The first quarter of 2023 was certainly one to remember, especially the final few weeks in the aftermath of Silicon Valley Bank and Signature Bank.

While the unwinding continues, so far in Q2 we've moved into the "what happened" and "what can we do differently going forward" phase, as exemplified by this week's important speech by FDIC Vice Chair Travis Hill. Please take a look at my quick summary, and I encourage you to read the full speech. 

We are also including this week a Bloomberg Law article by my colleagues Mercedes Kelley Tunstall and Nikita Cotton on crypto regulation in New York and a Clients & Friends Memo by partner Erica Hogan on new SEC filing requirements. And we have some insights into the FCA's 2023/24 priorities from London partner Alix Prentice.  

We're always here for comments and questions. Just drop me a note here. 

Daniel Meade 
Partner and Editor, Cabinet News and Views