Premier Banking Law News and Insights

When two or more individuals start a new business venture, often the last thing they think about, or want to think about, is the day when they will no longer own the business together. The unfortunate reality is that business owners can never start exit planning too soon, despite the...

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The Federal Reserve Board adopted rule amendments that delegate the authority to approve certain types of applications, notices and requests to Federal Reserve Banks. The final rule went into effect on July 3, 2019. Under the final rule, Federal Reserve Banks have the authority to: waive a requirement to file certain applications...

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Cadwalader attorneys analyzed a discussion paper by the Bank of England ("BoE") on exposure related to collateral referencing LIBOR. In particular, the paper reviewed the exposure to the collateral that banks and other financial firms are asked to provide when borrowing from the BoE under the Sterling Monetary Framework ("SMF"), where the...

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