Go-To Guide:

  • CFPB proposes rule requiring nonbanks to “register” with the CFPB if they include certain terms and conditions in their form contracts, including in their website terms of use
Continue Reading CFPB Says ‘Show Me The (Consumer Unfriendly) Fine Print’

1. Non-financial misconduct – FCA guidance expected

It is anticipated that in 2023 the Financial Conduct Authority (FCA) will provide further guidance on the increasingly uncertain question of what kinds

Continue Reading 5 Trends to Watch: 2023 UK Contentious Financial Regulation

On Nov. 9, 2022, the New York Department of Financial Services (NYDFS) issued a proposed second amendment to its 2017 cybersecurity regulation for financial service companies.[1] In July 2022

Continue Reading NYDFS Proposes Significant Changes to Its Cybersecurity Regulation

On Sept. 29, 2022, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a final rule, effective Jan. 1, 2024, implementing the beneficial ownership information reporting

Continue Reading Beneficial Ownership Reporting Requirements: FinCEN Issues Final Rule for Implementation of Corporate Transparency Act

On Sept. 29, 2022, the Financial Industry Regulatory Authority (FINRA) released Regulatory Notice 22-20, alerting members to changes to the Sanctions Guidelines (Guidelines), effective immediately. The notice discusses

Continue Reading FINRA Releases Updated Guidelines and Sanctions for Securities Rule Violations