Ian McKendry

A survey due to be released Wednesday reveals a wish list for anti-money-laundering specialists to help ease their process of assessing customer risk.

WASHINGTON — The Federal Deposit Insurance Corp.'s inspector general has cleared a senior attorney for the agency who had been accused of giving false testimony to lawmakers over the agency's role in "Operation Choke Point."

Community banks are hoping regulators' recent decision to drop certain items from call reports is just the beginning of supervisory efforts to streamline the forms to reduce their burden.

WASHINGTON — The Federal Deposit Insurance Corp.'s involvement in the Justice Department's Operation Choke Point was minor, the agency's inspector general said Thursday.

Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig said favorable leverage-ratio treatment for certain derivatives would undermine postcrisis capital reforms.

One of the top anti-money-laundering regulators warned credit unions Tuesday that many do not appear to be properly following reporting requirements.

WASHINGTON — One of the top anti-money laundering regulators warned credit unions Tuesday that many do not appear to be properly following reporting requirements.

The digital currency industry reacted warily to a model framework for regulating such firms released Tuesday by the Conference of State Bank Supervisors, arguing the language is too vague and treats digital assets like normal money.

WASHINGTON — Virtual currency made another significant step Tuesday toward becoming legitimate in the eyes of regulators as the Conference of State Bank Supervisors finalized a model regulatory framework for the nascent industry.