Global Financial Markets

Home Equity Investment (HEI) Contracts Apr 8, 2025 17:15 In this podcast episode, partner Holly Bunting discusses the evolving regulatory landscape for home equity investment (HEI) contracts, which have gained popularity as an alternative to traditional home equity lines of credit amid rising interest rates. HEI contracts are typically structured as real estate option contracts, where providers make an upfront payment to homeowners in exchange for a fu

What to Expect in Securitization in 2025 Mar 20, 2025 29:03 Please join Mayer Brown partners Frank Doorley, Patrick Healy, Janice Kong, and Tameem Zainulbhai for a discussion on What to Expect in 2025 in the fields of structured finance and securitization. They will examine some key challenges and opportunities this new year will bring to market participants, and discuss trending issues and topics affecting the structured finance and securitization market

What to Expect in Banking In 2025 Feb 13, 2025 27:21 Since President Donald Trump took office last month, his actions have marked a significant shift in federal policy, paving the way for the creation of a new regulatory framework impacting banks, financial services, and the digital assets sector. This sets the stage for what promises to be a busy year ahead. Join Mayer Brown partners Jeffrey Taft and Matt Bisanz as they share what to expect in th

FinCEN Confirms Suspension of Corporate Transparency Act Feb 5, 2025 18:16 FinCEN has confirmed that, since December 7, 2024, reporting companies have not been, and will continue to not be, required to file beneficial ownership reports for as long as an injunction of the CTA remains in effect. Please join Mayer Brown partners Matt Bisanz and Gina Parlovecchio to understand what that means and how it may impact your organization.

FDIC's New Recordkeeping Proposal Oct 17, 2024 21:04 Last month, the FDIC proposed rules related to FDIC pass-through insurance coverage. These rules could have a significant impact on bank-fintech partnerships, including some partnerships for programs that do not promise FDIC coverage to end customers. This webinar will analyze the proposed rules, and identify ways we think it could impact these partnerships (including some that may not be obvious

Regulatory Redux: FDIC Proposes Brokered Deposit Revisions Aug 7, 2024 19:32 On July 30, 2024, the FDIC proposed revisions to the restrictions on brokered deposits. The revisions would undo many of the key elements of the 2020 revisions, and would dramatically expand the number of deposit brokers and the amount of deposits that are brokered. Please join Mayer Brown partners Jeffrey Taft and Matt Bisanz to understand what this rollback will mean for banks and deposit inter

Key Takeaways from the CFPB Proposal to Amend Regulation X Mortgage Servicing Rules Jul 23, 2024 34:59 Members of Mayer Brown's Financial Services team summarize the main takeaways of the CFPB's proposal to amend the Regulation X mortgage servicing rules. We focus on the proposal to amend the requirements for mortgage servicers to assist borrowers in default who seek payment assistance, the proposed amendments to foreclosure safeguards during that process, and the CFPB's proposal regarding providi

FinCEN Requires Reporting from Dissolved Companies Jul 17, 2024 24:12 On July 8, 2024, the Financial Crimes Enforcement Network ("FinCEN") issued interpretive guidance that requires certain legal entities that have been dissolved or otherwise ceased to exist to file beneficial ownership information reports under the Corporate Transparency Act. Please join Mayer Brown partners Adam Kanter and Matt Bisanz to understand what that means and how it may impact your organi

CFPB Finalizes Rule Significantly Restricting Credit Card Late Fees Apr 11, 2024 21:03 On March 5, the Consumer Financial Protection Bureau issued a Final Rule that would significantly restrict late fees that consumer credit card issuers may charge to a mere $8—representing approximately a 75% reduction from current levels. Within two days, the Final Rule faced a challenge in the Northern District of Texas by a coalition of trade groups including the United States Chamber of Commer

What You Need to Know About the CFPB's Campaign Against Junk Fees Mar 25, 2024 20:52 The CFPB has launched an aggressive campaign against so-called "junk fees." This year the CFPB has released proposed rules targeting overdraft and non-sufficient funds fees and a final rule targeting credit card late fees. Along the same lines, two of the three latest editions of the Bureau's Supervisory Highlights were marketed as special editions focused on junk fees. In this episode of our Glob

