Law and regulation

While banks should be wary of potential restrictions on the H-1B visa program, policymakers should be mindful of the consequences of limiting H-1B visas too severely.

A number of banks have recently crossed $10 billion in assets, where caps on interchange fees and mandatory stress testing kick in, and more are set to pass the threshold shortly. Here is a look at the annual toll regulation will take on many of those institutions.

The U.S. agencies hewed surprisingly close to the international agreement in their proposal released Tuesday which would require the largest banks to maintain stable sources of funding over a yearlong period.

WASHINGTON — After close to four years at the helm of the Financial Crimes Enforcement Network, Director Jennifer Shasky Calvery announced Tuesday she will leave the agency next month.

The Federal Deposit Insurance Corp. issued a final rule on Tuesday that will update how it calculates deposit insurance assessment rates for small financial institutions.

Financial technology companies should be examined for safety and soundness just like banks and credit unions, top executives from the Independent Community Bankers of America said Tuesday.

The newly released interagency net stable funding ratio proposed by the Federal Deposit Insurance Corp. Tuesday once again trains its focus on the largest and most internationally active U.S. banks, requiring them to hold stable liquid funding for at least a year.

The courts would not be getting involved in defining the reach of the Consumer Financial Protection Bureau if the architects of the agency had instituted a commission to oversee it.

The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.

U.S. Century Bank in Miami has been freed from a regulatory consent order that had restricted its activities for nearly five years.