On July 27, 2023, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation issued an interagency notice of proposed rulemaking to implement aspects of the final components of the Basel III agreement, also known as the Basel III end game.

Click here to continue reading the full GT Alert.

Tags: banking and financial services, Federal Deposit Insurance Corporation, FRAC, GT Insight, Office of the Comptroller of the Currency
Print:
Email this postTweet this postLike this postShare this post on LinkedIn
Photo of Marina Olman-Pal Marina Olman-Pal

Marina Olman-Pal is a Co-Chair of the firm’s Financial Regulatory & Compliance Practice. She advises foreign and U.S. financial institutions on a broad range of U.S. federal and state regulatory and compliance matters including licensing/chartering, acquisitions, mergers, divestitures, third-party risk management and oversight…

Marina Olman-Pal is a Co-Chair of the firm’s Financial Regulatory & Compliance Practice. She advises foreign and U.S. financial institutions on a broad range of U.S. federal and state regulatory and compliance matters including licensing/chartering, acquisitions, mergers, divestitures, third-party risk management and oversight issues, BaaS and other bank/fintech-related matters, compliance with Bank Secrecy Act (BSA)/anti-money laundering (AML) laws and regulations, GENIUS Act and fair access law matters.

Marina counsels a wide range of companies in the financial services sector including, domestic and foreign banks, money services businesses including money transmitters, cryptocurrency businesses, Fintech companies, digital payment companies, and non-financial services companies considering new payment or digital wallet models. Throughout her career, Marina has represented clients before U.S. regulators such as the Federal Reserve, OCC, FDIC, FinCEN, OFAC, the Florida Office of Financial Regulation and other state supervisory authorities. Marina also regularly develops anti-money laundering programs for a wide range of financial services businesses and non-financial services businesses including, U.S. and foreign companies active in industries such as real estate, hospitality, automotive and artificial intelligence, among many others.

Read more about Marina Olman-Pal
Show more Show less
Photo of Jonathan R. Cyprys Jonathan R. Cyprys

Jonathan R. Cyprys is a dedicated and trusted advisor and litigator who prides himself on using a practical approach and tactical strategies. Jon’s practice focuses on Securities and Exchange Commission (SEC) and Department of Justice (DOJ) government enforcement investigations, internal corporate investigations, securities…

Jonathan R. Cyprys is a dedicated and trusted advisor and litigator who prides himself on using a practical approach and tactical strategies. Jon’s practice focuses on Securities and Exchange Commission (SEC) and Department of Justice (DOJ) government enforcement investigations, internal corporate investigations, securities and commodities fraud, white collar criminal defense, and broker-dealer arbitration and regulatory matters.

Jon represents various investment and commercial banks, broker-dealers, registered representatives, individuals and publicly and closely-held companies in numerous investigations surrounding allegations of insider trading, anti-trust violations, micro-cap stock transactions, anti-money laundering, supervision, market manipulation, suitability, misrepresentation and reporting issues among others.

Read more about Jonathan R. Cyprys
Show more Show less
Photo of Janiell "Alexa" Gonzalez Janiell "Alexa" Gonzalez

Janiell A. Gonzalez focuses her practice on helping bank and non-bank financial institutions navigate the federal and state regulatory environment governing payments, lending, and consumer financial services. She represents and advises industry leaders in the development and implementation of emerging payment products, including…

Janiell A. Gonzalez focuses her practice on helping bank and non-bank financial institutions navigate the federal and state regulatory environment governing payments, lending, and consumer financial services. She represents and advises industry leaders in the development and implementation of emerging payment products, including Internet- and mobile-based payment products and services. Janiell regularly assists clients with federal money services business registrations, nationwide state money transmitter and lending licensing applications, and ongoing licensing compliance issues. Janiell helps clients design Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)/Office of Foreign Asset Control (OFAC) compliance policies and procedures, conducting independent risk assessments, and providing company-wide training on these topics.

Janiell also serves as the Deputy General Counsel for the Hispanic National Bar Association’s charitable arm, HNBA VIA, where she provides advice on a broad range of legal issues affecting the organization.

Read more about Janiell "Alexa" GonzalezJaniell's Linkedin Profile
Show more Show less
Related Posts
shutterstock_599600549
Federal Reserve Rate Cut Prompts Demand for Derivative Hedging Solutions
September 18, 2025
cryptocurrency in the form of coins
Federal Reserve and FDIC Withdraw Crypto-Asset Guidance for Banks; OCC Issues Clarification for Banks
May 16, 2025
shutterstock_81328552
Fed Issues Proposed Rule Lowering Regulation II’s Debit Interchange Cap
October 26, 2023