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New Executive Order Pressures Lenders to Account for Citizenship Status in Risk-Based Diligence
Building on prior orders, the White House’s Executive Order 14406, Restoring Integrity to America’s Financial System, pressures financial institutions to integrate citizenship status into their risk-based diligence measures....By: Morgan Lewis
Perpetual Futures Come Onshore: The CFTC's New Regulatory Framework
After years of regulatory ambiguity that pushed perpetual futures trading offshore, the CFTC has finally drawn a clear line in the sand and is encouraging the industry to step inside....By: Katten Muchin Rosenman LLP
[Video] AI in Financial Services in 5 Stories - Week Ending June 5, 2026
Welcome to AI in Financial Services in 5 Stories. A practical weekly roundup of the five most important AI developments affecting banking, insurance, payments, asset management, and fintech. Each Friday, Tom Fox will break down the top stories that matter most through the lenses of compliance, risk management, governance, and business strategy. Designed for compliance professionals, executives, legal teams, and financial services leaders, it goes beyond headlines to explain why each development...By: Thomas Fox - Compliance Evangelist
[Video] Daily Compliance News: June 5, 2026, The Profit Disgorgement Edition
Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional. Top stories include: • Sanctions gaps and ABC governance risks....By: Thomas Fox - Compliance Evangelist
ESAs Publish First Report on Major ICT-Related Incidents Under DORA
On 3 June 2026, the three European Supervisory Authorities (the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority, together the ESAs) published their first annual overview of major information communication and technology (ICT)-related incidents in the EU financial sector that occurred in 2025 (Report), drawing on the reporting mechanism established pursuant to the EU Digital Operational Resilience Act (DORA)....By: Katten Muchin Rosenman LLP
California Court Rejects DFPI Fintech True Lender Challenge
Stemming from a case filed in 2022 against the fintech Opportunity Financial, LLC (“OppFi”), the Central District of California issued a decision on May 19 finding that OppFi’s bank partner, FinWise Bank, was the true lender with respect to consumer loans made through their bank-fintech partnership....By: Cadwalader, Wickersham & Taft LLP
Mayer Brown Submits Comment Letter on DOL Proposed Investment Selection Rule on Behalf of Coalition of Investment Managers and Investment Advisers
Mayer Brown partners, Erin Cho and Rick Nowak, submitted a comment letter on behalf of the Coalition for Modern Retirement Solutions (“CMRS”) to the US Department of Labor’s Employee Benefits Security Administration ("EBSA") in response to the Department’s proposed rule on Fiduciary Duties in Selecting Designated Investment Alternatives. The comment letter supports the Department’s asset-neutral, process-based approach to complying with ERISA’s duty of prudence when evaluating and selecting...By: Mayer Brown
U.S. Supreme Court Sides with Pension Fund on Timing of Actuarial Assumptions Used for Withdrawal Liability Calculations
The United States Supreme Court recently ruled unanimously that the actuary for a multiemployer pension plan (“MPP”) may select actuarial assumptions used to calculate withdrawal liability after the measurement date, provided that the assumptions are reasonable, take into account the experience of the plan and reasonable expectations, and reflect the actuary’s best estimate. This decision gives the trustees of multiemployer plans more flexibility when calculating withdrawal liability....By: Haynes Boone
In Case You Missed It — 30 Block: Crypto & Compliance Forum 2026
Haynes Boone recently hosted its inaugural 30 Block: Crypto & Compliance Forum, bringing together digital asset market participants, lenders, issuers, infrastructure providers and institutional and retail leaders to discuss the evolution of digital asset markets. Across the forum’s four panels — Lending and Securitization, Off-Exchange Settlement, the Future of Derivatives Documentation and Markets, and Tokenization of Real Assets — participants discussed how digital asset markets are...By: Haynes Boone
[Audio] The Debanking Debate: Regulators, Risk, and Reality for Payments — The Consumer Finance Podcast
In this special crossover episode of The Consumer Finance and Payments Pros podcasts, Carlin McCrory, Keith Barnett, and Chris Willis explore the federal government's increasing attention to "debanking" and what it means for payment processors, money transmitters, banks, and other financial services providers. They discuss recent federal initiatives and agency activity that have heightened scrutiny of decisions to onboard, maintain, or terminate customers and merchants, particularly where those...By: Troutman Pepper Locke
Getting Traction in European Defence
Barriers to European defence are falling. For companies, investors, and their advisers, success hinges on understanding the new financial and regulatory landscape that’s emerging....By: Goodwin
Private Loans, Preferred Lender Arrangements, and Prohibited Inducements are Back!
