Regulation and compliance
Regulation
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Though the bulk of NCUA Debbie Matz's speech was scripted at NAFCU's annual conference, there were a few surprises.
June 26 -
As the fifth anniversary of Dodd-Frank approaches, regulators in the U.S. and around the world appear to be joining the financial industry in favoring an approach to shadow banking that focuses on risky activities, rather than entities.
June 26 -
WASHINGTON Certain indicators of financial risk appear to be getting worse, including term premiums for Treasury bonds and dealer inventories of fixed-income assets, according to the Office of Financial Research.
June 26 -
Chris Myklebust will become commissioner of the Colorado Division of Banking. In his previous job, he approved a charter for a CU to serve the state's legal marijuana industry.
June 26 -
The CFBP says it has not made any change to the definition of "creditor" under the Truth In Lending Act new rules regarding TRID even though CUNA said it found a discrepancy relating to exemptions for small lenders.
June 25 -
House Democrats wanted to talk about anything but allegations of employee discrimination at the CFPB raised by recent news reports.
June 25 -
In a huge win for housing advocates and a setback for the banking industry, the Supreme Court on Thursday upheld the use of "disparate impact" in a Texas case alleging housing-related discrimination.
June 25 -
If approved, Core Commercial Bank would be just the third new bank to open in the U.S. since the financial crisis.
June 25 -
In their ongoing quest to undo the most burdensome provisions of the Dodd-Frank Act, bankers invite lawmakers to spend a day in their branches.
June 25 -
A senior civil rights official at the Consumer Financial Protection Bureau is poised to tell Congress Thursday that the agency willfully disregards the process for handling internal employee complaints of discrimination and has repeatedly retaliated against staff who spoke out.
June 25 -
A senior civil rights official at the Consumer Financial Protection Bureau is poised to tell Congress Thursday that the agency willfully disregards the process for handling internal employee complaints of discrimination and has repeatedly retaliated against staff who spoke out.
June 24 -
TRENTON, N.J. The Garden State will soon have a new banking commissioner.
June 24 -
The growing popularity of impact investing has led to a raft of new disclosure rules. The problem is that using the SEC to monitor companies' CEO pay policies and use of "conflict minerals" decouples the government agency's authority from its area of jurisdiction.
June 24 -
The percentage of funds that NCUA annually transfers to its operating budget from the National Credit Union Share Insurance Fund to cover expenses of the agency known as the "overhead transfer rate" is subject to notice and comment requirements under federal law, according to a legal analysis by NASCUS.
June 24 -
Bank of the Orient in San Francisco has received a federal cease-and-desist order because of shortcomings in its compliance with anti-money-laundering rules.
June 23 -
According to the agency's 2014 Annual Report, NCUA failed to meet all of its targets in some cases even losing ground for increasing the number of females, minorities and persons with disabilities at all levels of the organization, including management.
June 23 -
Congress should avoid becoming so focused on the problems with big banks that they overlook the community lenders suffering from a lack of regulatory relief.
June 23 -
Cumbersome regulations for prepaid products proposed by the Consumer Financial Protection Bureau could reduce consumer-friendly market competition, discourage innovation and effectively cut off many Americans participation in the digital economy.
June 23 -
The Dodd-Frank Act called on regulators to develop ways to assess diversity practices in the financial sector, but the guidelines are getting panned by critics who say they do not go far enough.
June 22 -
New York Community Bancorp would stay profitable and maintain capital levels well above the necessary minimum if it was hit with a sustained economic shock, its stress-test report said. It is one of the larger banks subject to the so-called DFAST review.
June 22


