11/7/2023 12:08:45 AM 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...
5/2/2023 6:35:02 PM The Regulatory Post-Mortem Reports on Silicon Valley Bank and Signature Bank By A&O Shearman The Federal Reserve released a detailed report on the supervision and regulation of the former Silicon Valley Bank (SVB). The report,...
8/17/2022 12:50:48 PM Fed Imposes New Procedural Roadblock on Banks' Crypto Activities By A&O Shearman Today, the Fed announced a new procedural requirement for banks seeking to engage in crypto activities. Going forward, a bank must...
8/16/2022 10:45:17 AM Fed Finalizes Review Standards for "Master Account" Applications By A&O Shearman On August 15, 2022, the Federal Reserve Board issued guidelines for how requests by fintech and other firms for access to so-called...
1/20/2022 9:56:09 PM Fed Releases Paper on Central Bank Digital Currency By A&O Shearman The Federal Reserve has released a much-awaited paper on the potential for a U.S. central bank digital currency (CBDC). The paper...
11/30/2021 4:19:00 PM Webinar: What A FinTech Needs To Know About Becoming A Bank By A&O Shearman Recently, there has been a significant increase in applications for new bank charters, particularly from FinTechs and payment-related...
11/30/2021 4:12:26 PM Webinar: The Road to Central Bank Digital Currencies By A&O Shearman Shearman & Sterling partner Donna Parisi moderated a panel of experts discussing the outlook for Central Bank Digital Currencies (CBDCs),...
9/10/2021 5:02:57 PM 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...
7/16/2021 2:52:10 PM U.S. Banking Regulators Propose Risk Management Guidance for Bank-Fintech Partnerships By A&O Shearman On July 13, 2021, the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation...
10/22/2019 12:00:00 AM Distilling U.S. Regulatory Environment and Market Access Considerations for Growing FinTechs By A&O Shearman The rise of global FinTech has brought markets together and enabled cross-border business formation and innovation, but local regulations...