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2 months ago | 
arnoldporter.com | Richard Alexander |Robert Azarow |James Bergin |David Freeman
Since taking office on January 20, 2025, President Donald J. Trump has signed a staggering number of Executive Orders 1 and Memoranda,2 and more continue to be issued each day. These executive actions signal President Trump’s aggressive agenda to significantly redefine federal policy in a range of areas.
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Aug 22, 2024 | 
arnoldporter.com | Kevin Toomey |Robert Azarow |James Bergin |Amber Hay
On July 30, 2024, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a proposal to amend its existing regulations governing parent companies of industrial banks and industrial loan companies (collectively, industrial banks). In December 2020, the FDIC formalized its framework for supervising industrial banks in part 354 of the FDIC Rules and Regulations (Part 354).
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Aug 13, 2024 | 
law360.com | Robert Azarow |Amber Hay
By Robert Azarow and Amber Hay (August 13, 2024, 5:00 PM EDT) -- Greater regulatory expectations and heightened scrutiny along with macroeconomic conditions have not supported robust bank mergers and acquisitions activity in the first half of 2024.... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.
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Aug 13, 2024 | 
law360.co.uk | Robert Azarow |Amber Hay
Get instant access to the one-stop news source for business lawyers Register Now! Sign up now for free access to this content Email (NOTE: Free email domains not supported) First Name Last Name Job Title Phone PLEASE NOTE: A verification email will be sent to your address before you can access your trial. Password (at least 8 characters required) Confirm Password Select at least one primary interest: Commercial Litigation Uk Corporate Crime & Compliance Uk Employment Uk Financial Services Uk...
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Jul 19, 2024 | 
mondaq.com | Robert Azarow |Jane Norberg |Kevin Toomey |Paul Nabhan
On June 24, 2024, Eric Gerding, Director of the Division of
Corporation Finance (the Division) of the U.S. Securities and
Exchange Commission (SEC), published a statement regarding certain areas of focus
within the Division's Disclosure Review Program. While Director
Gerding discussed areas applicable to all industries, his statement
put banking registrants on alert regarding disclosures of risks
related to their commercial real estate (CRE) exposure and the use
of artificial intelligence (AI).
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Jul 18, 2024 | 
arnoldporter.com | Robert Azarow |Jane Norberg |Kevin Toomey |Paul Nabhan
On June 24, 2024, Eric Gerding, Director of the Division of Corporation Finance (the Division) of the U.S. Securities and Exchange Commission (SEC), published a statement regarding certain areas of focus within the Division’s Disclosure Review Program. While Director Gerding discussed areas applicable to all industries, his statement put banking registrants on alert regarding disclosures of risks related to their commercial real estate (CRE) exposure and the use of artificial intelligence (AI).
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Jul 17, 2024 | 
mondaq.com | David Freeman |Kevin Toomey |Robert Azarow |Amber Hay
CONTRIBUTING SINCE FEBRUARY 2015
Arnold & Porter is a firm of more than 1,000 lawyers, providing sophisticated litigation and transactional capabilities, renowned regulatory experience and market-leading multidisciplinary practices in the life sciences and financial services industries. Our global reach, experience and deep knowledge allow us to work across geographic, cultural, technological and ideological borders.
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Jul 11, 2024 | 
arnoldporter.com | John Elwood |Richard Alexander |Robert Azarow |James Bergin
Key decisions from the 2023-2024 U.S. Supreme Court term presage a “seismic shift”1 in administrative law that could very well result in “a tsunami of lawsuits”2 against the federal government. At a minimum, the financial services industry is facing significant uncertainty as to what regulations and regulatory decisions will survive legal challenges, and there is potential for some big changes.
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Jun 27, 2024 | 
mondaq.com | Robert Azarow |James Bergin |David Freeman |Amber Hay
On June 20, 2024, the Federal Deposit Insurance Corporation
(FDIC) adopted final amendments to its resolution planning requirements for
FDIC-insured depository institutions (IDIs) with US$50 billion or
more in total assets under the FDIC's regulations at 12 CFR
360.10 (IDI Resolution Plan Rule).
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Apr 1, 2024 | 
mondaq.com | Robert Azarow |James Bergin |David Freeman |Amber Hay
In recent months, the U.S. banking regulators have proposed policy statements focused on providing greater insight on the agencies' review of bank mergers and acquisitions under the Bank Merger Act (BMA).1 On January 29, 2024, the Office of the Comptroller of the Currency (OCC) published a notice of proposed rulemaking (OCC NPRM) to (1) amend its procedures to eliminate expedited processing and the use of streamlined application forms for bank mergers and (2) adopt a policy statement that...
