Law and regulation

The Office of the Comptroller of the Currency has updated its accounting guidelines to reflect the new regulatory-capital requirements outlined in Basel III set to take effect next year.

The Treasury Department expects to receive roughly $66 million from a recent auction of stakes it owns in seven banks from the Troubled Asset Relief Program.

A law intended to make the National Flood Insurance Program sustainable could force many owners out of their homes and hurt the housing recovery.

A lesson for Congress in liquidity risk and market contagion.

SunTrust Banks (STI) has agreed to pay $1.5 billion to resolve claims of shoddy mortgage lending, servicing and foreclosure practices.

WASHINGTON — The Federal Deposit Insurance Corp. told banks Thursday to be wary of liability insurance policies that could still force directors and officers to have to pay civil damages.

Proposals for a supplemental leverage ratio would treat cash, and the safest cash-like assets, like any risky asset. This may discourage banks from keeping their current high levels of liquidity.

The Shared National Credits report cited alarm about syndicated loans made to borrowers with higher leverage than normal, with 42% of such credits "criticized" by regulators.

Treasury Secretary Jacob Lew and financial industry officials warned lawmakers on Thursday about the multitude of economic consequences that a default on government debt could bring, just days before the country reaches its borrowing limit.

Ten large U.S. and European banks are using software from Digital Reasoning to uncover employees' corrupt activities.

Barclays Plc failed to pay $488 million in fines and disgorgement demanded by the U.S. Federal Energy Regulatory Commission for rigging California electricity prices, the agency said in a court petition seeking to enforce the July order.

Julie Stackhouse at the St. Louis Fed admits that some regulators who once questioned the role of smaller institutions are now committed to hearing their concerns and making improvements.

With the CFTC on hiatus during the government shutdown, the industry should take the opportunity to consider the potential damage for a market that has become integral to banking.

The Consumer Financial Protection Bureau has decided to pull its enforcement attorneys from exams with financial companies after banks declared their opposition of their presence.

The Chinese market has long been tough for foreign companies to break into, but over the past five years the cultural and political environment has changed in a way that presents some fresh possibilities.

WASHINGTON — The Consumer Financial Protection Bureau has agreed to pull its enforcement attorneys out of exams with financial companies after relentless opposition from bankers to their presence.

Regulation-by-numbers under Dodd-Frank is taking the art out of community banking and narrowing the borrowing window for lenders and needy borrowers alike. That was one of the key take-aways from the Federal Reserve's first ever conference on community bank research.

Janet Yellen shouldn't have needed anyone's help to be nominated to lead the Fed. Her tortuous path underscores the importance of rallying around qualified women candidates for industry leadership positions.

Almost everyone has an opinion about how to reform Fannie and Freddie, but some housing experts say the status quo isn't so bad.

Janet Yellen is expected to take a more hands-on role in bank regulation than her predecessors if she is confirmed to be the next chairman of the Federal Reserve Board.