Joe Adler

WASHINGTON — Regulators provided more instruction Friday to smaller firms required under the Dodd-Frank Act to simulate their own failures.

The coming year expects to be hectic for banks' regulatory teams as a bottleneck of new rules come due, including everything from the proprietary trading ban to Basel III to a new mortgage disclosure framework.

The Financial Crimes Enforcement Network has proposed forcing banks to identify those standing behind legal entity accounts, but also made a slew of accommodations meant to make the rule more palatable.

Regulators' blunt criticism of resolution plans of the 11 most complex banks still leaves pivotal questions about how the process moves forward, including what banks must do to avoid serious consequences.

The Federal Deposit Insurance Corp. and Federal Reserve Board offered blunt criticism of "living wills" filed by the most complex banks, and warned that failure to improve their 2015 plans could have consequences.

Traditionally, August can be a wasteland for banking policy wonks as Congress takes a summer recess. But here's why next month could actually be an eventful one.

Lawsky's BitLicense; UK Banking Inquiry; Morgan Stanley Stability

A Senate Banking Committee hearing looked at whether some regional banks that meet the Dodd-Frank Act's "systemically important" threshold belong in the same group as global giants.

The Federal Deposit Insurance Corp. proposed several assessment-pricing changes to correspond with the Basel III regime, including altering how highly complex banks report counterparty risk.

The Federal Deposit Insurance Corp. has proposed tailoring its system for pricing banks' insurance premiums to correspond with new Basel capital requirements.

The Justice Department's $7 billion deal with Citigroup is likely not the last big government maneuver to penalize banks for faulty mortgage-related practices leading to the financial crisis.

WASHINGTON — The Office of the Comptroller of the Currency on Wednesday issued a final rule increasing examination fees for large institutions.

The Senate Intelligence Committee on Tuesday approved a bill that would expand information-sharing between the public and private sectors about cybersecurity threats.

WASHINGTON — What happens when you mix a cutting-edge payments technology with the newest financial regulator on the block, both of which stir policy passions?

A recent GAO report called for the Consumer Financial Protection Bureau to be involved in interagency discussions about virtual currencies, but others say the bureau's jurisdiction is murky, technology may move too fast for consumer rulemaking and too much regulation too early could kill innovation.

A recent GAO report called for the Consumer Financial Protection Bureau to be involved in interagency discussions about virtual currencies, but others say the bureau's jurisdiction is murky, technology may move too fast for consumer rulemaking and too much regulation too early could kill innovation.

American International Group, Prudential Financial and General Electric Capital Corp. have completed their first round of "living wills" required for systemically important firms.

WASHINGTON — Regulators on Friday closed Freedom State Bank, in Freedom, Okla., the 12th institution to fail this year.

Community-sized institutions with cybersecurity gaps are facing new attention from regulators under a pilot exam project.

An Office of the Comptroller of the Currency emerging risk report said underwriting for indirect auto and leveraged loans is cause for concern.