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FinCEN Announces “Data-Driven Border Operation to Address Potential Money Laundering”
On December 22, 2025, Secretary of the Treasury Scott Bessent announced that the Financial Crimes Enforcement Network (FinCEN) will continue to target Money Services Businesses (MSBs) in 2026—with an increased use of “data-driven” operations as it pursues money laundering....By: Buchalter
CFPB Restores and Enhances 2020 Interpretation that Earned Wage Access Is Not “Credit”
In late December, the Consumer Financial Protection Bureau (CFPB) issued a new advisory opinion (2025 AO) on earned wage access (EWA) stating that "covered earned wage access" (Covered EWA) does not meet Regulation Z's definition of "credit" and that expedited delivery fees and tips, in the normal course, are not "finance charges." EWA is a financial service that allows employees to receive a portion of wages they have already earned before their scheduled payday......By: Davis Wright Tremaine LLP
OECDs Crypto Asset Reporting Framework: What does this mean for Guernsey
Guernsey has moved quickly to implement the OECD’s Crypto-Asset Reporting Framework (CARF), marking a further significant development for the island’s financial and digital asset sectors. Regulations implementing CARF in Guernsey were made on 30 December 2025 and came into force on 1 January 2026. This follows Guernsey signing the Multilateral Competent Authority Agreement in November 2024 and committing to a common implementation timeline alongside other jurisdictions....By: Walkers
[Video] Investors Prepare to Navigate FDA Crosswinds Ahead of the J.P. Morgan Healthcare Conference
Troutman Pepper Locke partners Chris Miller and Judy O'Grady sit down to discuss recent policy shifts at the FDA and what they mean for life sciences investors attending the 44th Annual J.P. Morgan Healthcare Conference on January 12th....By: Troutman Pepper Locke
[Video] Innovation in Compliance: 10+1 Commandments: A Moral Code for AI Ethics in Business with Cristina DiGiacomo
Innovation comes in many forms, and compliance professionals need not only to be ready for it but also to embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, host Tom welcomes Cristina DiGiacomo, founder of 10P1 Inc. Cristina has an extensive background in communications, business, and practical philosophy. Cristina introduces her ’10+1 Commandments,’ a set of...By: Thomas Fox - Compliance Evangelist
When Fiduciary Duty Goes Wrong: The 403(b) Dress-Down at One Brooklyn Health
The recent complaint against One Brooklyn Health System Inc. hits like a cold gust in a dusty frontier town, sudden, sharp, and full of consequences. The plan is accused of mismanaging its 403(b) by offering expensive “retail” share classes of mutual funds when cheaper, institutional classes were freely available....By: Ary Rosenbaum - The Rosenbaum Law Firm P.C.
GAO Releases Report on the Importance of Federal Home Loan Banks
On Dec. 17, the Government Accountability Office (GAO) released a report titled “Federal Home Loan Banks: Role During Financial Stress and Members’ Borrowing Trends and Outcomes.” The report examines (1) banks’ Federal Home Loan Bank (FHLBank) borrowing trends from 2015 through June 2025; (2) associations between FHLBank borrowing and outcomes; (3) policy considerations for potential changes to FHLBank lending; and (4) communication between FHLBanks and relevant federal agencies, especially...By: Brownstein Hyatt Farber Schreck
[Video] Daily Compliance News: January 6, 2026, The Corruption Costs Lives Edition
Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional. Top stories include: • Dealing with past trauma is critical for CEOs....By: Thomas Fox - Compliance Evangelist
Attention Lenders: New Jersey Issues Disparate Impact Regulations
The New Jersey Division on Civil Rights (the “Division”) recently finalized revisions to the state’s disparate impact regulations. The regulations implement New Jersey’s Law Against Discrimination (“LAD”), which state Attorney General Matthew Platkin describes as the “oldest and strongest state civil rights law in the country.” Certainly, the LAD predates the federal Civil Rights Act by nearly 20 years....By: Mayer Brown
Illinois Revamps the Scope of its Collection Agency Licensing Law
Illinois is making important changes to the scope of the state’s Collection Agency Act and the reach of its collection agency licensing obligation. Recent amendments to the state’s collection agency licensing law that go into effect on January 1, 2026 make significant changes to the exemptions under the law, and the new legislation appears to resolve historical ambiguity related to the statute’s application to persons collecting debts that they originated and own (“first-party” collectors)....By: Mayer Brown