What to Expect in Banking in 2024 Feb 27, 2024 32:19 The end of 2023 saw a barrage of major proposals and other actions by US banking regulators. Many of these are contentious issues that have divided regulators and generated significant public controversy. Final proposals of some could be coming in 2024, but only if they can avoid being crowded out by the federal elections in the fall. Please join Mayer Brown partners Jeffrey Taft and Matt Bisanz

Securitization – What to Expect in 2024 Feb 8, 2024 33:09 Please join Mayer Brown partners Tameem Zainulbhai, Joanna Nicholas, Melissa Kilcoyne, Evan DeCresce and Jim Antonopoulos for a discussion on What to Expect in 2024 in the fields of structured finance and securitization. They will examine some key challenges and opportunities this new year will bring to market participants, and discuss trending issues and topics affecting the structured finance

SEC Adopts Conflict of Interest Rule for Asset-Backed Securities Dec 19, 2023 31:39 The authors of our recent Legal Update provide an overview of the SEC's (Securities and Exchange Commission) recently adopted rule, which prohibits conflicts of interest in certain securitizations as required under the Dodd-Frank Act. Although not perfect, the final rule is a significant improvement over the proposal. However, all securitization participants will need to assess their securitizat

Section 1033 Rulemaking: Redefining Access to Financial Data Dec 14, 2023 30:13 The Consumer Financial Protection Bureau recently proposed an extensive framework of rules to ensure consumer access to certain information at their financial institutions. The rules would require financial institutions to make certain data relating to consumers' transactions and accounts available to consumers and authorized third parties, establish obligations for third parties accessing a consu

Unresolved Issues with the Corporate Transparency Act Dec 7, 2023 42:14 With less than 30 days until the Corporate Transparency Act's beneficial ownership reporting requirement takes effect, questions still abound. While only new entities will be subject to reporting requirements at first, thousands of those are formed every day who will need to understand—and apply—these new regulations with limited guidance. Please join Mayer Brown partners Brad Resnikoff and Matt B

Community Reinvestment Act Overhaul: Finalized Changes to CRA Regulations and How They May Affect Banks Nov 30, 2023 31:55 The US federal banking regulators recently finalized major changes to their decades-old Community Reinvestment Act (CRA) regulations, which will have significant consequences for many US banks. Please join Mayer Brown lawyers Kerri Webb, Kris Kully, and Jeffrey Taft as they discuss: How the final regulations differ from the proposal What the final regulations could mean for large and small b

Operational Risk Considerations Under the US Basel Endgame Proposal Nov 21, 2023 25:32 While the recent US Basel Endgame proposal will affect many elements of the capital rules, it will especially impact operational risk, a new category of capital charge for most banks. Midsize and larger US banking organizations will need to develop extensive loss-event tracking and quantification systems to comply with new operational risk requirements. Smaller banking organizations, while not req

How the Mortgage Markets May Be Affected by the US Basel Endgame Proposal Nov 9, 2023 23:55 In late July 2023, US banking agencies proposed significant revisions to the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. These proposals are critical, as the amount of capital a bank must maintain with respect to any particular loan, investment or activity is among the most significant factors in determining whether an activity is profitable,

Market Risk Considerations Under the US Basel Endgame Proposal Oct 31, 2023 28:47 While the recent US Basel Endgame proposal will affect many elements of the capital rules, it will have a particularly significant effect on market risk, where it may increase the capital requirement by more than 50%. Midsize and larger US banking organizations and others with significant trading activity also will need to develop extensive position identification, modeling, and governance systems

How Commercial Real Estate Lending May Be Affected by the US Basel Endgame Proposal Oct 23, 2023 17:38 In late July 2023, US banking agencies released proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations. These proposals would have a critical impact on the banking industry, as the amount of capital a bank must maintain with respect to any particular loan, investment or activity is typically a significant—if not th

