Banking and Finance

Recent Posts

Federal Reserve Board Approves Final Rules Defining When Significant Nonbank Firms are “Predominantly Engaged in Financial Activities”
Posted on 5 Apr 2013 by Morrison and Foerster LLP

On April 3, the Federal Reserve Board ("Board") published a final rule ("Rule") specifying when a financial company that may be made subject to systemic regulation under Title I of the Dodd-Frank Wall Street Accountability and Consumer... Read More

Systemically Important Nonbank Financial Institutions: FSOC Approves Final Rule
Posted on 16 May 2012 by Morrison and Foerster LLP

On April 11, 2012, the Financial Stability Oversight Council (the "Council") gave more shape to the framework of systemic risk regulation by publishing a final rule (the "Rule") that sets forth the process for the designation of nonbank... Read More

A Whole New Ball Game: “Systematically Important Financial Institution” Designations in the Dodd-Frank Paradigm
Posted on 24 Jul 2012 by K & L Gates LLP

by Daniel F.C. Crowley, Bruce J Heiman, Rebecca H. Laird, Karishma Shah Page, Andres Gil and Collins R. Clark On April 3, 2012, the Financial Stability Oversight Council unanimously approved the release establishing final rules and guidelines for how... Read More