Policy & Regulation

The financial services industry believes it has finally discovered proof that the Consumer Financial Protection Bureau uses flawed methods to detect possible discrimination in auto loans. But the CFPB argues the proof is flawed as well.

WASHINGTON — U.S. capital rules largely adhere to the Basel Committee's international standards but are "materially noncompliant" in two areas, the committee said Friday.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Banks aren't going to be able to hide behind the Fair Debt Collection Practices Act anymore.

Borrowers who have made five years of payments on their modified loans will be eligible to earn $5,000 in the next year to reduce their outstanding balance.

U.S. regulators are close to a final decision to label MetLife Inc. systemically important, two people with knowledge of the matter said, setting up a potential legal battle with the country's largest life insurer.

The watchdog agencies for two bank regulators issued reports this week that found a lack of minorities and women in senior-level positions.

Lawmakers are nearing an agreement on extending a federal backstop that covers a portion of corporations' losses from acts of terrorism, according to two congressional aides.

Regulators don't want to use the name Basel IV, but the sheer number of changes they are contemplating over the next few years add up to an entirely new capital regime.

Almost a year after the Volcker Rule was finalized, banks still have questions about which regulators are taking the lead on the rule and how the supervisory and enforcement process will work.