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Regulators can only delay the move to a new interest rate index alternative for so long.2h ago
Global Regulatory, Compliance and Libor leadAccenture -
The agency has proposed letting firms seek specific guidance, which can be applied to other institutions. But consumer groups worry the plan circumvents formal rulemaking.July 1
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The company seeks to help funnel more loans to minority businesses and consumers; the regulator says short-staffed banks are having trouble handling new government programs.July 1
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Two years after a consumer protection law changed how banks and other companies handle customer information, a new proposal aims for more sweeping reforms.June 28
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The pandemic will accelerate the drive toward a supervision process in which both regulators and banks will need the digital tools that enable sophisticated remote exams. Expect a heightened focus, too, on customers' financial health.June 23
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A new CFPB rule will expedite the forbearance and loss-mitigation process for consumers suffering financial hardship from the pandemic.June 23
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The Trump administration is accelerating its restrictions on immigration, including a ban on skilled workers that will make it harder for fintechs to hire people from outside the U.S.June 23
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The push for a public option to digitize government payments has gotten stronger, and the discussion has moved on from whether it should happen to how it should happen.June 11
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The acting head of the agency says it cannot continue relying on web-based exams put in place during the coronavirus and will start sending staff into banks.June 11
Acting ComptrollerOffice of the Comptroller of the Currency
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Groups representing community banks and credit unions generally support the new percentage-based goals set by the Federal Housing Finance Agency.June 10
