Bank Regulators Look to Existing Tools to Police AI Advances
Bloomberg Law 07/10/2023
Recent leaps in artificial intelligence technology have raised significant questions about fair lending, fraud detection, and cybersecurity at banks, but federal banking regulators already have the tools…
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Proposed EU payment services regulation reforms
Lexology 07/10/2023
These proposed reforms follow a 2022 European Commission assessment of PSD2, which concluded that whilst PSD2 had achieved many of its aims, certain areas could be improved…
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UK/EU ESG Regulation Monthly Round-Up – March-June 2023
JD Supra 07/10/2023
As we reach the midway point of 2023, the Hogan Lovells Sustainable Finance and Investment practice thought it would be useful to provide a review of recent key ESG developments from March-June 2023 to assist with navigating…
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Top Fed official recommends tougher rules for large banks
Axios 07/10/2023
Why it matters: Nine months ago, Federal Reserve vice chair for supervision Michael Barr started a sweeping review of current capital rules. In the time since, the failure of three large regional banks added urgency to the effort…
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A deep dive into the tech priorities of the banking industry
American Banker 07/10/2023
Even with a recession looming on the horizon, financial institutions are still looking to invest in new technology, with a majority of banks expecting to increase their tech spending this year…
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