Financial Services Advisory: Regulators Focus on Bank-Fintech Arrangements

Through joint guidance and an information request, federal bank regulators underscored banks’ compliance responsibilities in their banking-as-a-service (BaaS) relationships with third parties. Our Financial Services Team unpacks what financial institutions and their counterparties need to know about navigating this evolving BaaS regulatory terrain.

Our Privacy, Cyber & Data Strategy Group analyzes important guidance from the NYDFS on how insurers use external consumer data and information sources and artificial intelligence systems.

Alston & Bird announces the election of 27 lawyers to its partnership, effective January 1, 2024. The new partners span six offices and 11 practice groups.

The European Union’s (EU) new Digital Operational Resilience Act (DORA) will go into effect in January 2025. Our Privacy, Cyber & Data Strategy Team digs into DORA and discusses how the new law may impact businesses inside and outside the EU.

It took 13 years to print the first $1 trillion of sustainable bonds; it took just one more to double it. Our Finance and Financial Services & Products Groups examine the emerging trend of collateralized loan obligations (CLOs) focusing on environment, social, and governance (ESG) issues, as well as current ESG trends and considerations for those seeking to bring ESG CLOs to the market.