JD Supra Finance & Banking

SAPWG Proposes Statutory Accounting Changes and Derivatives Guidance

The NAIC's Statutory Accounting Principles Working Group exposed proposed changes to statutory accounting, including guidance on derivatives, residential mortgage loans, and disclosures. Public comments are being accepted on these items until May 1.

Consumer Financial Services Updates: AI, Crypto, Student Loans, FinCEN

This newsletter from Troutman Pepper Locke summarizes federal and state activities impacting the consumer financial services industry. Key updates include President Trump's AI legislative framework, and CFTC FAQs on crypto assets and blockchain technologies for financial institutions.

Colombia Decree on MIPYMES Capital Markets Access via Securitization

Colombia's Financial Regulation Unit (URF) has published a draft decree allowing micro, small, and medium-sized enterprises (MIPYMES) to access capital markets through securitization. The proposal aims to address the significant financing gap faced by these businesses by establishing specific rules for asset-backed securitization processes.

Subscription Lines as Liquidity Tools for BDCs and Interval Funds

Cadwalader, Wickersham & Taft LLP discusses how subscription credit facilities can help Business Development Companies (BDCs) and interval funds manage redemption pressures. The article highlights the benefits of these facilities in the current liquidity environment and differentiates between BDC and interval fund structures.

FinCEN Issues Implementation Guidance for All-Cash Real Estate Reporting Rule

FinCEN has issued implementation guidance for its rule requiring reporting on certain all-cash residential real estate transactions involving legal entities or trusts. The reporting requirements begin March 1, 2026, and will affect attorneys, title companies, and settlement agents, introducing new information collection and filing obligations.