Long-Term Debt Requirements Proposed for US Regional Banks Sep 20, 2023 26:19 The US federal banking regulators have jointly proposed long-term debt ("LTD") requirements for certain midsize and larger US banking organizations. The LTD proposal would require many regional and larger banking organizations to issue approximately $70 billion of new LTD over the three-year implementation period. Additionally, affected organizations would need to restructure their top-tier holdin

Recent Developments in the CFPB's Small Business Data Collection Rule Sep 14, 2023 31:58 Since the CFPB's small business data collection rule became effective earlier this year, small business lenders have been making plans to implement the new and extensive data collection requirements. At the same time, the final rule has been the subject of litigation, with several financial institutions and trade associations suing the CFPB to enjoin the rule's implementation. On July 31, a Texa

How Securitization and Structured Finance May Be Affected by the US Basel Endgame Proposal, Part 3 Sep 8, 2023 24:16 The US federal banking regulators have jointly proposed extensive revisions to the regulatory capital requirements for midsize and larger US banking organizations. While these revisions will affect nearly all credit exposures, securitization exposures will be significantly affected by certain policy choices. Securitizations historically have benefited from highly favorable risk weights (albeit und

How Capital Markets May Be Affected by the US Basel Endgame Proposal Aug 31, 2023 23:25 In late July 2023, the US banking agencies released proposals to significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations and change the method for calculating the capital surcharge for global systemically important banking organizations. These proposals are of critical importance because the amount of capital a bank must maintain

Mortgage Market Update Part 3: Alternatives to Conventional Mortgage Loans Aug 17, 2023 25:55 The primary mortgage market recently has flattened, with rising interest rates and fewer homes on the market. However, these factors, coupled with home price appreciation, have created a space for alternatives to traditional residential mortgage financing. These include single family rental (SFR), rent-to-own and home equity option contracts, i-buying, and home equity lines of credits (HELOCs). M

Overhaul of Regulatory Capital Requirements Proposed By US Banking Regulators, Part 1 Aug 2, 2023 29:37 The US federal banking regulators have jointly proposed extensive revisions to the regulatory capital requirements for midsize and larger US banking organizations. The revisions are lengthy and would change the requirements for credit, market, and operational risk. Some of the revisions are long-expected (e.g., re-evaluation of use of internal models), but others are novel (e.g., capital charge

Mortgage Market Update Part 2: Mortgage Securitization and MSR Updates Jul 27, 2023 37:25 In recent years, the US mortgage markets have faced mounting pressure from rising interest rates, declining originations, and heightened regulation. In part two of our three-part podcast series on the current state of the US mortgage markets, Mayer Brown experts will discuss the current challenging environment for mortgage origination, as well as recent trends seen in the RMBS and CMBS securitiz

Mortgage Market Update Part 1: Bank Capital Requirements and Related Developments Jul 13, 2023 30:28 In recent years, the US mortgage markets have faced mounting pressure from rising interest rates, declining originations, and heightened regulation, such as EU risk retention requirements. While deals continue to be struck, they are becoming increasingly complex and expensive. We have heard of a number of similar concerns from our clients with structures like warehouse finance facilities, and we

US Government Policy and Bank Regulatory Developments Jul 6, 2023 31:46 The last few months have seen a steady stream of emergency actions from the US banking regulators, along with legislative proposals from the Hill, that have spurred debate over the necessity of regulatory action. Some of these changes may be foregone conclusions, but others are just the early innings of a vigorous debate. Also key will be the way that accounting rules—and changes to those rules—af

Credit Risk Transfer for Regional and Community Banks: A Path Back to Growth Jun 8, 2023 25:32 Many regional and community banks in the United States are under intense pressure from economic forces beyond their control. This has led to a contraction in the lending markets, and may even shut off the spigot for some asset classes. Some banks might look to credit risk transfer ("CRT") trades to keep the lending pipeline open. These cutting-edge transactions keep the loans on a bank's balanc

Hot Topics in Trade Finance May 24, 2023 27:58 The last few years have seen many changes and trends in the world of trade finance—not least because of well-publicized supply-chain disruptions around the globe. These and other factors have spurred changes in traditional products and pushed new structures to the fore. Please join Mayer Brown lawyers Evan DeCresce and Patrick Healy as they discuss some hot topics in trade finance.

