Regulation and compliance
Regulation
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The Bank of England, together with the Financial Conduct Authority and the Prudential Regulation Authority, has cautioned U.K. banks to prepare for cyberattacks and technical failures.
July 11 -
The Supreme Court nominee’s views on the CFPB and the Chevron doctrine are considered favorable for the industry, but some say weakening agency deference is a double-edged sword.
July 11 -
The New York State Department of Financial Services report recommended putting online lenders on a more equal playing field with traditional firms.
July 11 -
Good times end eventually. And it is inevitable that some new approach to banking will cause financial institutions to fall flat in a downturn.
July 11 -
In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the greatest threats to the public is just emerging: red-hot markets for crypto coins.
July 11 -
The Montana senator, who faces a tough re-election fight, was a key backer of the bipartisan bill to ease certain provisions of the Dodd-Frank Act.
July 11 -
The U.S. Securities and Exchange Commission is putting its weight behind allegations of insider trading that Heartland Payment Systems has levied against its former CEO.
July 11 -
A credit union targeted in a recent opinion piece is striking back against inaccurate claims.
July 11 -
Banks need to be prepared for increased regulatory scrutiny as they adopt artificial intelligence technologies.
July 11 -
This is the trade association’s 15th such filing in response to disputes regarding credit union websites and the Americans with Disabilities Act.
July 11 -
If the GOP keeps the Senate, the Pennsylvania Republican, who has pressed for bigger changes to the Dodd-Frank Act than recently enacted regulatory relief legislation, could be the next banking chair. Here's what that means for credit unions.
July 10 -
The California Democrat would have more of a bully pulpit as chair of the Financial Services Committee, but some say she could take a pragmatic approach to passing banking legislation.
July 10 -
The Senate Banking Committee's top Democrat singled out Morgan Stanley and Goldman Sachs, which he said "got passing grades" despite being unable to maintain minimum required capital levels.
July 10 -
When GDPR went into effect in May, it was expected that the European law would touch a lot of U.S. payment companies because of their international scope. Now it's clear that even purely domestic U.S. firms will have to adhere to some version of the data-privacy law.
July 10 -
Despite some criticisms of the strategy, community banks should continue to pair up with fintech companies that can help them expand their digital offerings.
July 10 -
A more conservative court will be likelier to rule favorably on issues ranging from the deference for regulatory agencies to what constitutes a fair-lending violation.
July 9 -
Brian Johnson will serve as the agency's acting deputy director, succeeding Leandra English, who recently said she plans to resign from the CFPB.
July 9 -
Almost 10 years after the financial crisis, Wall Street was starting to wonder aloud: Might Goldman Sachs or Morgan Stanley make a big acquisition? Much of that speculation got a reality check on June 28 when both firms scraped through the Federal Reserve's annual stress tests.
July 9 -
A more conservative court will be likelier to rule favorably on issues ranging from the CFPB's leadership structure to what constitutes a fair-lending violation and more.
July 9 -
The rise of AI, high-frequency trading and other complex activities is all the more reason for policymakers and financial executives to sharpen their understanding of science, technology, engineering and math.
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