The Delaware Court of Chancery’s recent decision expands potential Caremark liability to officers for oversight failures, and we can expect to see an increase in books and records deman...
The Federal Reserve is placing high hurdles for banks seeking to engage in most cryptoasset-related activities, and the Biden Administration is also signaling an increased resistance towa...
Our Winter Forecast looks at the landscape for financial regulatory reform across a number of regulatory topics and across agencies. We expect 2023 will be an active year and hope you fi...
The Treasury Department advised Congress last week that the government is expected to reach its debt limit on January 19. After that, Treasury will be required to take “extraordinary me...
The New York Department of Financial Services (DFS) has released guidance that expands the scope of virtual currency activity for which New York banking organizations need prior approval.
While some critics question the value of the metaverse and digital assets, including non-fungible tokens, or NFTs, the recent rise of consumer and market interest in these asset classes h...
The FSOC report assesses the financial stability risks of the crypto-asset ecosystem using a framework for vulnerabilities and shocks pioneered by the Federal Reserve, and makes several r...
Addressing climate change is one of the highest priorities of the Biden Administration, and recent legislation in the United States means that regulatory action by the banking and other a...
