The Federal Deposit Insurance Corporation (FDIC) has formally proposed a series of regulatory changes that would significantly reduce compliance obligations for large insured depository institutions while lowering the banking industry's annual deposit insurance...
In 2026, the commercial real estate market is undergoing a fundamental structural reset. The long-anticipated "debt overhang," driven by a massive wave of maturing commercial mortgage-backed securities (CMBS) and traditional bank loans, has transitioned from a looming...
New York has enacted significant amendments to its Uniform Commercial Code (the “UCC”), bringing the state’s commercial law framework into alignment with the 2022 amendments developed by the American Law Institute and the Uniform Law Commission. Signed into law in...
Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements form the foundation of the United States’ framework for preventing money laundering, terrorist financing and other forms of financial crime. For banks, fintech companies, broker-dealers, and other...
The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) is the United States’ first comprehensive federal law governing payment stablecoins—digital tokens designed to hold a fixed value (typically $1) and used for payments. After passing...
A New Wave of Crypto SPAC Deals After the frenzy of 2021 and the subsequent “crypto winter,” special purpose acquisition company (SPAC) activity in the digital asset space is back with renewed vigor in 2025. The broader SPAC market has raised over $10 billion through...
In a move poised to reshape the regulatory landscape for U.S. banks, the Federal Deposit Insurance Corporation (FDIC) has signaled support for raising asset thresholds that determine the intensity of regulatory scrutiny—adjusting for inflation and rebalancing...
Commercial mortgage delinquency rates are on the uptick. The United States economy is shrinking according to Commerce Department measurements. Economic volatility is the new norm. As borrowers navigate economic ebbs and flows, developing a course of action to navigate...
This article is Part Two of our series highlighting new leadership at the Federal Reserve, signaling a meaningful shift in the Fed’s approach to banking regulation. Read Part One here. On July 10, 2025, the Federal Reserve unveiled a targeted proposal to recalibrate...
This article is Part One of a multi-part analysis by KJK that will continue to summarize the OBBBA’s implications on various taxpayers and industries. Signed into law on July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) delivers sweeping federal policy changes...