Addressing Concerns with FinCEN's New Reporting Rules Apr 18, 2023 30:55 The Financial Crimes Enforcement Network ("FinCEN") recently waded into unexpected controversy with the release of proposed data fields for the beneficial ownership information ("BOI") reporting regime that will take effect at the beginning of next year. FinCEN's inclusion of "Unknown" and "Unable to identify" options for several of the proposed data fields has generated concern that incomplete B

RESPA Compliance for Lead Generators: Recent CFPB Guidance Addresses Digital Comparison Shopping Platforms Mar 23, 2023 32:10 Can online lead generation be done while remaining compliant under Section 8 of the Real Estate Settlement Procedures Act ("RESPA")? The answer is yes, but it is important to navigate the impermissible activities recently identified by the Consumer Financial Protection Bureau ("CFPB"). On February 7, 2023, the CFPB issued guidance in an advisory opinion addressing how it interprets RESPA and its

It's That Time of the Decade: BE-12 Reports Due for Certain Cross-Border Investments Mar 2, 2023 25:44 Many US businesses with significant non-US investors may be required to file a BE-12 with the Bureau of Economic Analysis ("BEA") this year as part of a survey that the BEA conducts every five years and most recently in 2018. The BE-12, also known as the Benchmark Survey of Foreign Direct Investment in the United States, is a collection of financial and operating data that must be filed by certain

SEC Re-Proposes Conflict of Interest Rule for Asset-Backed Securities Feb 23, 2023 24:40 Please join us as the authors of our recent Legal Update provide an overview of the SEC's (Securities and Exchange Commission) recently proposed rule to prohibit conflicts of interest in certain securitizations as required under the Dodd-Frank Act. A re-proposal of a 2011 proposed rule, the re-proposal shares some of the same issues and concerns and may be even worse in some respects. If adopted

Securitization: What to Expect in 2023 Feb 16, 2023 28:37 Please join Mayer Brown partners Jessie Dougher, Jenna Hartnett, Melissa Kilcoyne and Miller Smith for a discussion of what awaits structured finance this year. They will examine some of the key opportunities and challenges 2023 will bring to market participants and discuss topics such as trends in auto and equipment securitizations, the SEC's recent conflict of interest proposal and other things

"Algorithmic Bias" and "Unfair" Discrimination Feb 9, 2023 32:22 Algorithms and artificial intelligence (AI) are increasingly being deployed in the financial services industry, with massive potential to automate and enhance processes, increase efficiency, improve customer service, and augment investment and lending analyses. However, with those potential benefits come challenges, such as the risk that AI applications may result in unintended bias or "unfair" d

Navigating Litigation Challenges in Explainable AI Feb 2, 2023 28:17 Litigation involving artificial intelligence (AI) or machine learning presents special risks due to the inherent difficulties of explaining how these tools work. Please Join Mayer Brown lawyers Reg Goeke, Alex Lakatos, and Christopher Leach as they discuss the risks of using AI tools, solutions that can help mitigate those risks, and explainability challenges that arise when litigating cases invol

What to Expect in Banking in 2023 Jan 24, 2023 25:36 The end of 2022 saw a few noteworthy proposals and other actions by the US banking regulators. Final rulemakings on some proposals may come in 2023 but likely not before we see additional proposals in the first half of the new year. Some are long-awaited, and others are newly inspired, actions of the moment. Please join Mayer Brown partners Jeffrey Taft and Matt Bisanz as they discuss what's happe

NAIC Initiatives Affecting Insurer Investments in ABS Dec 15, 2022 33:56 The National Association of Insurance Commissioners ("NAIC") recently introduced a host of initiatives related to statutory accounting, credit quality designation and related regulatory risk-based capital affecting CLOs and other types of structured finance in which US insurance companies invest. Mayer Brown partners Paul Forrester and Larry Hamilton will discuss how these initiatives are affectin

