At a roundtable discussion hosted by the Federal Reserve Board, bankers and community groups described their experiences with Community Reinvestment Act implementation and proposed amendments to better address underserved areas.
At the 2019 CREFC Annual Conference, Cadwalader Partner David Burkholder debated (i) key differences between LIBOR and SOFR, (ii) issues involved with developing a term SOFR rate and (iii) operational challenges presented by the transition.
Cadwalader attorneys analyzed updated amendments to the EU Capital Requirements Regulation, which are designed to reduce regulatory burden to non-EU subsidiaries that are engaged in local securitization in non-EU countries.
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