Regulation and compliance
Regulation
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As CUNA and NAFCU face off in a war of words, their CEOs could learn a thing or two from the heads of the National Credit Union Administration, who work side-by-side productively, despite differing political views.
April 23 -
The legislation would prohibit the CFPB from penalizing institutions that rely in good faith on guidance from the bureau.
April 23 -
Iran’s central bank prohibited domestic financial institutions from handling virtual currencies, citing money-laundering concerns, as it seeks to ramp up control over the nation’s currency markets.
April 23 -
The agency's acting chief said hundreds of data breaches justified a halt on collecting information from firms, but experts question that logic.
April 23 -
SunTrust let about eight weeks pass before telling the public that data tied to 1.5 million customers had been stolen.
April 20 -
If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term.
April 20 -
The costly order against Wells Fargo contains both unexpected good news for the bank and more potential problems for its CEO.
April 20 -
Recently filed court documents give the clearest sign yet that the National Credit Union Administration is considering appealing a controversial court decision on the regulator's revised field-of-membership rule.
April 20 -
As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.
April 20 -
Months after President Trump vowed that Wells Fargo would pay a severe penalty, the CFPB and OCC hit the bank with a $1 billion fine to settle claims it overcharged customers for auto insurance and home loans.
April 20 -
As the cannabis industry has inched toward legitimacy, it hasn't abandoned its roots. And that includes the infamous pot smokers' "holiday," April 20.
April 20 -
The latest fine from regulators was leveled against the bank on Friday. But it's far from the only penalty it has paid in recent years, and more may be on the way.
April 19 -
Readers react to the Senate overriding the Consumer Financial Protection Bureau's auto lending guidance, weigh in on House efforts to reform the Dodd-Frank Act and debate technology being used to replace new branches.
April 19 -
The New York State Department of Financial Services is encouraging banks to review ties with the firearms industry.
April 19 -
The CFPB and OCC are expected to assess a $1 billion fine against Wells Fargo for allegedly overcharging customers for auto insurance and home loans.
April 19 -
Banks and credit unions are sharing more information with third parties these days, but they need to be cautious about it.
April 19 -
As NCUA amended at 2014 regulation on capital planning and stress testing, the two-person committee also marked 24 months of operating with a vacant seat on the board, commending one another for a productive working relationship.
April 19 -
Financial institutions are sharing more information with third parties these days, but they must be cautious about it.
April 19 -
Despite its popularity — or perhaps because of it — the cryptocurrency exchange Coinbase has been at the front lines of many of the issues plaguing the cryptocurrency market. Its new e-money license in the U.K. could go a long way to easing some of those pains.
April 19 -
Two recent central bank proposals may exacerbate problems with the agency’s capital surcharge for big banks.
April 19



