CFPB Update—Constitutional Crisis or Business as Usual? Dec 13, 2022 34:58 The Fifth Circuit recently ruled that the Consumer Financial Protection Bureau's (CFPB) funding structure is unconstitutional, casting doubt on all of the agency's actions. But the CFPB is as active as ever. Please join Mayer Brown lawyers Ori Lev, Chris Leach, and Christa Bieker as they discuss the Fifth Circuit's ruling and its implications as well as the agency's recent policy, enforcement, a

Increased Scrutiny of Private Equity Ownership of Insurers Nov 2, 2022 22:51 Private equity ("PE") investment in US insurers has increased, with a particular emphasis on life insurance groups. In response, the National Association of Insurance Commissioners ("NAIC") has taken a renewed interest in how PE investment might impact the safety and stability of the insurers involved. Mayer Brown partners Larry Hamilton and Sanjiv Tata will discuss the reasons behind this renewed

European Commission Report on the EU Securitization Regulation Oct 27, 2022 13:33 On October 10, 2022, the European Commission published its report on the functioning of the EU Securitization Regulation. The report includes the Commission's legal interpretation of the jurisdictional scope of the Regulation. Mayer Brown partner Neil Hamilton will discuss the Report and its impact on US securitizations offered to European institutional investors.

Understanding FinCEN's New Beneficial Ownership Information Rule Oct 20, 2022 26:07 The Financial Crimes Enforcement Network ("FinCEN") recently published its final beneficial ownership information rule (the "BOI Rule"). The BOI Rule will have a significant impact on a number of businesses, including those in the commercial real estate and structured finance sectors. The BOI Rule addresses who will be required to file beneficial owner information with the Corporate Transparency A

FTC & CFPB Priorities for the Auto Industry Oct 12, 2022 30:13 Federal regulators have zeroed in on the auto industry in recent rulemaking, supervisory and enforcement activities. Mayer Brown partners Christopher Leach and Tori Shinohara discuss the FTC and CFPB's focus on the auto industry, including the FTC's proposed auto rule and recent supervisory and enforcement trends.

CFPB Update – New Developments and Emerging Themes Jul 21, 2022 35:42 The Consumer Financial Protection Bureau (CFPB) has been active on numerous fronts over the last several months. Mayer Brown partner Ori Lev and associates Christa Bieker and Brian Stief discuss: The CFPB's efforts to expand the scope and uses of its statutory authorities Trends in the CFPB's supervisory and enforcement activity The CFPB's recent focus on fees and consumer reporting The new Offic

What to Expect in Banking Regulation in the Second Half of 2022 Jul 14, 2022 31:45 The first half of 2022 saw a few noteworthy proposals and other actions by the US banking regulators. Final rulemakings on some proposals could come in the second half of the year, but others may be delayed until 2023. In either case, we expect to see significant action on some of these issues through the issuance of supervisory guidance, review of pending requests and applications, and heightened

Opportunities and Challenges in Distressed Residential Finance Jun 24, 2022 40:47 The residential finance industry faces substantial headwinds in the current economic environment. After a record-breaking performance in 2021, the industry is now keenly focused on reduced volumes and compressed margins, decreased inventory and rising interest rates. Volatile markets may be stressful, but they also present opportunities for growth and development. Mayer Brown has an interdisciplin

The Past Is the Present? New York's Retroactive Foreclosure Legislation May 26, 2022 26:55 It's not the easiest time to be in the mortgage business. Mortgage investors and servicers continue to deal with the fallout from the COVID-19 pandemic and its effects on borrowers. Rising interest rates could drain the plentiful supply of refinance business from prior years and deter hopeful homebuyers from seeking new financing. And now the New York legislature has added another layer of complex

Commercial Financing Disclosures Coming to a State Near You May 19, 2022 31:28 Four states—and counting—have enacted laws requiring providers of a wide range of commercial financing to give applicants detailed disclosures of the sort previously seen only in the consumer credit industry. California enacted the pioneering law in 2018, and New York, Utah and Virginia (so far) have followed suit. The most recent examples, the Utah and Virginia laws, have also included a requirem

