The OCC, the Federal Reserve Board and the FDIC proposed long-term debt requirements for large banking entities, holding companies, foreign banking organizations and large insured depository institutions to facilitate resolvability in the event of failure and to reduce the risk of contagion within the financial system.
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Comments on a CFPB proposal to establish a public registry of terms and conditions on form contracts that waive or limit consumer rights and protections are due by April 3, 2023.
The CFPB proposed a registry designed to monitor the use of terms and conditions on form contracts that waive or limit consumer rights and protections.
ISDA offered additional guidance on documentation for the OTC derivatives market in the event of a "no deal" Brexit.
The Office of the Comptroller of the Currency published a "Subordinated Debt" booklet of the Comptroller's Licensing Manual.