News Topic: law-regulation

The central bank should not delay putting in place a long-term plan that diminishes its outsized influence and allows the financial markets to work without interference. ... Read full article

The marijuana industry is still hampered by its own banking crisis, but the rigidity of federal laws is not stopping all advances in financial services for the sector. ... Read full article

Banks that prioritize structural changes in their compliance process will make risk frameworks more effective and sustainable over time. ... Read full article

Presidential candidates' arguments to stop the Federal Reserve from paying interest on banks' excess reserves betray a poor understanding of monetary policy and why the Fed began the practice. Here's why. ... Read full article

Banks' vocal opposition to the National Credit Union Administration's proposal to ease field-of-membership rules overlooks why changes are necessary and long overdue. ... Read full article

In the absence of congressional action on housing finance reform, here is what the Federal Housing Finance Agency should do sooner rather than later. ... Read full article

Progressives' push for a more drastic overhaul of the industry ignores post-crisis changes that have had an undeniably positive effect. ... Read full article

Money-laundering episodes included a purported Whitey Bulger associate looting a church's coffers and the arrest of a Houston socialite on gambling-related charges. ... Read full article

Drafting internal honor codes, and having employees pledge to follow them, could be a good first step to reversing negative opinions about banking. ... Read full article

Financial services issues that helped define a presidency were largely absent from Tuesday's State of the Union address, including the crucial policy items that have not yet been resolved. ... Read full article

Convictions of big banks have lacked any tangible consequences for perpetrators, leaving many still doubting that the government is serious about prosecuting large firms. ... Read full article

In theory, Sen. Bernie Sanders' plan to use Section 121 of the Dodd-Frank Act to break up the big banks sounds plausible. In practice, it won't ever happen. Here's why. ... Read full article

Sen. Richard Shelby's bill changing how regulators gauge if a bank is "systemic" would refocus post-crisis policy on institutions that pose the greatest threat. ... Read full article

After enduring a slew of post-crisis scandals, bankers are beginning to see the light on becoming stewards of their organizations. ... Read full article

If impending rules on overdraft protection go too far, banks could intentionally pull back on providing the service to illustrate just how useful it is. ... Read full article

Officials that assess how well banks lend and invest in their communities seem out of sync with the experiences of Main Street. ... Read full article

A trip to London reveals how far ahead British and other European regulators are in streamlining the licensing process for payments providers and other fintech firms. ... Read full article

Financial institutions considering whether to bank marijuana-related businesses often receive inaccurate information about the emerging industry. Here are five common myths. ... Read full article