In the spring of 2007, New York’s Attorney General initiated a high-profile investigation into what he characterized as unethical conduct across the student loan industry....By: Thompson Coburn LLP
The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 12: Prudential Solvency Regimes in Africa
Prudential regulation across Africa is undergoing significant transformation. Regulators are gradually moving away from traditional, rules-based solvency requirements and adopting risk-based frameworks that better reflect insurers’ actual risk profiles, drawing inspiration from international standards and regimes such as Solvency II....By: Skadden, Arps, Slate, Meagher & Flom LLP
Unlocking Alternative Assets for 401(k) Plans
The DOL's Proposed Safe Harbor and What It Means for Asset Managers, Advisers, and Plan Sponsors - On March 30, 2026, the U.S. Department of Labor (DOL) released a proposed rule titled "Fiduciary Duties in Selecting Designated Investment Alternatives" (the Proposed Rule), which would establish a process-based safe harbor for plan fiduciaries selecting investment options for 401(k) plans, including options with exposure to alternative assets such as private equity, private credit, real estate,...By: Stinson LLP
Renewable Energy Update 6.3.26
The U.S. installed 9.7 GWh of battery energy storage in the first quarter of 2026, up 32% year over year, marking the highest-ever first-quarter energy storage deployment in the U.S., according to the Solar Energy Industries Association (SEIA)....By: Allen Matkins
From data to deals: AI’s impact on life sciences investing
At our recent European Health & Life Sciences Symposium in Paris, panellists on our “From data to deals: AI’s impact on life sciences investing” session lost no time debating whether AI would have an impact on healthcare and life sciences....By: McDermott Will & Schulte
Treasury, IRS Propose Relaxed Effective Dates for Section 892 Rules
Our Federal & International Tax Group examines newly proposed Treasury Department and Internal Revenue Service (IRS) regulations that would delay the effective dates of Section 892 rules governing foreign government investments, giving foreign governments additional time to structure investments before the more restrictive provisions apply....By: Alston & Bird
DOJ and CFTC Bring New Insider Trading Cases in Prediction Markets
On May 27, 2026, the SDNY and CFTC filed parallel actions against Michele Spagnuolo, a software engineer employed by Google, alleging that he misappropriated confidential corporate information and used it to trade on a decentralized prediction market platform. According to the DOJ’s and CFTC’s complaints, Spagnuolo accessed nonpublic information relating to Google’s “Year in Search 2025” data through internal corporate systems. The complaints allege that......By: Akin Gump Strauss Hauer & Feld LLP
SEC Proposes Sweeping Reforms to Public Company Securities Offerings and Reporting Requirements
On May 19, 2026, the U.S. Securities and Exchange Commission (SEC) proposed two significant packages of rule amendments: (i) amendments to rules and forms governing registered offerings intended to increase efficiency, flexibility, and cost savings for public companies, and (ii) amendments intended to simplify the public company reporting framework and better calibrate disclosure obligations to a company’s size and maturity. The SEC has characterized these proposals and other recent initiatives,...By: Husch Blackwell LLP
Latin America in Focus: Trump Administration Bolsters Regional Focus by Designating Brazilian Organized Crime Groups as SDGTs and FTOs
On 28 May 2026, the State Department announced that it designated Brazil’s two largest organized crime groups—Comando Vermelho (CV) and Primeiro Comando da Capital (PCC)—as Specially Designated Global Terrorists (SDGTs) and that it intends to designate both groups as Foreign Terrorist Organizations (FTOs) effective 5 June 2026. The State Department cited CV’s and PCC’s facilitation of illegal activity, including violent attacks on public officials, drug production and trafficking, weapons...By: K&L Gates LLP
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