Regulation and compliance
Regulation
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Regulators on Thursday posted another round of abridged resolution plans for regional U.S. banks and scores of foreign-owned institutions.
January 15 -
Sen. Richard Shelby, R-Ala., is quickly assembling his team after being formally named head of the Banking Committee just last week, with many current and former staffers for the lawmaker taking top slots.
January 15 -
The Consumer Financial Protection Bureau said Wednesday that it was seeking comment on a so-called "safe student account scorecard" that colleges could use to see how financial institutions structure the fees, features and "sales tactics" of financial products to students before forming a partnership.
January 15 -
House lawmakers approved a package of financial services bills on Wednesday, including a controversial delay of the Volcker Rule, despite strong opposition from key Democrats.
January 14 -
A federal agency's plan to tighten membership rules for Federal Home Loan banks would hurt community banks and credit unions and could endanger the financial system, according to a broad array of stakeholders, including state regulators, lawmakers and institutions.
January 14 -
The Consumer Financial Protection Bureau is considering releasing a tool that would show schools exactly how much financial institutions will charge borrowers for providing certain account services on campus.
January 14 -
NCUA has announced that Consumer Financial Protection Bureau Director Richard Cordray will take part in a town hall webinar with NCUA Chair Debbie Matz on Tuesday, Feb. 10 at 3:00 p.m.
January 14 -
Regulators want banks to police MSBs for illicit activity, but they do not view all such businesses as high-risk, said David Cohen, Treasury's top AML official.
January 14 -
Its taken the U.S. years to embrace, but the migration to Chip and PIN payment technology and its associated liability shift will finally happen in 2015.
January 14 -
Regardless of the outcome, MetLife's decision to fight the Financial Stability Oversight Council's ruling that the insurer is "systemically important" will have serious implications for the council's ability to rein in nonbanks.
January 13 -
Regulators want banks to police MSBs for illicit activity, but they do not view all such businesses as high-risk, said David Cohen, Treasury's top AML official.
January 13 -
As banks look to cuts costs and improve efficiency, many are actively trying to reduce the number of times they "touch" a loan file. The goal: get the application right the first time so it doesn't have to be sent back to the underwriter for time-consuming and costly fixes.
January 13 -
Processor First Data is working more closely with long-time partner Underwriters Laboratories to speed up the EMV testing process and certify the chip-card technology in the U.S.
January 13 -
President Obama signed into law a six-year extension to the Terrorism Risk Insurance Act on Monday night, putting to rest months of debate over the program.
January 13 -
The White House rolled out several more cybersecurity provisions on Tuesday, including a proposal to better coordinate information sharing between the government and the private sector around cyberattacks and emerging threats.
January 13 -
The CFPB should receive its funding from Congress rather than the Federal Reserve in order to increase its accountability. Lawmakers should also take steps to limit the power accorded to the agency's director.
January 13 -
The Consumer Financial Protection Bureau is launching a toolkit on Tuesday that will help consumers shop for a mortgage by finding the best rates in their area based on data the agency gathers from lenders.
January 13 -
The insurance provider MetLife said it will file a lawsuit Tuesday to challenge its designation as a systemically important financial institution, arguing the Financial Stability Oversight Council erred in making the determination.
January 13 -
The Consumer Financial Protection Bureau is launching a toolkit on Tuesday that will help consumers shop for a mortgage by finding the best rates in their area based on data the agency gathers from lenders.
January 13 -
The Federal Deposit Insurance Corp. is attempting to clarify its policy regarding brokered deposits after a persistent flood of inquiries from bank and others about what meets the definition.
January 9


