With 2023 set to be an important year for regulatory developments in the litigation funding industry, an early sign of progress has emerged in Europe. Whilst the European Union may still be in the process of examining tighter restrictions and
Financial
NYDFS Proposes Guidance on Climate Change Risk Management
The Guidance would increase expectations for regulated financial institutions to identify, measure, monitor, and control climate-related financial risks.
By Betty M. Huber, Arthur S. Long, Pia Naib, Austin J. Pierce, and Deric Behar
For the past…
New Jersey federal court rules misleading collection letter alone does not establish Article III standing
In an unpublished opinion, a New Jersey federal district court has ruled that a plaintiff did not have Article III standing to assert a claim under the Fair Debt Collection Practices Act based solely on her receipt of an allegedly…
PRA Dear CEO letter on 2023 supervisory priorities for banks active in the UK
On 10 January 2023, the PRA published a letter setting out its 2023 supervisory priorities for banks active in the UK.
The priorities include the following:
- Financial resilience: The PRA will continue to focus on financial resilience, through ongoing assessment
…
PRA Dear CEO letter on 2023 supervisory priorities for UK deposit takers
On 10 January 2023, the PRA published a letter setting out its 2023 supervisory priorities for UK deposit takers.
The priorities include the following:
- Credit risk: In recent years, firms have tightened underwriting standards, enhanced forbearance tools, and increased operational
…
More About CorpFin’s Updated Non-GAAP Measures
As we mentioned in this post, on December 13, 2022, the SEC updated several non-GAAP Compliance and Disclosure Interpretations. One of the updates relates to a frequent comment area, the use of “tailored accounting principles.” This can be a complex issue:…
Guest Post: Can Exclusive Derivative Forum Selection Provisions Survive Ninth Circuit’s En Banc Review?
Sarah Voutyras and Melanie Saponara
Readers of this blog know that one of the litigation risk management steps well-advised companies are taking in the current litigation environment is the adoption of forum selection bylaws, including, in…
Monthly Global FinTech regulatory updater
Every month we provide the Global Blockchain Business Council’s Post-Trade Distributed Ledger group with a global regulatory FinTech updater, the latest version of which can be found here.
Post Trade Distributed Ledger (PTDL) Group is composed of over 40…
Universal Proxy: Early Expectations?
During our recent webcast — “Proxy Season Roundtable: What You Need to Know Now” — Proxy Analytics’ Steve Pantina joined Allison Handy at the 26:02 mark to discuss the potential impact of universal proxy on this proxy season.…