Policy & Regulation

As the state phases in tougher requirements from its 2017 regulation, federal agencies continue to show an interest in updating their cyber policies.

Matthew J. Biliouris has spent 26 years at the National Credit Union Administration, including serving as acting director and deputy director of the Office of Consumer Financial Protection.

The Michigan company had been operating under the supervisory agreement since 2010.

Although it’s required to by law, the Federal Deposit Insurance Corp. has not had an independent director with state bank supervisory experience since 2012. It’s time for that to change.

Readers respond to how the industry is donating ahead of the midterms, weigh in on a push to apply CRA-like standards to fintechs, react to a controversial decision by a California court and more.

Rep. Emanuel Cleaver, D-Mo., says he is concerned that banks are freezing accounts of customers if they aren't providing citizenship information.

IBM claims that by monitoring customer behavior first and foremost, banks can make suspicious activity reporting far more accurate.

Lawmakers fear that regional banks could still get stung as the central bank implements a new law meant to ease their burden.

The Federal Reserve had ordered improvements in compliance, board oversight, risk management, capital planning and liquidity risk management that spanned multiple subsidiaries.

The Community Reinvestment Act can lower — not increase — bank credit availability in some low-income regions, and the OCC should reconsider holding fintechs to the same standards with its new charter.