NYDFS Superintendent calls on financial regulators to manage climate change risk. Agencies adopt rule codifying supervisory guidance. FRB amends capital planning requirements. Bank settles FinCEN charges for BSA violations. Digital token issuer settles SEC charges for offering unregistered securities. Former CFTC chair Gary Gensler tapped to lead SEC.

House Financial Services Committee Chair urges President-Elect to suspend midnight rulemakings. Treasury and FHFA agree to extend capital retention for Fannie Mae and Freddie Mac. OFAC authorizes securities transactions involving Communist Chinese military companies. Effective and compliance dates set for SEC Resource Extraction Disclosure Rule.

OCC adopts rule to ensure fair access to financial services. SEC eases limits on private placements. New EO expands prohibitions on investments in Chinese military companies. FinCEN extends comment deadline for CVC and Digital Asset Transactions Proposal. MSRB highlights 2020 efforts on disclosure and technology. Paper products manufacturer settles OFAC charges for North Korea sanctions violations.

SEC proposes exemption from information review requirements for OTC link's "Expert Market" platform. CFTC approves NFA capital model review program. DOL provides guidance to plan fiduciaries on nonresponsive participants. SIFMA updates MSRB model disclosure documents. SEC Chief Accountant to leave agency next month.

FRB Governor promotes financial inclusion through AI. Firm settles FINRA charges for supervisory failures on variable annuity contracts. CFTC General Counsel steps down. Acting Enforcement Director to leave SEC.

OFAC authorizes certain transactions involving Communist Chinese military companies. ISDA highlights potential of ESG-related derivatives in sustainable finance. SEC awards $1.1 million to whistleblowers. ICI reviews 2020 accomplishments. Bank settles DOJ and SEC charges for FCPA violations. Effective and compliance dates set for CFTC rule amendments incorporating electronic trading risk principles. Effective and compliance dates set for SEC amendments on financial disclosure under Regulation S-K.

CFPB issues CAS approval for Synchrony Bank's dual-feature credit card. SEC Investment Management Deputy Director moves on. FINRA appoints new members to Board of Governors.

CFPB issues CAS approval for PayActiv's earned wage access products. CFTC and ESMA sign MOU on U.S. DCOs recognized under EMIR. NFA reminds firms of upcoming compliance date to satisfy swaps proficiency requirements. Broker-Dealer settles FINRA charges for recordkeeping and supervisory failures. Firm settles FINRA charges for options position violations. French bank settles OFAC charges for Syrian sanctions violations. Lender settles CFPB charges for unlawful payment terms on loans to military personnel.

Congress enacts Anti-Money Laundering Act of 2020. ISDA looks at CCP risk management during pandemic. OFAC issues additional guidance on sanctions against Chinese military companies. OFAC issues new and amended guidance on CAATSA. CFPB offers recommendations to enhance consumer protection in the financial marketplace. Broker-Dealer settles FINRA charges for recordkeeping violations.

OCC issues interpretation on independent node verification networks and stablecoins. District Court vacates CFPB mandatory disclosure and thirty-day credit linking requirements. Delaware Bankruptcy Court splits from SDNY decision on safe harbor-protected transfers by financial participants. OFAC issues new guidance on Chinese military companies sanctions.