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Greg Lascelles Joins Covington’s European Dispute Resolution Practice
"The New EU Data Protection Law: Key Elements for Business"
Catherine Dargan Named a “Most Influential Woman” in M&A
February 21, 2017, Cov Financial Services
On February 16, 2017, the Consumer Financial Protection Bureau issued a request for information (“RFI”) regarding the potential benefits and risks of relying on alternative data and modeling techniques in the consumer credit marketplace. In contrast with information that has traditionally defined a consumer’s credit history—such as debt repayment history and the ...
February 21, 2017, Global Policy Watch
Commissioner Ann Ravel’s decision to resign from the Federal Election Commission will have short term and long term effects on an agency empowered to interpret and enforce the federal campaign finance laws and disclose the money raised and spent in federal elections. Its short term effects should be minimal. The statute requires four votes for … Continue ...
February 21, 2017
In September 2016, the Office of the Comptroller of the Currency issued final guidance for recovery planning, requiring OCC-regulated banking organizations with average total consolidated assets of $50 billion or more to develop recovery plans. Covered banks with at least $750 billion in assets are required to comply by July 1, 2017; covered banks with at least ...
February 20, 2017, Inside Political Law
February 17, 2017, Inside Privacy
The Trump Administration appears likely to release an Executive Order on Cybersecurity. The most recent draft suggests this Executive Order may have notable impact in the Communications, Energy, and Defense Industrial Base sectors. However, it remains unclear if and when the current draft will be signed. President Trump originally was scheduled to sign an ...
February 17, 2017, Cov Financial Services
The Clearing House published this week a report that highlights potential anachronisms and inefficiencies in current U.S. anti-money laundering / counter-financing of terrorism regulation. The report makes 8 core recommendations for reform, including the following: Centralizing Regulatory Responsibility: “The Department of Treasury, through its Office of ...
The FTC released public comments yesterday on the National Telecommunications and Information Administration’s (NTIA) draft “Early Stage” Coordinated Vulnerability Disclosure Template released in December 2016. The draft template was released by the NTIA Safety Working Group as part of a multistakeholder process that convened security researchers and software ...
February 17, 2017, Inside Energy & Environment
The NY Independent System Operator recently issued a plan for addressing the nuts-and-bolts issues associated with integrating distributed energy resources (DERs) into the wholesale electricity market. The NYISO says its Distributed Energy Resources Roadmap for New York’s Wholesale Electricity Markets is “the first step in building (the) grid of the future” and ...
See our article in Law360, Reconsidering PHH v. CFPB, regarding the D.C. Circuit’s decision yesterday to vacate an order finding that the CFPB’s structure is unconstitutional. We also covered the decision here.… Continue Reading
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