Regulation and compliance
Regulation
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The Department of Justice is criticizing an appeals court ruling striking down the Consumer Financial Protection Bureau's single-director structure, saying the decision overstepped Supreme Court precedent.
December 23 -
The Department of Justice is criticizing an appeals court ruling striking down the Consumer Financial Protection Bureau's single-director structure, saying the decision overstepped Supreme Court precedent.
December 23 -
The Community Home Lenders Association is urging the incoming Trump administration to help recapitalize Fannie Mae and Freddie Mac by stopping, at least temporarily, the quarterly profit sweeps that go into the U.S. Treasury.
December 23 -
Opposition is lining up against the Consumer Financial Protection Bureaus arbitration plan. A Republican-controlled Congress is expected to overturn a final rule even as industry groups file lawsuits to stop it from going into effect. Some attorneys think the arbitration rule-making is already dead on arrival.
December 22 -
WASHINGTON Senate Democrats are keeping up the pressure on Wells Fargos board to answer questions about the fake account scandal.
December 22 -
At a time when individual accountability at corporations is mounting, here is how compliance officers can detect and prevent fraud occurrences within their own firms.
December 22 -
The Consumer Financial Protection Bureau is facing renewed pressure by consumer groups and think tanks to move forward with a plan that would rein in overdraft programs.
December 22 -
President-elect Donald Trump on Wednesday tapped billionaire investor Carl Icahn to be a special adviser on regulatory reform.
December 21 -
Democrats are shuffling the deck chairs of the Senate Banking Committee and will have an additional seat on the panel when the 115th Congress convenes in January.
December 21 -
Democrats are shuffling the deck chairs of the Senate Banking Committee and will have an additional seat on the panel when the 115th Congress convenes in January.
December 21 -
The Philippines is considering regulations for digital currencies as the government seeks to bolster protection for the increasing number of overseas Filipinos using bitcoin and its counterparts to send money home.
December 21 -
In the headlong rush to revolutionize modern finance, blockchain enthusiasts are overlooking one potentially costly problem: their applications, built on open-source code, may actually belong to someone else.
December 21 -
A former senior teller at Exchange National Bank & Trust in Atchison, Kan., has been sentenced to prison time and ordered to pay restitution after pleading guilty to an embezzlement scheme.
December 21 -
President-elect Donald Trump has threatened retaliatory tariffs on China if they cheat on their trading obligations. A good place to start would be Chinas payment card market.
December 21 -
A total of $9,364 in penalties will be forwarded to the U.S. Treasury.
December 21 -
As the Federal Reserve raises interest rates, the central banks payment of interest on excess reserves is getting renewed scrutiny. Banks are worried those payments a critical monetary policy tool -- may get hijacked in the next Congress, and want to stop it before it starts .
December 21 -
The Federal Reserve Board has banned two former Regions Financial executives from the banking industry following their indictment on charges of defrauding the Birmingham, Ala., company.
December 21 -
The Federal Reserve and Federal Trade Commission investigated Visa for debit practices, a move that enhances competition in the marketplace for merchants.
December 21 -
Flagstar Bancorp in Troy, Mich., said that the Office of the Comptroller of the Currency has terminated its 2012 consent order with its Flagstar Bank on Monday.
December 20 -
The Consumer Financial Protection Bureau is facing renewed pressure by consumer groups and think tanks to move forward with a plan that would rein in overdraft programs, but that product has been a boon to credit union revenue streams in recent years.
December 20







