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Banking regulations to watch in 2022

By Joanne Monty
January 3, 2022
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By Jon Hill (Jan 3, 2022, 12:02 p.m. EST) – As the Biden administration gets to work in 2022, financial services lawyers say the banking industry can expect climate risk talks take center stage, a fair review of loans to heat up and efforts to put in place a cryptocurrency oversight framework for banks to persist.

Lawyers told Law360 that the industry can also expect regulators to start stepping up their multi-year efforts to wean lenders off a soon-to-be-withdrawn benchmark global interest rate, the interbank rate. offered in London, while mortgage agents will face increased risk from law enforcement related to their treatment of borrowers affected by the pandemic.

Here, Law360 breaks down five areas of …

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