Regulation and compliance
Regulation and compliance
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The Wall Street bank turned an idea from its Eaton Vance acquisition into a time-saving automation for responding to regulators' requests.
May 20 -
Active collaboration, both among fintechs and between the industry and regulators, is the surest route to a future in which compliance obligations address real threats while allowing companies to thrive.
May 20 -
The Consumer Financial Protection Bureau has withdrawn guidance that allowed states to bring enforcement actions broadly under federal consumer protection laws.
May 19 -
Setting an artificial deadline for approving bank mergers will result in hasty, ill-considered decisions. The potential damage to consumers and communities far outweighs the possible benefits.
May 19 -
The tentative settlement represents a step toward resolving an issue that hung over Capital One's acquisition of Discover. That blockbuster deal closed on Sunday.
May 19 -
U.S. banks are sorted into different regulatory regimes based on asset-size thresholds established in another era. Those classifications need to be recalibrated and indexed to inflation.
May 19 -
Firing 90% of the Consumer Financial Protection Bureau's staff and stripping it down to "the statutory studs" is lawful, an attorney for the CFPB told an appeals court.
May 16 -
The Task Force on Climate-related Financial Risks won't be disbanded, according to people familiar with the matter.
May 16 -
Banks scored well in the tax bill out of Ways and Means this week, with wins on S Corps and rural lending, but have so far lost out on credit union taxes and additional burdens on payments competitors.
May 15 -
Federal Reserve Gov. Michael Barr said tariffs could have an outsize impact on small businesses and hardships could outlive the trade policy debate.
May 15