Lenders Take Note: How the UK National Security and Investment Act 2021 Could Affect Lending and Debt Restructuring Apr 12, 2022 23:54 The UK National Security and Investment Act 2021 (the "Act") entered into force on January 4, 2022 and enables the UK government to screen, block and unwind certain transactions on national security grounds. A new body, the Investment Security Unit ("ISU"), is responsible for the operation of the new regime. The Act provides for mandatory prior notification and approval of certain transactions in

Hot Topics in Anti-Money Laundering 2022 Mar 17, 2022 29:30 Since January 2021, the Biden administration has signaled that it intends to ramp up anti-money laundering (AML) regulation and enforcement. That was reinforced late last year when the administration issued its comprehensive Strategy on Anti-Corruption, which declared that combating illicit finance is one of its principal goals. The strategy highlights how regulators and law enforcement officials

Ignorantia juris non excusat - The Expected and Unexpected Impact of Recent Russian-Related Sanctions (EU, UK and US) on the Loans Market Mar 10, 2022 35:02 In response to the recent devastating events in Ukraine, many jurisdictions have imposed a broad range of new sanctions and export controls focused on the Russian state and certain Russian businesses and individuals. The new sanctions and export control regimes of the EU, the UK and the US have been evolving in real time over the past couple of weeks, and there are important but subtle differences

CFPB Update – Chopra's First Six Months Feb 24, 2022 29:08 Rohit Chopra took over the helm of the CFPB last fall and has already started to make his mark on the agency, bringing a decidedly antitrust focus to his new role. Mayer Brown partners Ori Lev and Stephanie Robinson for a discussion of Chopra's first six months, including the CFPB's use of its Section 1022 authority, notable enforcement actions and other policy developments.

US Banking Regulation: What to Expect in 2022 Feb 10, 2022 32:17 After two years of responding to the pandemic, US banking regulators likely will refocus this year on forward-looking issues. In particular, the following issues are expected to occupy a significant portion of the regulators' time in 2022: Regulatory Capital Rule Revisions Climate-Related Risk Management Expectations Digital Asset Activities Fintech Bank Charters Third-Party Vendor Risk Managemen

Consumer Loan Securitizations – What the Recent Decision in CFPB v. NCSLT Might Mean for the Industry Feb 3, 2022 19:08 Late last year, a federal district court ruled that securitization trusts holding student loans might be liable for the alleged unfair and deceptive collection practices of the trusts' servicers. This is the first time that the US Consumer Financial Protection Bureau (CFPB) has sought to hold a securitization trust liable for acts of its servicers and the first judicial decision addressing the CFP

Securitization: What to Expect in 2022 Jan 27, 2022 41:31 Mayer Brown partners James Antonopoulos, Amanda Baker, Steven Garden, Brian Kuhl, Eric Mitzenmacher, Ger O'Donnell and Jan Stewart discussed "What to Expect in 2022" in the structured finance markets. They examined some of the key opportunities and challenges this new year will bring to market participants and discuss trending topics and the current regulatory landscape. Topics included updates on

A Framework in Progress: Understanding OCC's Climate-Related Risk Management Principles Jan 13, 2022 20:48 Last month, the US Office of the Comptroller of the Currency (OCC) issued the second part of its initiative to address the effects of climate change—draft principles for managing exposure to climate-related financial risks. Those principles and the OCC's earlier call to action to bank boards portend that the rapid implementation of climate risk management practices could occupy a significant amoun

Phase 6 of the Uncleared Margin Regulations (UMR): Key Considerations for UK and European Pension Funds Dec 16, 2021 28:17 Phase 6 of the Global Margin Rules applies from September 1, 2022, and may affect pension funds and other counterparties. September 2022 seems a long way off, but market deadlines are looming as early as January 2022. Join Margin Reform CEO Shaun Murray and Mayer Brown partners Edmund Parker and Edward Jewitt as they discuss this expansion, which captures pension funds with over £/€8bn of uncleare

