Sullivan & Cromwell Discusses Proposed Revisions to Rules on Bank Lending to Insiders

By H. Rodgin Cohen, Michael T. Escue, Charles C. Gray, Amy R. Dreisiger and Katherine C. McCreery August 12, 2026 by renholding

On July 31, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) released a notice of proposed rulemaking (the “Federal Reserve Proposal”) to “modernize” Regulation O, which governs loans by member banks to their insiders (directors, certain …

Preparing for the Transition from LIBOR to SOFR: The ARRC Recommendations

By Merrill Stone October 21, 2020 by renholding

The London Interbank Offered Rate (LIBOR) has been the standard floating rate benchmark for debt instruments of all kinds around the world for decades. It is calculated every banking day by polling major banks on their estimated borrowing costs for …

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Sullivan & Cromwell Discusses Proposed Revisions to Rules on Bank Lending to Insiders

Preparing for the Transition from LIBOR to SOFR: The ARRC Recommendations