Regulation and compliance
Regulation
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CUNA and NAFCU are pushing for massive changes to the Consumer Financial Protection Bureau in 2017, along with reg reform and protecting recent changes to NCUA rules that seek to expand how credit unions do business.
January 3 -
OptimumBank in Plantation, Fla., has been hit with an enforcement action due to concerns about its asset quality, capital position, compliance with anti-money-laundering regulations and other issues.
January 3 -
Capital One Financial in McLean, Va., is facing regulatory delays in its bid to buy a credit card business from the outdoor equipment chain Cabela's.
January 3 -
Capital One Financial in McLean, Va., is facing regulatory delays as it looks to buy a credit card business from outdoor equipment chain Cabela's.
January 3 -
Since the Dodd-Frank Act was passed in 2010, bank industry representatives have confidently predicted that the next year would bring significant changes, only to see their hopes dashed amid partisan divisions over proposed fixes. Until now.
January 3 -
A group of central bankers has postponed its planned meeting to review the details of the final capital and governance standards outlined in the Basel III accords, offering little explanation except that "more time is needed" to complete the rules.
January 3 -
The new year is shaping up to be the one in which sizable changes to the Dodd-Frank Act are finally enacted, thanks to Republican victories in the White House, Senate and House.
December 30 -
The new year is shaping up to be the one in which sizable changes to the Dodd-Frank Act are finally enacted, thanks to Republican victories in the White House, Senate and House.
December 30 -
The debate over screen scraping has long pitted banks against fintech companies, but it has also recently captured the interest of another powerful interest group: Silicon Valley. That dynamic is set to make it one of the policy debates to watch closely in 2017, as companies like Google and Amazon are slowly starting to weigh in.
December 30 -
The National Credit Union Administration this month banned five individuals from participating in the affairs of any federally insured financial institution.
December 30 -
The industry doesn't want to attack the Consumer Financial Protection Bureau directly, but its push to reform the agency's leadership structure is a backdoor strike at the CFPB's very existence.
December 29 -
The New York Department of Financial Services has modified its cybersecurity rule after financial executives registered a number of complaints at a hearing in Albany last week.
December 28 -
Banks' ethical and regulatory missteps have been a source of consternation for regulators and the general public since the 2008 financial crisis. So how can the Trump administration balance accountability with its promises of low regulation and high growth?
December 28 -
The New York State Department of Financial Services has modified its cybersecurity rule after a strong pushback from bankers, including at a hearing in Albany last week.
December 28 -
The Consumer Financial Protection Bureau faces a precarious and uncertain future in 2017 with all eyes focused on two questions: whether President-elect Donald Trump will attempt to fire agency director Richard Cordray and if Congress can successfully restructure the agency by changing its leadership and funding.
December 27 -
The Consumer Financial Protection Bureau faces a precarious and uncertain future in 2017 with all eyes focused on two questions: whether President-elect Donald Trump will attempt to fire agency director Richard Cordray and if Congress can successfully restructure the agency by changing its leadership and funding.
December 27 -
With the change in administration and more friendly economic conditions, policymakers should consider greater balance between principles- and rules-based approaches.
December 27 -
Deutsche Bank AG will have to clear a lower capital hurdle next year, joining other European lenders who are benefiting from a change in how the European Central Bank sets the requirements.
December 27 -
While European banks worry about losing revenue because of the new Payment Services Directive (PSD2) requirement for opening up access to application program interfaces (APIs), they will benefit from the coming marketplace of premium APIs.
December 27 -
As regulators open the door to payment startups and other fintech firms applying for bank charters, what has already been a long journey to this point is only going to get more intense.
December 27







