02 July 2021

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