Cleary FinTech Update Latest English Court of Appeal: Cryptoasset… English Court of Appeal: Cryptoasset Network Software Developers May Owe Fiduciary Duties to Token Holders UCC Digital Asset Amendments Finalized UCC Digital Asset Amendments Finalized OFAC Ramps up Targeting of… OFAC Ramps up Targeting of Ransomware-linked Actors and FinCEN Updates Ransomware Advisory
Mortgage Crisis & Financial Services Watch Latest New Class Action Claims Non-Compliance… New Class Action Claims Non-Compliance with Mortgage Forbearance Mandates An Opportune Time For Financial… An Opportune Time For Financial Institutions to Review Their Fair Lending Procedures Mortgage Brokers File Class Action… Mortgage Brokers File Class Action Against Leading Wholesale Mortgage Lender
Securities Law Exchange Latest Update on SEC Climate Change Rules Update on SEC Climate Change Rules The SEC Finally Adopts Climate Change… The SEC Finally Adopts Climate Change Disclosure Rules: Making Sense of 800+ Pages SEC Settlement with Audit Firm Serves as… SEC Settlement with Audit Firm Serves as Reminder of Important Independence Rules
Past Due Latest Eleventh Circuit’s “Narrow”… Eleventh Circuit’s “Narrow” Holding May Open Wide Disputes About Duties Under The FCRA Eleventh Circuit holds commonplace use… Eleventh Circuit holds commonplace use of letter vendors may violate FDCPA and further expands consumer standing in Huntstein v. Preferred Collection Court Limits Scope of Midland Funding… Court Limits Scope of Midland Funding and Imports State Law Penalties for Bankruptcy Filings
Southeast Financial Litigation Monitor Latest Eleventh Circuit Affirms $380.5M Class… Eleventh Circuit Affirms $380.5M Class Action Settlement in Equifax Data Breach Litigation Bank Entitled to Pursue Claim for Longer… Bank Entitled to Pursue Claim for Longer Statute of Limitations on Loan The Eleventh Circuit Continues to Build… The Eleventh Circuit Continues to Build on Article III Standing Requirement
Disputing Tax Latest U.S. Executive Order on the Development… U.S. Executive Order on the Development of Digital Assets Damages From Inherently Physical… Damages From Inherently Physical Injuries Are Not Taxable Upcoming and Noteworthy Tax Controversy… Upcoming and Noteworthy Tax Controversy Events
Financial Institutions Law Blog Latest The Consumer Financial Protection Bureau… The Consumer Financial Protection Bureau Adopts New Rule Barring Class Action Waivers in Arbitration Agreements The Ninth Circuit Holds That Enforcing A… The Ninth Circuit Holds That Enforcing A Security Interest Is Not Necessarily Debt Collection CFPB Prevails On Summary Judgment… CFPB Prevails On Summary Judgment Against CashCall, Inc.
Consumer Finance Monitor Latest This week's podcast episode: The… This week's podcast episode: The Consumer Financial Protection Bureau’s use of unfairness to regulate discriminatory conduct: a discussion of the consumer and industry perspectives FDIC final Signage and False Advertising… FDIC final Signage and False Advertising Rule will be effective April 1, 2024, with an extended full compliance date of January 1, 2025 Plaintiffs in credit card late fee rule… Plaintiffs in credit card late fee rule case ask Fifth Circuit to keep appeal even though the district court has scheduled a preliminary injunction hearing
Legal Flight Deck Latest Department of Transportation (DOT)… Department of Transportation (DOT) consumer protections – rules to watch Navigating certification for Advanced… Navigating certification for Advanced Air Mobility Aviation infrastructure for new… Aviation infrastructure for new technologies
FinTech Update Latest Kik Settles Unregistered Token Sale for… Kik Settles Unregistered Token Sale for $5 Million Thoughts on how to limit fraud risks in… Thoughts on how to limit fraud risks in the APAC region Telegram Abandons TON Blockchain Telegram Abandons TON Blockchain
Financial Institutions Legal Snapshot Latest The importance of the timing of a… The importance of the timing of a termination notice Lloyd’s 2.0 Metallica 0.0 for Covid-19… Lloyd’s 2.0 Metallica 0.0 for Covid-19 concert cancellation claim US jury finds insurer liable for crash… US jury finds insurer liable for crash by deployed tow truck
Global Regulation Tomorrow Latest FCA publishes finalised guidance on… FCA publishes finalised guidance on financial promotions on social media Technology Working Group publishes… Technology Working Group publishes second report on fund tokenisation Communication to the Commission on the… Communication to the Commission on the intention to amend RTS specifying obligations concerning hedging derivatives, redemption policy and liquidity management tools, trading and issue of units or shares of an ELTIF and transparency requirements