Regulation and compliance
Regulation
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As President-elect Donald Trump publicly weighed his choices for Treasury secretary, several names floated were well known to the banking industry, and would have taken the job with a host of clear priorities and positions.
November 30 -
President-elect Donald Trumps choice for Commerce secretary is a billionaire investor who swooped in to prop up troubled banks after the financial meltdown. Some members of the banking world, including regulators, may be glad he was picked for Commerce chief instead of Treasury secretary.
November 30 -
Post-crisis regulations were not only costly but may have undermined executive accountability by turning CEOs into compliance managers instead of drivers of business decisions.
November 30 -
With access to financial transaction data under threat by hurdles imposed by certain financial institutions, it should be up to consumers to decide how their data is used to improve their financial well-being,
November 30 -
President-elect Donald Trump's imminent choice for Commerce secretary is a billionaire investor who swooped in to prop up troubled banks after the financial meltdown. Some members of the banking world, including regulators, may be glad he was picked for Commerce chief instead of Treasury secretary.
November 29 -
Former BB&T Chief Executive Officer John Allison, a top candidate for the next Treasury secretary, reiterated Tuesday that policymakers should consider eliminating or reducing the deposit insurance level.
November 29 -
At the California and Nevada Credit Union Leagues’ Annual Meeting and Convention in Las Vegas earlier this month, attendees cheered the National Credit Union Administration for making several changes to field of membership rules that expanded options for Americans to join a credit union. NCUA finalized some rules and proposed further changes. Meanwhile, the Independent Community Bankers of America have made noises about a lawsuit. ICBA already filed suit against NCUA for its recent member business lending rule.
November 29 -
The credit union had asset of just over $76,000, and NCUA determined it was insolvent with no prospect for restoring viable operations.
November 29 -
WASHINGTON The House is expected to vote on a bill this week that would change the way banks are designated as systemically important and subjected to tougher regulatory requirements.
November 29 -
A request by the IRS for user data from a bitcoin exchange highlights simmering tensions between compliance and customer privacy for financial institutions and will test how those demands are balanced in the young field of cryptocurrency.
November 29 -
John Allison, a contender for President-elect Donald Trumps Treasury secretary, is a staunch opponent of the Federal Reserve Board, the Basel international accords, the governments support of the housing finance industry and the Dodd-Frank Act of 2010.
November 29 -
The Internal Revenue Service's petition for information on Coinbase customers is an overreach that should concern Americans regardless of whether they use bitcoin.
November 29 -
John Allison, a contender for President-elect Donald Trumps Treasury secretary, is a staunch opponent of the Federal Reserve Board, the Basel international accords, the governments support of the housing finance industry and the Dodd-Frank Act of 2010.
November 28 -
As the holiday shopping season kicks off, retailers are preparing for an influx of payment volume from shoppers and scammers alike. Here are a few of the problems they face.
November 28 -
The Consumer Financial Protection Bureau warned financial companies on Monday to properly manage employee incentives that can pose significant risks to consumers, part of the ongoing fallout from Wells Fargo's phony account openings.
November 28 -
While the IRS has targeted banks with broad "John Doe" summonses, it does not typically ask financial institutions to turn over information on all of their account holders, as the agency wants Coinbase, a bitcoin exchange, to do.
November 28 -
The Los Angeles City Council passed a motion last week to restrict large banks vying for city contracts from using predatory sales goals in response to the furor over Wells Fargo's phony accounts scandal.
November 28 -
With the election of Donald Trump in the U.S. and an increasingly isolationist mood pervading European banking regulators, the international Basel III accords that underpinned much of the global post-crisis regulatory framework face an uncertain future.
November 28 -
The election results will only intensify factors making competition with bank lenders more difficult, including the effect of interest rates as well as the regulatory environment.
November 28 -
How Align Credit Union was able to lighten its compliance burden and improve its branching strategy in one fell swoop.
November 27






