Compliance

Paycheck Protection Program Extended; SBA Releases Borrower Data

On July 4, President Trump signed S. 4116 extending the deadline for applying for a loan under the Paycheck Protection Program (PPP) from June 30 to August 8, 2020

How the PPP May Change After Trump Signs Extension

Senators are debating a further, more targeted version of the successful Paycheck Protection Program

Banks Tap Debt, Equity Markets to Strengthen Balance Sheets

Small and medium-sized banks have raised tens of millions of dollars through debt issuance while interest rates are low

Senate Pushes for PPP Extension as Deadline Passes

The US Senate has passed a bill extending the Paycheck Protection Program until August 8

Fed Governor Criticizes Bank Dividend Decision

Governor Lael Brainard says paying shareholders will deplete reserves at a time of severe uncertainty

OCC Reduces Assessments for Banks in Response to Pandemic

Banking industry regulators have moved to temporarily reduce the amount banks will have to pay to fund the oversight agencies

Carney: Public sector must step up climate change efforts

The former Bank of Canada and Bank of England governor has called for strong government action on climate change

SEC chairman calls for ESG issues to be considered separately

Has warned that combining environmental, social and governance (ESG) factors into a single rating or score can result in “imprecise” investment analysis