Regulation and compliance
Regulation
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If stablecoins facilitate payments in the future it could have broad implications, acting Chairman of the Federal Deposit Insurance Corp. Martin Gruenberg said.
October 20 -
Any limitations on the distribution of pandemic relief and other payments are the result of instructions from the IRS, or the Federal Reserve's failure to operate a 24/7 payments system — and not shortcomings of the automated clearing house network, writes the head of Nacha.
October 20 -
The U.S. Court of Appeals for the 5th Circuit overturned a lower court's ruling, declaring the agency's funding structure and its 2017 payday lending rule invalid.
October 20 -
The Federal Reserve sounded a note of caution on the U.S. economy, which expanded "modestly" through early October with slowing activity raising recession concerns amid some indications of easing inflationary pressure.
October 19 -
Silvergate Capital shares slumped 23% after the cryptocurrency-focused bank's third-quarter results missed consensus estimates and a much-anticipated stablecoin launch was delayed.
October 19 -
JPMorgan Chase has hired a new head of digital assets regulatory policy, less than a month after CEO Jamie Dimon told lawmakers that cryptocurrencies are "decentralized Ponzi schemes."
October 19 -
War and the increase in anti-ESG sentiment in the U.S. are part of a new and "complex" set of hurdles making it much harder for Wall Street to meet the climate promises it's made, according to the chair of the Net-Zero Banking Alliance.
October 19 -
The bankrupt cryptocurrency lender Celsius Network faces U.S. federal "investigations," according to a filing from lawyers for its committee of unsecured creditors.
October 19 -
HSBC Holdings has been reprimanded by a U.K. watchdog for violating environmental advertising rules, after it sought to depict itself as a green bank in a set of posters.
October 19 -
The Federal Housing Finance Agency's tangible capital rule could prevent some banks from accessing advances from the Federal Home Loan Bank system in a rising interest rate environment.
October 18 -
Some regional Federal Reserve bank directors last month favored raising a key interest rate by a smaller or larger amount than the 75 basis points that policymakers ultimately decided was needed to curb persistent inflation.
October 18 -
The SAFE Banking Act has been passable for almost a decade, but one thing or another has always gotten in the way. Congress should pass it now.
October 18 -
The Federal Deposit Insurance Corp. also approved the advance notice of proposed rulemaking for large-bank resolvability requirements and made some changes to its process for banks to appeal supervisory decisions.
October 18 -
The world's biggest climate coalition for bankers says it has the right to ignore a proposal that would require members to phase out the financing of fossil fuels.
October 18 -
German authorities raided Deutsche Bank's headquarters as well as the home of former co-CEO, Juergen Fitschen, as part of a vast investigation of the controversial Cum-Ex transactions that's embroiled some of the world's most powerful financial firms.
October 18 -
The bank regulators said they are open to all possibilities as they sought input on potential changes to resolution policies for large regional banks, but that hasn't stopped policy specialists from reading between the lines.
October 18 -
Credit Suisse Group agreed to pay $495 million to settle the largest remaining case related to its role in selling residential mortgage-backed securities in the U.S. that contributed to the 2008 financial crisis.
October 18 -
U.S. prosecutors and several federal regulators are seeking information from the bankrupt crypto lender Celsius Network.
October 17 -
ING said it is aware of the Payvision probe but is not itself a subject of this investigation.
October 17 -
The industry needs a leader to be the face of a lawsuit challenging the proposal. The author nominates JPMorgan Chase's Jamie Dimon.
October 17






















