As Thanksgiving week approaches in the U.S. and many prepare for the holiday break (there will be no Cabinet issue next week, but we’ll be back on November 30th), the pace of news out of the U.S. regulatory agencies hasn't slowed.

I delve into the recent testimonies offered by key regulatory leaders—FRB, FDIC, OCC, and NCUA—during Congressional hearings.

Meanwhile, my colleague Mercedes Kelley Tunstall provides an analysis of the freshly updated consumer credit and leasing thresholds for 2023.

Michael Ena highlights the release of the updated General Disclosure Statement for Transactions by the International Swaps and Derivatives Association, emphasizing the document's significance in providing disclosures of risks associated with transactions, as it continues its evolution from its inception in 2013.

UK colleagues Michael Newell and Alix Prentice dive into the novel requirements of AIFMD II, examining the implications for credit funds following the Council of the European Union's latest amendments on loan origination activities by alternative investment funds.

Additionally, Alix shares significant observations from the UK's FCA on "market soundings," while Sukhvir Basran presents the challenges outlined in ISS's latest report concerning the interoperability of sustainability disclosure standards.

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

Daniel Meade 
Partner and Editor, Cabinet News and Views