Mayer Brown serves as a trusted advisor to our clients in the consumer financial services industry, a role that we cherish and constantly strive to improve.
Manatt, Phelps & Phillips LLP
On February 16, 2024, the Consumer Financial Protection Bureau (CFPB) issued a procedural rule revising its supervisory appeals process for the first time since 2015.
Earlier in January 2024, the CFPB continued its crackdown on what it decries as "junk fees," releasing a Proposed Rule to curb overdraft fees.
The New York Department of Financial Services (NYDFS) issued final supervisory guidance on January 22, 2024, to New York banking institutions and financial services companies licensed by the NYDFS.
On February 12, 2024, the Federal Financial Institutions Examination Council (FFIEC) issued a concise statement on Examination Principles Related to Valuation Discrimination...
An investigation into the use of off-channel and unpreserved communications by the SEC has led to another 16 firms being fined for recordkeeping failures.
On January 24, 2024, the Consumer Financial Protection Bureau ("CFPB") launched the latest salvo in its war against so-called "junk fees" by issuing a proposed rule that would prohibit...
Kramer Levin Naftalis & Frankel LLP
On Feb. 16, 2024, the board of governors of the Federal Reserve System (the Federal Reserve), the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency...
Market leaders and major investment banks turn to WilmerHale for capital markets legal advice and business advantage.
Katten Muchin Rosenman LLP
Financial Markets and Funds Partner Neil Robson spoke with Compliance Week on how AI could be a useful tool for analyzing a company's data for its ESG reporting and disclosures.
In this webinar, part of the CARES Act Webinar Series, partners Chalyse Robinson, Keith Trammell, Daniel Kearney and Yoon-Young Lee provide an update on the revisions and expansion of the Main...
Our Client Corner: Perspectives from Founders, Financiers, and Friends podcast series hosted by Mintz Member Joshua Fox explores the challenges and rewards...
Ankura Consulting Group LLC
Investing in growth companies involves the deployment of value-creation initiatives and insightful metrics. Delivering profitable growth and managing the risks of an asset hinges on the ability...
The NYDFS issued final supervisory guidance requiring New York-licensed or chartered banking institutions and financial services companies to establish and maintain a framework...
On January 8, 2024, the Digital Assets and Blockchain Technology Subcommittee (the Subcommittee) of the Commodity Futures Trading Commission's (CFTC) Technology...
Ropes & Gray LLP
In an effort to bolster transparency and accountability within the financial services sector, the Financial Conduct Authority (FCA) has begun an examination of non-financial misconduct (NFM) among regulated entities.
Jenner & Block
Last week, the UK's financial services regulator, the Financial Conduct Authority (FCA) issued a notice to provide information to the Lloyd's insurance market to complete a survey on non-financial...
Cadwalader, Wickersham & Taft LLP
As February already begins to wind down and all of us are wondering what we might have missed so far this year, here is a round-up of additional regulatory activities in financial services:
Proskauer Rose LLP
In the middle of 2023, we conducted an informal, small-scale survey to gather insights from prominent non-bank lenders on their activity in the net asset value (NAV) lending market for the first half of 2023.
Alvarez & Marsal
A survey by Alvarez & Marsal's Debt Advisory group with approximately 100 private debt funds across the U.K., Europe and the U.S. shows investors are expecting increased...