Washington Report 360 | November 11, 2022

Supervision. Competition. Cyber risks. Climate risks.

Key Highlights

Supervision. FRB reports on Survey of Bank Lending Practices, Financial Stability, and Supervision and Regulation.

Competition, FTC Policy Statement on unfair methods of competition (FTC Sec 5 – UDAP)

Cyber risks. NY DFS proposed amendments to 2017 Cybersecurity regulation

Climate risks. White House Fact Sheet on new initiatives announced at COP 27

Financial services regulatory news
SEC
  • Risk alert on observations related to Regulation NMS Rule 606 disclosures (re: order routing)
  • Enforcement action alleging antifraud and securities registration violations against the creators of a global crypto Ponzi scheme
CFTC
  • Extension of no-action position for swaps executed as part of a package transaction in certain categories
  • Approved proposed rule on reporting and information requirements for DCOs
FINRA
FRB
FDIC
CFPB
Treasury
FTC
NY DFS
FHFA
FSB
BIS
U.N.

 

Financial services policy news
White House

 

Industry news headlines

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Contact us 

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100