News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.
Latest news
Federal Banking Agencies Finalize the eSLR Rule, With Some Adjustments
The federal banking agencies have finalized their rule to recalibrate the enhanced Supplementary Leverage Ratio (eSLR) for U.S. global systemically important bank holding companies (GSIBs) and their covered depository institutions. The final rule sets a simple and transparent limit on a banking organization's leverage......By: Davis Wright Tremaine LLP
OCC Issues Another Crypto-Friendly Interpretive Letter: Permissibility of Riskless Principal Crypto-Assets Transactions
On December 9, 2025, the Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1188 (IL 1188), confirming that a national bank is permitted, as part of the business of banking, to engage in riskless principal crypto-assets transactions....By: Foley & Lardner LLP
What Every Multinational Should Know About . . . U.S. Export Controls & Economic Sanctions
Both the Biden and the Trump administrations have been expanding U.S. export controls (particularly regarding China) and promulgating new and comprehensive economic sanctions. To reflect the increasing risks of these international regulatory regimes, this article is the first in a series that will explore key export control and economic sanctions issues that arise for multinational companies......By: Foley & Lardner LLP
[Podcast] Bangladesh’s Battle with Power, Corruption, and Justice
Bribes wired across borders. Judges who flee the bench. A nation whiplashed between rival leaders while their corrupt regimes leave a money trail a mile long. In this episode, hosts Tatiana Sainati and Diana Shaw sit down with their guest, former FBI agent Debra LaPrevotte, to dissect Bangladesh’s tumultuous corruption saga and the rise of Tarique Rahman, once branded “Mr. 10%.” From secret accounts in Singapore and London to courtroom theatrics and acquittals, we ask the hard question:...By: Wiley Rein LLP
Lowering the Stakes on Exchange Traded Products: IRS Guidance Safe Harbors Staking Activity in ETPs
The Internal Revenue Service published Revenue Procedure 2025-31 (the “Rev. Proc.”), granting safe harbor relief (the “Safe Harbor”) to exchange traded products (“ETPs”) seeking to engage in staking activities on November 10, 2025. Prior to this relief, there was significant uncertainty as to the activities an ETP could undertake while maintaining its classification as an investment trust and a grantor trust......By: Seward & Kissel LLP
SEC Director Daly’s Speech Regarding the Division’s Four-Year Workplan
Who may be interested: Registered Investment Companies; Directors of Registered Investment Companies; Investment Advisers; Hedge Funds - Quick Take: At the December 2, 2025 meeting of the American Bar Association’s Federal Regulation of Securities Committee’s Private Funds Subcommittee and Investment Advisers and Investment Companies Subcommittee in Washington, D.C., SEC Division of Investment Management Director, Brian Daly, highlighted a preference for a pragmatic, incremental approach...By: Seward & Kissel LLP
SFDR 2 0: Proposal for amending regulation published
On 20 November 2025, the European Commission (the Commission) formally published its legislative proposal to amend the Sustainable Finance Disclosure Regulation (SFDR), the PRIIPs KID Regulation and repeal the SFDR Delegated Regulation (SFDR 2.0). The publication follows a leaked draft of the amendments in circulation earlier in November....By: Walkers
Guernsey regulator launches Digital Asset Consultation Paper
The GFSC is driving future growth and positioning Guernsey as a trusted, innovative hub for digital finance and digital assets. The Digital Finance Consultation proposes regulatory changes to support tokenisation, stablecoins and digital asset custody, while also encouraging technology in financial crime compliance. It removes the blanket ban on retail VASPs, which will now be assessed case by case....By: Walkers
[Video] Compliance Tip of the Day – Ethical Deployment of AI Powered Controls
Welcome to “Compliance Tip of the Day,” the podcast that brings you daily insights and practical advice for navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your...By: Thomas Fox - Compliance Evangelist
Crypto Bankruptcy Claw-Backs: Strategic Imperatives for Creditors
The collapse of major digital-asset platforms in recent years has propelled bankruptcy avoidance actions into the spotlight. Among these, claw-back claims under the Bankruptcy Code – especially § 547 (pre-petition preferential transfers) and § 550 (recovery of value from transferees) – present complex, high-stakes terrain for creditors, trustees, and asset-recovery practitioners....By: IR Global
