Regulation and compliance
Regulation
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China has officially opened its doors to payment companies from beyond its borders, this week unveiling the formal rules for foreign companies applying for bank-clearing privileges.
June 8 -
The Federal Reserve Board and Federal Deposit Insurance Corp. on Wednesday gave the four systemically important foreign banks one additional year to file their living wills.
June 8 -
Without the Consumer Financial Protection Bureau setting specific debt collection guidelines including what technology agencies can use the industry will continue a practice that harms consumers: lawsuits.
June 8 -
Advocates of free trade and fighting protectionism are more likely to focus on industries like steel and agriculture, but they should also pay attention to the payments sphere.
June 8 -
Federal regulators issued a statement Tuesday reminding banks how they can protect themselves from cyberattacks.
June 7 -
Sen. Dick Durbin, D-Ill., wrote to Visa on Tuesday to denounce an alleged new fee assessed by the company on credit and debit card issuers that see their business shift to a competing card network.
June 7 -
Sen. Dick Durbin, D-Ill., wrote to Visa on Tuesday to denounce an alleged new fee assessed by the company on credit and debit card issuers that see their business shift to a competing card network.
June 7 -
With Democrats already opposing a bill by Rep. Jeb Hensarling, R-Texas, to roll back Dodd-Frank, his chances of long-term success depend on support by Donald Trump. The two met to discuss the plan on Tuesday.
June 7 -
Federal regulators issued a statement Tuesday reminding credit unions and banks how they can protect themselves from cyberattacks.
June 7 -
Sen. Dick Durbin, D-Ill., wrote to Visa on Tuesday to denounce an alleged new fee assessed by the company on credit and debit card issuers that see their business shift to a competing card network.
June 7 -
With Democrats already opposing a bill by Rep. Jeb Hensarling, R-Texas, to roll back Dodd-Frank, his chances of long-term success depend on support by Donald Trump. The two met to discuss the plan on Tuesday.
June 7 -
With the Consumer Financial Protection Bureau expected to clarify its integrated disclosure rules in July, lenders want to know how to remain compliant when unexpected changes come up right before a closing.
June 7 -
The Consumer Financial Protection Bureau's complex payday lending proposal is sparking concerns that state legislatures will try to repeal existing usury laws and allow a parade of pro-payday-lending bills to move forward.
June 7 -
House Financial Services Committee Chairman Jeb Hensarling R-Texas, is set Tuesday to unveil an ambitious plan to revamp the Dodd-Frank Act and replace it with a capital-based alternative during a speech in New York City.
June 7 -
House Financial Services Committee Chairman Jeb Hensarling R-Texas, is set Tuesday to unveil an ambitious plan to revamp the Dodd-Frank Act and replace it with a capital-based alternative during a speech in New York.
June 7 -
At a time when most banks are finding it harder to make money from overdraft fees, new data shows that Wells Fargo, Bank of America and JPMorgan Chase are bucking the industrywide trend. The numbers are renewing consumer-protection concerns ahead of a CFPB rule-writing process set to begin later this year.
June 6 -
WASHINGTON A bipartisan group of lawmakers is urging the Consumer Financial Protection Bureau to change how it calculates title insurance fees as part of the new integrated mortgage disclosures.
June 6 -
The Consumer Financial Protection Bureau filed a lawsuit Monday against payment processer Intercept Corp. and its two top executives for allegedly enabling clients to withdraw millions of dollars' worth of illegal charges from consumer bank accounts.
June 6 -
The Consumer Financial Protection Bureau filed a lawsuit Monday against payment processer Intercept Corp. and its two top executives for allegedly enabling clients to withdraw millions of dollars worth of illegal charges from consumer bank accounts.
June 6 -
The next president whoever it is will have the chance to advance a nomination for the Federal Reserve vice chairman for supervision, a job for which no one has yet been nominated. That selection could affect bank regulation for decades.
June 6





