Regulation and compliance
Regulation
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NCUA said in a press release Friday that it has barred three former credit union employees from working at a federally insured financial institution.
October 31 -
As regulators heighten their scrutiny of Bitcoin businesses, several digital currency supporters are looking for business models that do not subject them to the cumbersome requirements they would face as money services businesses or money transmitters.
October 31 -
Policymakers are closing in on developing rules key to ensuring the ability of the government to take over failing behemoths, but the ultimate success of their plan may depend on how fast regulators can act.
October 29 -
The Federal Reserve Board on Tuesday issued a final rule establishing common risk management standards for all financial market utilities subject to central bank supervision.
October 28 -
A senior lawmaker's bid to take the Financial Services Committee gavel next year from Chairman Jeb Hensarling, R-Texas, is unlikely to prove successful, but the effort could still have far-reaching implications for House Republicans.
October 28 -
The "marriage" that Apple's CEO and Alibaba's founder are hinting at could create a mobile wallet with a global reach that well exceeds that of most banks, telcos and other mobile-wallet developers active in either company's home market.
October 28 -
What initially appeared to be a listening session by a key federal regulator about access to checking accounts has sparked concerns that the agency may be seeking to go much further in dictating how and when credit unions and banks open accounts for consumers.
October 28 -
Housing policy needs to be refocused on strengthening household balance sheets, especially by making borrowersmore resilient to home price declines. A new 15-year fixed-rate mortgage that allows borrowers to use the down payment to buy down the interest rate on the loan is designed to do just that.
October 28 -
The elections on Nov. 4 are expected to be "the most expensive" mid-term race in history, with banks hoping for Republican control of the Senate in the hopes of enacting some regulatory relief. Following are how much the financial services industry has given and who they've given it to.
October 24 -
The mid-term elections next month are on track to be one of the most expensive contests to date, and the financial services industry remains a top political donor.
October 24 -
WASHINGTON Risks posed by rising interest rates are once again a top theme in stress test scenarios released by the Federal Reserve Board on Thursday.
October 23 -
The Fed's hotly-anticipated road map outlining plans to speed up the U.S. payment system will call for the creation of several industry-led task forces and recommend building a new infrastructure to facilitate real-time payments.
October 23 -
Small banks and credit unions should work together to put pressure on legislators and regulators to reduce unnecessary and cumbersome regulations.
October 23 -
The Volcker Rule's data-intensive requirements are creating headaches for banks that still rely on manual processes and use multiple, disparate systems for securities and different derivatives trading.
October 23 -
WASHINGTON The Federal Reserve Board and Securities and Exchange Commission on Wednesday both signed off on an interagency rule requiring securitizers to hold 5% of the credit risk on loans sold to investors.
October 22 -
ALEXANDRIA, Va. NCUA is set to receive more than $17,000 in fines from 44 credit unions that have agreed to civil money penalties as a result of filing late second-quarter call reports.
October 22 -
The Apple Pay effect on m-commerce should result in more attention for mobile-heavy Bitcoin transactions, but virtual currencies are still being held back by unclear regulations, according to payment executives.
October 22 -
The risk retention rule unveiled Tuesday was hailed by the industry for its definition of a "qualified residential mortgage," but analysts say a comeback for private-label securitization still faces huge obstacles.
October 21 -
The GSE regulator's second attempt to stimulate the mortgage market is receiving a lukewarm reception from lenders, who remain gun-shy after being forced by Fannie and Freddie to repurchase billions of dollars in soured loans since 2008.
October 21 -
The SEC's mammoth whistleblower bounty offers a reminder that financial institutions should emphasize a culture of compliance and transparency, lest frustrated employees head to the government to find an audience that will listen.
October 21



