United States: Finance and Banking

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Finance law and banking law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital adequacy, BASEL, acquisition finance, debt capital markets, fund finance, islamic finance, securitization and structured finance.
Article
Final Cadwalader Issue Of Cabinet; See You In July!
Oregon joins the growing list of states attempting to opt out of federal interest rate exportation laws, while the UK's Financial Conduct Authority proposes significant changes to mortgage regulations aimed at helping first-time buyers and underserved consumers. Trade associations have filed suit challenging Oregon's new consumer finance law, arguing it improperly restricts interstate banking activities and commerce.
United States Finance
CW
Cadwalader, Wickersham & Taft LLP
Article
Supreme Court Rejects Implied Private Right Of Action For Contract Rescission In Investment Company Act
The Supreme Court's landmark decision in FS Credit Opportunities Corp. v. Saba resolves a critical circuit split regarding Section 47(b) of the Investment Company Act of 1940, determining whether activist investors can bring private lawsuits to rescind fund contracts based on alleged regulatory violations. This ruling fundamentally reshapes the litigation landscape for registered investment companies, their directors, and service providers by clarifying the boundaries of federal enforcement mechanisms versu
United States Finance
D
Dechert
Article
Supreme Court Limits Private Rescission Claims Under The Investment Company Act
The U.S. Supreme Court has ruled that Section 47(b) of the Investment Company Act does not create an implied private right of action for rescission, fundamentally reshaping how fund governance measures can be challenged in federal court. This landmark decision narrows federal litigation pathways for activists while elevating the importance of SEC enforcement, state-law claims, and meticulous board governance practices.
United States Finance
GT
Greenberg Traurig, LLP
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Article
Built For One Era, Operating Across Four Generations
Federal banking agencies have issued revised model risk management guidance in SR 26-2, introducing a more explicitly risk-based approach to model governance, validation, and monitoring. While primarily targeting organizations with over $30 billion in assets, the principles-based framework has broader implications for regional and community banks navigating evolving regulatory expectations.
United States Finance
AC
Ankura Consulting Group LLC
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Article
IRS And Treasury Propose Revised Applicability Dates For Section 892 Rules On Foreign Government Investments
The IRS and Treasury have released new proposed regulations under Section 892, revising applicability dates for previously proposed rules from 2025 that govern debt acquisitions and the "effective control" standard for foreign government investments. These revised dates include transition rules designed to protect existing and committed investments from the more stringent 2025 standards, while the preamble signals potential substantive changes to address market concerns.
United States Tax
SA
Skadden Arps Slate Meagher & Flom
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Article
Final Cadwalader Issue Of Cabinet; See You In July!
Oregon joins the growing list of states attempting to opt out of federal interest rate exportation laws, while the UK's Financial Conduct Authority proposes significant changes to mortgage regulations aimed at helping first-time buyers and underserved consumers. Trade associations have filed suit challenging Oregon's new consumer finance law, arguing it improperly restricts interstate banking activities and commerce.
United States Finance
CW
Cadwalader, Wickersham & Taft LLP
Article
Supreme Court Rejects Implied Private Right Of Action For Contract Rescission In Investment Company Act
The Supreme Court's landmark decision in FS Credit Opportunities Corp. v. Saba resolves a critical circuit split regarding Section 47(b) of the Investment Company Act of 1940, determining whether activist investors can bring private lawsuits to rescind fund contracts based on alleged regulatory violations. This ruling fundamentally reshapes the litigation landscape for registered investment companies, their directors, and service providers by clarifying the boundaries of federal enforcement mechanisms versu
United States Finance
D
Dechert
See more