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On October 7, 2025, the FDIC and the OCC jointly issued a proposal to define the term “unsafe or unsound practice” under section 8 of the FDIA (12 U.S.C. § 1818.
FDIC and OCC Issue NPR to Eliminate ‘Reputation Risk’ from Supervisory Programs ...
[1] OCC, Implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act for the Issuance of Stablecoins by Entities Subject to the Jurisdiction of the Office of the Comptroller ...
On October 24, the Federal Reserve Board released two proposals to update its supervisory stress testing framework, seeking comment on enhanced model transparency, disclosure processes, and proposed ...
On August 9, 2023, the Equal Employment Opportunity Commission (“EEOC”) announced the settlement of the agency’s first lawsuit involving the alleged discriminatory use of artificial intelligence (“AI” ...
President Trump’s recent trip to Asia culminated in the announcement of agreements with the governments of Japan, Malaysia, Thailand and China related to critical minerals.
In a Decision that Turned on Market Definition, the U.S. District Court for the District of Columbia Ruled that the FTC Failed to Prove that Meta Illegally Maintained a Monopoly ...
For more information on these and other developments, we encourage you to reach out to your regular Sullivan & Cromwell contact. Highlights In this issue, we discuss key developments in Q3 2025, ...
IRS Announces Intent to Partially Withdraw Previously Proposed Regulations and Provides Interim Guidance Including Revised Rules Governing Domestic Transactions, Troubled Companies and Acquiring ...
Court Asserts Nationwide Refund-Related Authority, Holds that Importers Who Paid IEEPA-Based Tariffs Are “Entitled to the Benefit” of the Supreme Court’s Recent Decision ...
President Trump signed an Executive Order titled “Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors,” which focuses on the “enormous influence” of proxy ...
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