26 Trends Affecting Capital Markets in 2026
On this blog, we have commented quite a number of times regarding a number of trends affecting our capital markets—many of which have been a factor since the early 2000s and which have become more pronounced since the adoption of the Sarbanes-Oxley Act and related reforms. For example, we have noted the decline in the number of U.S. public companies, and the rising significance of the private markets....By: Mayer Brown Free Writings + Perspectives
Ohio Walks Back Prior Small Loan Act Guidance, Eases Licensing Position for Bank Partnerships
Around Christmas 2024, the Ohio Division of Financial Institutions (“DFI”) left a lump of coal in marketplace consumer lenders’ proverbial stockings by issuing guidance that asserted a license under the Ohio Small Loan Act (“SLA”) was required to arrange consumer loans of $5,000 or less in exchange for compensation—even if those loans were issued by federally insured banks pursuant to their authority under federal banking law....By: Mayer Brown
Certification tracker of UK competition class actions (CPO applications) filed at the Competition Appeal Tribunal (UPDATED)
The graphic below tracks the number of competition class actions (CPO applications) filed at the Competition Appeal Tribunal (CAT) since the introduction of a new 'opt-out' regime in the UK in October 2015, as well as the certification status of those applications and certain key details about the nature of the claims....By: Herbert Smith Freehills Kramer
Financial Services Snapshot: What FI Employers Need to Know About 4 Key California Laws for 2026
California has a slate of new 2026 laws affecting workplaces throughout the state, and financial services employers will be especially impacted by new requirements. This Insight will not only recap four key legislative changes that you need to take into account but provide a practical summary of the specific ways that you should respond to come into compliance....By: Fisher Phillips
The Court Hears Arguments in Trump v. Slaughter: The End of Humphrey’s Executor?
On December 8, the Supreme Court heard arguments in Trump v. Slaughter, a case that will likely result in implications beyond the fate of a fired Federal Trade Commissioner, Rebecca Slaughter. As we previously covered, President Trump fired Slaughter from her role with the Federal Trade Commission in March of this year, informing her and another Commissioner that their continued service would be “inconsistent with [the] administration’s priorities.” That firing was one of several the President...By: Cranfill Sumner LLP
2025 Year-End Review: Competition and Antitrust
2025 was characterized by a clear trend of stepped-up law enforcement by the Israel Competition Authority and the Israeli court system. 2025 also saw an expansion of the types of offenses subject to criminal punishment, far harsher criminal sentencing, stricter administrative fine policies, and broader exposure to civil lawsuits....By: Barnea Jaffa Lande & Co.
Nuevas medidas tributarias en Colombia para 2026: Declaratoria de emergencia económica
En el marco del Estado de Emergencia Económica, Social y Ecológica declarado por el actual gobierno de Colombia el 22 de diciembre de 2025, el Gobierno nacional expidió el Decreto 1474 del 29 de diciembre de 2025, adoptando medidas tributarias extraordinarias para atender los gastos del Presupuesto General de la Nación (PGN)....By: Holland & Knight LLP
A fireside chat with the UK Financial Conduct Authority (FCA) on sustainable finance, the transition to net zero, sustainability reporting and defence
On 19 November 2025, we were pleased to welcome Alicia Kedzierski, Head of the Sustainable Finance Department at the Financial Conduct Authority (FCA) for a cozy fireside chat with Rita Hunter, regulatory partner and co-head of our Sustainable Finance & Investment practice. Alicia and Rita discussed a range of issues, including the FCA's current trajectory on sustainable finance, reporting, ESG ratings and transition and answered some of our clients' questions....By: Hogan Lovells
Healthcare & Life Sciences Private Equity Deal Tracker: Platinum Equity Acquires Owens & Minor P&HS
Platinum Equity has announced it acquired the Products & Healthcare Services (P&HS) segment of Owens & Minor....By: McGuireWoods LLP
Interacting with Servicers During Loan Defaults
When a commercial loan falls into default, borrowers often assume the greatest risk comes from the lender’s enforcement tools, such as foreclosure, receivership, or outright litigation. In practice, however, the party with the most immediate day-to-day impact is often the loan servicer....By: Woods Rogers
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