Global FinTech & Payments Blog

Tag Archives: dodd-frank

The Systemic Importance of Cloud-Based Service Providers to Banks

US lawmakers urge FSOC to designate cloud-based storage systems used by major banks as systemically important financial market utilities. By Alan W. Avery, Victoria McGrath, and Pia Naib In an August 22, 2019, letter addressed to Treasury Secretary Steven Mnuchin, in his capacity as chair of the Financial Stability Oversight Council (FSOC), Congresswoman Katie Porter … Continue Reading

Are You My Regulator? ABA Surveys US Crypto Regulatory Overlap

A new white paper explores jurisdictional conflicts and the regulatory status of digital assets. By Yvette D. Valdez, J. Ashley Weeks, and Jacqueline M. Rugart Members of the American Bar Association’s (ABA’s) Derivatives and Futures Law Committee recently published a white paper exploring the US regulatory landscape for digital assets (White Paper), including a 50-state … Continue Reading
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