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Sullivan & Cromwell Discusses the Implications for Financial Institutions of Proposed SEC Climate Disclosure Rules

Reynolds Holding

However, in response to demands from investors and other stakeholders, many banks, asset managers and insurance companies have voluntarily made climate disclosures in their sustainability or environmental, social and governance (ESG) reports or other public materials. In the insurance sector, the U.S.

Finance 45
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Skadden Discusses Final FinCEN Rule on Beneficial Ownership Reporting

Reynolds Holding

Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a long-awaited final rule implementing the beneficial ownership information (BOI) reporting requirements of the Corporate Transparency Act (CTA). On September 29, 2022, the U.S. presence; and.

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Davis Polk Discusses Stablecoin Bill as Crypto Legislation Gains Momentum

Reynolds Holding

Stablecoins of 2025 Act the GENIUS Act cosponsored by Senate Banking Chair Tim Scott (R-SC) and Sens. It is also generally consistent with the core substantive components of these earlier bills, such as the definition of payment stablecoin, stablecoin reserve requirements and bank-like regulation for both bank and nonbank issuers.

Banking 45