Now is the Time to Act: Understanding the OCC's Initial Climate Change-Related Expectations Dec 2, 2021 23:57 Last month, the US Office of the Comptroller of the Currency (OCC) issued a call to action on climate change to the boards of directors of large OCC-regulated banks. Based on that call to action, all bank boards should consider asking their institutions about enhancing climate change-related risk management practices. While this will be a long-term effort that will include further guidance from th

An Introduction to Islamic Finance and Key Structures Nov 18, 2021 27:07 As inbound investment into the United States from overseas continues to grow, many investors from the Middle East and South East Asia are seeking means by which they can invest in US assets in a manner that complies with their religious beliefs. Please join Mayer Brown partner Barry Cosgrave for an overview of Islamic finance and some of the key structures that are used to put these structures int

Washington Update: Reconciliation, Debt Limit, Antitrust and Fed Nominations Oct 28, 2021 18:48 Please join Mayer Brown senior Public Policy, Regulatory & Political Law partners Andrew Olmem and Jonathan Becker as they provide an update on several of the most important issues under debate in Washington. They will discuss the prospects for the passage of the Biden administration's Build Back Better Plan and infrastructure bill; whether and how Congress will increase the statutory debt limit;

Emerging Issues in the Buy Now, Pay Later Industry Sep 23, 2021 33:22 Lenders to and investors in Buy Now, Pay Later (BNPL) businesses should be alert to the due diligence issues that may arise in this fast-growing industry. Please join Mayer Brown partners Amanda Baker, Steve Kaplan, Eric Mitzenmacher and Elizabeth Raymond for an overview of emerging issues in this space. Our lawyers will focus on the unique regulatory issues raised by BNPL products and possible wa

CFPB Update: Summertime Developments Sep 9, 2021 33:20 The Consumer Financial Protection Bureau (CFPB) has been active on many fronts, notwithstanding the absence of a Senate-confirmed director. Please join Mayer Brown partners Ori Lev and Stephanie Robinson and associate Christa Bieker to discuss CFPB developments over the past months.

Insurance Technology and Innovation: Meeting Consumer Demands Aug 19, 2021 28:41 The way consumers purchase goods and services is rapidly changing, and insurance is no exception. AI, advanced analytics, smart devices and other technologies are enabling new capabilities, and insurance companies, together with their Insurtech and Big Tech partners, are finding innovative ways to reach and service customers using these tools. Join Mayer Brown partners Rohith George, Paul Chen and

President Biden's Impact on the US-Sino Relationship Jul 15, 2021 42:38 Join Mayer Brown partners Tamer Soliman, Thomas So and Duncan Abate as moderator as they discuss the Biden administration's impact on the vitally important US-Sino relationship. The discussion will consider changes in the ongoing trade war, political and human rights issues and other bilateral concerns.

Introduction to Private Label Investor Residential Mortgage Loan Securitizations Jul 8, 2021 31:46 Following the Federal Housing Finance Agency's (FHFA) recent restrictions on Government Sponsored Enterpise (GSE) investments in loans secured by second homes and investment properties, private label securitizations have become more attractive. Join Mayer Brown partners Haukur Gudmundsson, Kris Kully, Tameem Zainulbhai and associate Jenna Siebold as they provide an overview of these transactions.

Making Sense of Banking as a Service (BaaS): Recent Applications and Considerations Jul 1, 2021 37:30 Banking as a Service ("BaaS") refers to arrangements where licensed banks integrate their digital banking services directly into the products of other non-bank businesses. Join Mayer Brown partners David Beam, Rohith George and Joe Pennell and associate Julian Dibbell as moderator as they discuss these arrangements and how they compare to traditional technology outsourcing and other types of bank-

Immigration Under the Biden Administration Jun 10, 2021 27:02 Elizabeth Espín Stern and Carl Risch, partners in Mayer Brown's Global Mobility & Migration practice, will provide an overview of the immigration challenges facing the Biden administration, focusing on business immigration and workforce mobility. They will also provide an update on the COVID-19 travel restrictions and an overview of the US Department of State's current policy for granting national

