On this most up-to-date situation, we talk about numerous federal banking company updates, together with the long-awaited Last Interagency Steerage on Third-Occasion Relationships and the Federal Reserve Financial institution of New York’s report on the feasibility of an interoperable community for wholesale funds, amongst different developments. We additionally handle a number of updates from the SEC, together with the reopening launch for the proposed rule to amend the definition of “alternate” and the elevated give attention to funding adviser advertising, and study proposed stablecoin and crypto asset laws. Lastly, we wrap up this version with regulatory updates from the UK, shopper safety updates, and updates on sure fintech litigations, in addition to an outline of choose legislative developments on the state degree.
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