The US Federal Reserve’s proposed framework for regulation of foreign banks
The Federal Reserve Board’s proposed implementation of Sections 165 and 166 of the Dodd-Frank Act, which require enhanced prudential standards and an early remediation regime for certain large foreign banking organizations, represents a dramatic shift in the Federal Reserve’s approach to supervising and regulating foreign banks. If adopted as proposed, the new regulations could have profound implications for internationally active banks, both foreign and domestic, and could result in fundamental changes in how banks allocate capital and liquidity across jurisdictions.
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News from The Lawyer
Analysis from The Lawyer
As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014.
Footie and telecoms dominate our regular round-up of recent M&A activity, as the threat of rising interest rates kick-started activity among organisations.