The New 2021 ISDA Definitions: Part 2: The Impact on Products and Geographies Jun 3, 2021 34:41 The cornerstone of the $6.5 trillion-plus interest rate derivatives market, the ISDA Definitions booklet—which provides contractual terms, elections and fallbacks for the derivatives market—is receiving its first major "root and branch" update since 2006. Mayer Brown partners Ed Parker, Chris Arnold, Patrick Scholl, Bradley Berman and Vincent Sum continue their discussion of the key changes—what t

ESG for Financial Institutions: Where Are We and Where Are We Going? May 27, 2021 24:39 With President Biden signing last week the executive order "Climate-Related Financial Risk," the administration appears to be accelerating its efforts to incorporate ESG factors into financial regulation. To understand how these developments are likely to play out, please join Mayer Brown partners Paul Forrester and Andrew Olmem, who will discuss the future of ESG regulation for US financial insti

The New 2021 ISDA Definitions: Part 1: An Overview May 27, 2021 34:36 Ed Parker, Chris Arnold and Patrick Scholl, partners in Mayer Brown's Derivatives & Structured Products groups, will discuss the release of the 2021 ISDA Definitions. The cornerstone of the $6.5-trillion-plus interest rate derivatives market, the ISDA Definitions—which provides contractual terms, elections and fallbacks for the derivatives market—is receiving its first major "root and branch" upda

State Licensing Trends May 13, 2021 23:59 Join Krista Cooley and Frank Doorley of Mayer Brown's Consumer Financial Services team as they discuss recent state licensing and enforcement developments important to participants engaged in financing, purchasing or investing in consumer and small business credit.

The Biden Infrastructure Plan: Prospects and Opportunities Apr 22, 2021 21:26 Andrew Olmem and Jonathan Becker, partners in Mayer Brown's public policy group, will provide an overview of the spending priorities in the Biden administration's nearly $2 trillion infrastructure proposal, titled the "American Jobs Plan." They will focus on the Biden administration's proposal to fund various infrastructure programs and initiatives and possible opportunities for developers and inv

What Changed? Understanding the FDIC's Revisions to the Brokered Deposits Restrictions Mar 18, 2021 26:28 On this call, Anna Pinedo, Jeff Taft and Matt Bisanz from Mayer Brown will discuss how the revisions affect banks and deposit brokers and what the industry needs to know in advance of the January 1, 2022, compliance date.

The CFPB: Looking Back and Ahead Mar 11, 2021 34:36 Big changes are in store at the Consumer Financial Protection Bureau (CFPB) in light of the election and the nomination of Rohit Chopra as the agency's director. Please join Mayer Brown partners Ori Lev and Stephanie Robinson to discuss the last few months of Kathy Kraninger's tenure as director, what Acting Director Dave Uejio is doing and what we can expect from Mr. Chopra.

IBA's Consultation on US Dollar LIBOR Settings Mar 4, 2021 23:12 Please join David Duffee and Jennifer Kratochvil for a discussion of ICE Benchmark Administration's (IBA) consultation on the cessation of US dollar LIBOR settings, and the related guidance from the US bank regulators, and what all of that means for the US dollar loan market. David will examine the implications for fallback language in existing agreements, the adoption of new fallback language, th

Mortgage Class Actions in the COVID-19 Era & Related Considerations Feb 4, 2021 25:12 Please join Mayer Brown partners Lucia Nale and Debra Bogo-Ernst for an examination of these issues as they've developed over the past year and their predictions for 2021.

Securitization – What to Expect in 2021 Jan 28, 2021 37:50 Please join Mayer Brown partners Paul Forrester, Cory Miggins, Russell Nance, Keith Oberkfell, Andrew Olmem, Jeffrey Taft and Tameem Zainulbhai for a discussion on "What to Expect in 2021" in the structured finance markets. They will examine some of the key challenges and opportunities this new year will bring to market participants and discuss trending topics and the current regulatory landscape

The Next Phase of Financial Regulatory Reform: What's Ahead for Nonbank Financial Companies Jan 21, 2021 28:15 Please join Mayer Brown partners Larry Platt and Andrew Olmem for a discussion on the prospects of regulatory reform for nonbank financial companies and what it could mean for the future of US financial markets, especially the US mortgage market.

Episodes

Recommended