Regulation

Use risk-based capital only as a supplement to a meaningful leverage test, combined with traditional judgment-based safety and soundness supervision.

Bloomberg LP has hired a consulting firm with significant ties to financial regulators to help review its privacy policies.

The Securities Industry and Financial Markets Association has named former U.S. Senator Judd Gregg its new chief executive.

Tim Pawlenty, the CEO of the Financial Services Roundtable, says the Consumer Financial Protection Bureau has been forging a "constructive" relationship with the banking industry, especially as it dealt with qualified mortgage and remittance rules.

Know-your-customer, an essential precaution, must be coupled with know-your-employees. A host of instances highlight the involvement of employees in fraudulent transactions – in most cases in league with customers.

The timing couldn’t be better for the new advisory board of the Payment Card Industry Security Standards Council to include several European voices.

Crypto Street, a startup that’s building a platform for trading digital currencies like Bitcoin, is making a point of forging relationships with multiple banks after similar businesses suddenly lost their bank accounts and folded or scaled back.

Last month Richard Cordray argued that payday lenders charge exorbitant fees and often trap consumers in a cycle of debt.

The CFPB's revised final rule on remittances made it easier on bankers, but it will still have a significant — though unclear — impact on international money transfers.

The House passed a controversial bill on Friday requiring the Securities and Exchange Commission to conduct additional economic analysis on its rules.