Regulation and compliance
Regulation
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Federal Reserve Gov. Daniel Tarullo laid out his vision for identifying and addressing any possible risks in the asset management industry, which he said centers around run risks and potential for creating excessive leverage.
June 4 -
Nearly three dozen Senate Democrats are pushing the Consumer Financial Protection Bureau to adopt "the strongest possible" payday lending rules, including a requirement that lenders assess consumers' ability to repay the loan.
June 4 -
As part of its proposed sale to Royal Bank of Canada, City National has made a big Community Reinvestment Act commitment, which includes targeting small-business loans at the minority- and women-owned suppliers of three power companies.
June 4 -
BB&T has received regulatory approval for its acquisition of Bank of Kentucky Financial, with the Federal Reserve providing a blueprint for approvals of future deals.
June 3 -
Democrats in the House and Senate have banded together around a regulatory relief bill for community banks, a response to broader reforms proposed by Republicans to roll back parts of the Dodd-Frank Act.
June 3 -
In the wake of a report that the Financial Crimes Enforcement Network (FinCEN) has identified more than 50 credit unions at risk of serving as a conduit for money laundering activities, the CU trades and regulators alike were scrambling to respond to what NCUA suggested could be a regulatory blind spot.
June 3 -
With New York's framework for regulating digital currency now final, a looming question is whether other states such as California will follow suit.
June 3 -
New Yorks financial services regulator revealed its final version of a new digital currency regulatory framework Wednesday, but a big question already is whether the effort will get replicated in other states.
June 3 -
NCUA has organized a webinar aimed at helping the industry navigate international funds transfers.
June 3 -
The Consumer Financial Protection Bureau issued a blog post Wednesday designed to mollify industry and congressional concerns that lenders will not be ready to implement new disclosure forms by an Aug. 1 deadline.
June 3 -
Departing New York state regulator Benjamin Lawsky revealed the final version of the BitLicense, the regulatory framework for digital currency businesses his department has developed over the past 18 months.
June 3 -
Departing New York state regulator Benjamin Lawsky revealed the final version of the BitLicense, the regulatory framework for digital currency businesses his department has developed over the past 18 months.
June 3 -
The "too big to fail" problem can't be solved with living wills and orderly liquidation. Rather, a structural solution is needed to reduce the size of mega-institutions.
June 3 -
It's no grace period, but the Consumer Financial Protection Bureau is working placate lender fears of hasty enforcement of its new integrated disclosure rules.
June 3 -
As the first legal briefs are filed in MetLife's challenge to FSOC's decision to designate the life insurance giant as systemically risky, the interagency council and outsiders are pointing to the high bar the company has to clear to convince the court to overturn the decision.
June 2 -
Sen. Elizabeth Warren, D-Mass., sharply criticized Securities and Exchange Commission Chair Mary Jo White on Tuesday, asking for details about the agency's enforcement actions and the implementation of key Dodd-Frank Act rules.
June 2 -
Banks and mortgage lenders are in the final stretch of preparing to deliver new TILA-Respa Integrated Disclosures to homebuyers starting Aug. 1. But it's not just the change of forms that is causing alarm bells. Fines could be steep, and legal liability could be even higher, for violators, while necessary technological changes are expensive, they say.
June 1 -
Newly elected Rep. French Hill knows firsthand what it's like to lead a bank through a crisis and implement the sometimes complex rules of Dodd-Frank. That knowledge may prove key as he battles to make regulation simpler for small banks.
June 1 -
The Federal Reserve Board on Friday announced the appointment of a senior official at the Federal Reserve Bank of Chicago to lead the central banks efforts to improve the national payments system.
May 29 -
Former Wells Fargo Chief Executive Richard Kovacevich on Friday said that "regulation is killing small banks."
May 29


