07 Nov, 2023 FSOC Overhauls Standards for Designating Nonbanks as Systemically Important By A&O Shearman On November 3, 2023, the Financial Stability Oversight Council (FSOC) released (i) a new “analytic framework” that sets forth how it will...
12 May, 2022 Navigating Legal and Compliance Challenges when Starting Out By Simon Dodds The complexity and uncertainty of law and regulation pose challenges for FinTechs and other startups in the financial services sector....
12 Nov, 2021 U.S. Stablecoin Regulation: Bringing Stablecoins Into The Regulatory Fold By Donna Parisi On November 1, 2021, the President’s Working Group on Financial Markets (“PWG”), joined by the Federal Deposit Insurance Corporation...
20 Oct, 2021 Crypto Regulation, Trends in Blockchain, and Diversity and Women in Fintech: Donna Parisi Interviewed on Nasdaq Trade Talks By A&O Shearman Shearman & Sterling partner and Head of Financial Services and FinTech, Donna Parisi, was interviewed on Nasdaq Trade Talks during New...
21 Sep, 2021 FinTechs May Be Subject To The Bank Service Company Act—And Not Even Know It By A&O Shearman As the relationships between traditional banks and financial technology companies (“fintechs”) become more complex and interconnected,...
10 Sep, 2021 State of Harmony? Money Transmitter Regulators Move to Create Uniformity Across State Lines By A&O Shearman The Board of Directors of the Conference of State Bank Supervisors (the "CSBS") recently approved the Uniform Money Transmission...
18 Aug, 2021 Crypto Regulation in the Spotlight By A&O Shearman The U.S. regulatory landscape for crypto and digital assets is complex, and recent high-profile federal enforcement actions and a slew of...
27 Jul, 2021 Payments M&A is hot, but deals could face antitrust scrutiny By A&O Shearman Shearman & Sterling partner Mark Chorazak recently spoke with Payments Dive for a story about the recent trends toward consolidation and...
08 Jul, 2021 The City Post-Brexit: A Discussion of Global Britain By Barney Reynolds Partner Barney Reynolds (London-Financial Institutions Advisory & Financial Regulatory) spoke on the Centre for the Study of Financial...
17 Jun, 2021 Who’s in charge? An overview of U.S. digital asset regulation By A&O Shearman It is almost impossible to scan the news without seeing multiple headlines relating to cryptocurrency and other digital assets. Perhaps...
24 Sep, 2020 European Commission Sets out EU Digital Finance Strategy By A&O Shearman The European Commission has published a Communication on its EU digital finance strategy for the coming years. The global economy has...
26 Jun, 2020 Telegram Settles With SEC, Agreeing to Return $1.2 Billion to Investors and Pay Penalty By A&O Shearman On June 26, 2020, the U.S. Securities and Exchange Commission (“SEC”) received court approval of its settlement with Telegram Group Inc.,...