On May 9, President Trump signed a Congressional Review Act resolution repealing the CFPB’s final rule restricting overdraft fees at large financial institutions. The rule, originally finalized under the Biden administration, would have imposed new limits on overdraft fees charged by
On 15 May 2025, HM Treasury (HMT) announced that it has laid the Financial Services and Markets Act 2023 (Private Intermittent Securities and Capital Exchange System Sandbox) Regulations 2025 (SI 2025/583) (the Regulations). The Regulations have been published on legislation.gov.uk
Burkhard Fassbach
As this blog’s readers know, DEI as a topic has proven to be a high priority under the new Trump administration. The administration’s approach to DEI is important not only for domestic U.S. companies, but also for multinational
Today’s podcast show is a repurposed webinar that we produced on April 22nd, titled “Navigating State AG Investigations: A Playbook For Financial Services Companies.” State Attorneys General (AG) investigations can present significant challenges for businesses and legal practitioners. We offer
On 15 May 2025, the Payment Systems Regulator (PSR) published a thought piece on ‘The story so far: A snapshot of what we’ve seen since our APP scams reimbursement requirement went live’. The publication includes reflections from PSR
On 15 May 2025, the Pensions Dashboards Programme (PDP) published its latest progress update report following the connection by the first pension providers and schemes to the dashboards ecosystem.
Progress outlined in the update includes:
Those involved in internal investigations and regulator/auditor communications at regulated firms will be interested in the FCA’s recent publication of a First Supervisory Notice in respect of Direct Trading Technologies UK Ltd (the Firm). Some key takeaways as follows but
In May 2025 the High Court declared that the National Energy Regulator has no authority to require licences under the Gas Act of 2001 for upstream gas production activities authorised under a valid production right issued in terms of the
SIFMA and the SIFMA Asset Management Group urged the SEC to “apply existing and well-understood securities regulatory principles to digital assets, rather than creating a distinct architecture for this class of assets and transactions.”
The full update can be found
At the fourth SEC Crypto Task Force roundtable, SEC Commissioners framed the regulatory issues over asset tokenization.
The full update can be found here on our US Regulatory Intelligence platform.