Regulation and compliance
Regulation
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A lack of access to financial services, particularly the inability to transfer funds overseas, can prevent lifesaving work from being carried out and has touched the refugee crisis in Europe, where many aid groups are delivering assistance.
November 4 -
There is no reason to waitand every reason to moveon improving the way the agency handles complaints related to exams and examiners, according to J. Mark McWatters, a member of the NCUA Board.
November 4 -
WASHINGTON Though the deadline for compliance is more than two years away, lenders are already warning that they do not have enough time to comply with a new rule that requires institutions to report additional data to regulators on home loans.
November 4 -
In what could be seen as another salvo in the battle between payments and financial services 'disruptors' and more traditional financial institutions, five large technology companies Google, Amazon, Apple, PayPal and Intuit have formed a lobbying and advocacy group.
November 4 -
The number of startup companies opting out of the State of New York more than a dozen since the financial services department's BitLicense regulation was finalized is troublesome.
November 4 -
There is a time, a place and a customer base for pseudonymous cryptocurrency. For regulated financial institutions, other types of shared ledgers those whose validators are legally accountable for certain terms of service may provide unique utility.
November 3 -
Banking regulators have been coy about whether they approve serving marijuana businesses, but lately one regional Fed bank has taken a strong position against the practice. But there are nearly three dozen Fed-supervised banks serving pot companies one of many seeming inconsistencies in an opaque and confusing regulatory policy.
November 3 -
The Federal Financial Institutions Examination Council issued a joint statement Tuesday advising financial institutions to take steps to defend against cyber-ransom attacks.
November 3 -
Banking regulators have been coy about whether they approve serving marijuana businesses, but lately one regional Fed bank has taken a strong position against the practice. But there are nearly three dozen Fed-supervised banks serving pot companies one of many seeming inconsistencies in an opaque and confusing regulatory policy.
November 3 -
WASHINGTON The House Financial Services Committee debated a bill Tuesday to remove a key Dodd-Frank Act size test that subjects any bank with over $50 billion in assets to heightened rules.
November 3 -
Google, Amazon, Apple, PayPal and Intuit have joined forces to promote policies they say will foster greater innovation in financial services.
November 3 -
First Horizon National in Memphis, Tenn., will record an $11.6 million expense in the third quarter, after an arbitration panel officially ruled against it in a securities-related dispute with First United Corp. in Oakland, Md.
November 3 -
Google, Amazon, Apple, PayPal and Intuit have joined forces to promote policies they say will foster greater innovation in financial services.
November 3 -
JPMorgan Chase agreed to pay California $50 million to resolve claims the bank cheated tens of thousands of credit-card customers while collecting debts from them, California Attorney General Kamala Harris said.
November 2 -
NCUA spruced up its website Monday with a slate of new features and a mobile-friendly redesign.
November 2 -
Bank of America has agreed to pay $335 million to settle a lawsuit claiming it misled shareholders about risky mortgages and its dependence on the electronic mortgage registry known as MERS.
November 2 -
Banks undergoing annual Federal Reserve assessments should feel emboldened to challenge "matters requiring attention," and the Fed should hear them out.
November 2 -
For "suspicious activity reports" to help combat crime, banks need to be able to disclose reports to their foreign branches and affiliates.
November 2 -
ALEXANDRIA, Va. NCUA on Friday said it issued three orders in October prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
November 2 -
Despite the NCUA chairmans insistence against extending the examination schedule, credit union advocates expressed optimism about the agencys commitment to making the process less painful.
October 30





