On April 23, 2019, the Federal Reserve Board (the “FRB”) invited public comment on a proposal to revise the FRB’s rules for determining whether an entity controls a bank or bank holding company (“banking organization”) for purposes of the Bank Holding Company Act of 1956, as amended (the “Act”). The proposal is intended to clarify, […]
Free speech and the First Amendment are quintessential, well-known American values. What is far less known is that the First Amendment has become a potent weapon for businesses to successfully challenge government regulations according to Bill Fish, Jr. a Globalaw member and a partner at Hinckley Allen. Read this case study in it’s entirety here.
Jay Gomez, senior associate in the financial services team at Gibraltar-based law firm Triay & Triay and a Globabalaw member says that internal auditors need to be aware that there is no agreed international standard regarding cryptocurrency regulation, oversight, or risk. “Some jurisdictions take a very tough line on cryptocurrencies, such as the U.S., while others might be […]