On 4 November 2025, the Financial Action Task Force (FATF) issued Asset Recovery Guidance and Best Practices.
The FATF revised its Recommendations on asset recovery and related international co-operation in October 2023 and made corresponding changes to the FATF Assessment Methodology in June 2024. These changes signal that asset recovery must become
On 28 October 2025, the Basel Committee on Banking Supervision issued a technical amendment to the Basel Framework which relates to the circumstance where a bank uses a guarantee or credit derivative to hedge the counterparty credit risk of a derivative exposure subject to the standardised approach to counterparty credit risk or the internal models
On October 8, 2025, the Financial Crimes Enforcement Network — jointly with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration and the Office of the Comptroller of the Currency — issued answers to frequently asked questions that clarified when and how financial institutions should
On 9 October 2025, the Financial Markets Standards Board (FMSB) published in final form a Statement of Good Practice on Unauthorised Trading Frameworks.
The FMSB is an industry-led, member-funded global standards body for the wholesale financial markets.
The FMSB has issued the Statement of Good Practice to help establish practical, industry-wide guidance
On 10 October 2025, the Financial Stability Board (FSB) issued a report that examines how financial authorities can monitor artificial intelligence (AI) adoption and assess related vulnerabilities. The report builds on the FSB’s 2024 report and incorporates findings from a member survey on AI monitoring approaches, interviews with member authorities, publicly
On September 5, 2025, the Securities and Exchange Commission (SEC) announced the creation of a new task force aimed at addressing cross-border fraud affecting U.S. investors. This move aligns with the Department of Justice’s (DOJ) Criminal Division’s May 2025 memorandum outlining its enforcement priorities and policies, as well as recent guidance
The Texas State Securities Board (“TSSB”) and the New Jersey Bureau of Securities (“NJBS”) issued guidance to investment advisers on the use of data aggregation services and third-party financial platforms.
The full update can be found here on our US Regulatory Intelligence platform.
The U.S. Department of Labor (“DOL”) rescinded previous guidance that discouraged fiduciaries from including alternative assets in 401(k) retirement portfolios.
The full update can be found here on our US Regulatory Intelligence platform.
Senate Banking Committee Democrats urged top US banking regulators to release detailed data and analysis on the economic impacts of a proposed cut to the enhanced supplementary leverage ratio (“eSLR”).
The full update can be found here on our US Regulatory Intelligence platform.
The American Bankers Association and state bankers associations from all 50 states urged leaders of the Senate Banking Committee and its Digital Assets Subcommittee to address “loopholes” in the recently enacted GENIUS Act as part of upcoming digital asset market structure legislation.
The full update can be found here on our US Regulatory Intelligence platform.