Still in motion – Revisiting our Global FSR Outlook 2025
The 2025 edition of our annual flagship publication, Global FSR Outlook, took as its theme 'perpetual motion'. This seemed to aptly describe how the financial services community felt as we all looked out on the ever shifting geopolitical, technological and socio-economic landscape....By: Herbert Smith Freehills Kramer
Buyer’s Perspective in M&A: Balancing Speed and Diligence in Competitive Auctions
How Buyers Can Win Fast Without Losing Control - In today’s M&A landscape, competitive auctions are increasingly common, especially in industries where private equity is active and strategic buyers are flush with capital. These processes are designed to create urgency, drive up valuations, and reward decisiveness. For buyers, the pressure to move quickly is real. But speed without diligence is a recipe for regret....By: Cranfill Sumner LLP
EBA Consults On Amendments To RTS Under CSDR Prudential Framework
The European Banking Authority (EBA) has published a consultation paper on draft amendments to the regulatory technical standards (RTS) under Delegated Regulation (EU) 2017/390, supplementing the Central Securities Depositories Regulation (CSDR) prudential framework. The changes respond to the CSDR Refit (Regulation (EU) 2023/2845), which now permits banking CSDs to provide banking-type ancillary services to participants of other CSDs, including foreign currency cash settlement....By: A&O Shearman
CFPB Signals It Will Issue Interim Open Banking Rule as Funding Lapse Approaches
On December 10, in a federal court filing, the CFPB stated that it plans to issue an interim final rule revising its open banking framework under the Dodd Frank Act’s Section 1033. The disclosure came in a status report filed in the Kentucky federal court litigation challenge over the rule that directed banks to make account data available free of charge for consumer sharing with fintechs....By: Sheppard Mullin Richter & Hampton LLP
Senate Agriculture Committee’s Bipartisan Draft Would Give the CFTC Exclusive Jurisdiction Over “Digital Commodities”
On November 20, U.S. Senate Agriculture Committee Chairman John Boozman (R‑AR) and Senator Cory Booker (D‑NJ) released a new bipartisan discussion draft to create a federal spot‑market regime for “digital commodities” under the Commodity Futures Trading Commission (CFTC). The proposal, which expands upon the CLARITY Act approved by the House in July, would give the CFTC exclusive jurisdiction over cash and spot trading in covered non‑security crypto tokens, establish registration frameworks for...By: Troutman Pepper Locke
UK FCA Second Cohort Of AI Live Testing Applications To Open In January 2026
The UK Financial Conduct Authority (FCA) has published an update on its AI Live Testing service. The service aims to promote the safe and responsible adoption of AI in UK financial services through a collaborative, real-world testing environment. The live testing service is voluntary and open to firms that have developed AI proofs of concept and are active in UK financial markets, subject to competitive selection criteria....By: A&O Shearman
October 2025 Consumer Litigation Filings: Another Mixed Bag, But Up Over 2024
According to a recent report by WebRecon, court filings under the Fair Debt Collection Practices Act (FDCPA) and Fair Credit Reporting Act (FCRA) rose by double digits while litigation under Telephone Consumer Protection Act (TCPA) trended down. Complaints filed with the Consumer Financial Protection Bureau (CFPB) were also down. Yet, everything is up YTD and looks like it will end that way....By: Troutman Pepper Locke
[Video] AI Today in 5: December 12, 2025, The Person of the Year Edition
Welcome to AI Today in 5, the newest edition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest related to AI. Top AI stories include: • AI Architects are Time’s Person of the Year. (Time):...By: Thomas Fox - Compliance Evangelist
Financial Regulatory Roundup December 2025
We’re pleased to share the December edition of our Financial Regulatory Roundup Newsletter, highlighting key developments shaping the financial regulatory landscape....By: Haynes Boone
Economic Crime Update: Budget 2025
The Budget 2025 introduces a series of targeted measures to strengthen the UK's approach to economic crime and fraud enforcement. While these changes are incremental rather than transformative, they reflect the government's continued focus on tackling money laundering, tax evasion, and fraud across both the private and public sectors. Below, we outline the key developments for firms in relation to economic crime. These Budget measures now sit alongside the government’s new Anti-Corruption...By: Hogan Lovells
Showing 301 to 320 of 3888 entries
