Regulation and compliance
Regulation
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Tremont CU can now serve the member companies of the Massachusetts Biotechnology Council.
October 28 -
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.
October 28 -
Mastercard's positioning its effort as a call to action — instead of a mandate — to bring stakeholders together to produce best practices to project data.
October 28 -
Regulatory bodies are making modifications to disclosure requirements with greater frequency, requiring issuers to spend time and money to make updates across what is often a complex mixture of products, communications and channels, says Messagepoint's Fred Harding.
October 28 -
Why the Toronto bank is focusing on digital features; complaints about credit monitoring plans flood CFPB; the strategies midsize banks are relying on to stimulate growth; and more from this week’s most-read stories.
October 25 -
The Raleigh-based credit union hit its latest milestone just three years after reaching 200,000 members.
October 25 -
Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.
October 25 -
The card networks’ new buy button, called "click to pay," is merely a stepping stone to providing a foundation for pervasive, invisible payments.
October 25 -
It's time to establish a fintech commission.
October 25 -
Digital payments and new financial services add complexity to the rules, says Joel Sherwin of Weinberg Gonser LLP.
October 25 -
The Rakuten application has opened another front in the battle over nonfinancial companies' ownership of banks.
October 24 -
Visa is becoming more reliant on the businesses that it could have easily considered rivals just a few years ago.
October 24 -
The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.
October 24 -
The 2018 Statistical Report from the World Council of Credit Unions shows the industry continuing to grow, though 80% of global assets are held in North America.
October 24 -
The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Commodity Futures Trading Commission and the Securities and Exchange Commission announced Thursday they had joined the Global Financial Innovation Network.
October 24 -
Facebook CEO says the company won’t purse Libra anywhere if U.S. regulators disapprove; the agency says “guidance” was actually “rules.”
October 24 -
With Congress deadlocked on a future for Fannie Mae and Freddie Mac, the administration is prepping to move by itself.
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The Government Accountability Office determined that three Obama-era letters from the central bank related to large-bank supervision should have been submitted for congressional review.
October 23 -
The Corporate Transparency Act would require companies to report their true owners to the Financial Crimes Enforcement Network, removing the burden of financial institutions to collect beneficial ownership information about their clients.
October 23 -
A federal judge says the agency can’t issue national bank charters to fintechs; Facebook’s CEO will state his case at a House hearing.
October 23



















