Policy & Regulation

A new Baltimore federal court filing shows that more than $2.9 million was seized by the Department of Homeland Security from Mutum Sigillum LLC, a U.S. subsidiary of Tokyo-based Bitcoin exchange Mt. Gox, in May.

Basel's barely noticed, but important paper on how to measure banks' equity-investments-in-funds risk signals its strong concern with how banks are interconnected to shadow financial firms.

In his first sit-down interview with American Banker since winning Senate confirmation last month, CFPB Director Richard Cordray talks about what he sees as the agency's top accomplishments to date and its biggest challenges ahead.

President Obama held a meeting Monday with financial regulators to discuss the implementation of the 2010 Dodd-Frank Act.

Executives at Evolve Bank & Trust invest in technology to handle commissions and other accounting for mortgages due to stiffer regulatory requirements under the Dodd-Frank Act.

President Obama held a private meeting with financial regulators on Monday to discuss ongoing implementation of the Dodd-Frank Act, emphasizing the need to finalize additional rules quickly.

U.S. regulators have only marginally improved upon the European version of Basel III.

Community bankers must adjust to new mortgage rules the Consumer Financial Protection Bureau issued on Thursday.

Doreen Eberley, the director of the Federal Deposit Insurance Corp.'s Division of Risk Management Supervision, says examiners are more sensitive today to risks that are not obvious on a bank's balance sheet and that banks need to scrutinize an ever-changing landscape of new products.

While some Bitcoin businesses hesitate to respond to the evolving regulatory framework surrounding digital currency, Robert Pargac, director of global investigations and compliance at Navigant Consulting, says Bitcoin businesses should stay proactive and aggressive in their approach to risk and compliance.