News Topic: law-regulation

The government's new proposal for operationalizing the wind-down powers of Dodd-Frank is just institutionalizing "too big to fail." ... Read full article

How could an agency most people outside of the U.S. have never heard of effectively shut down an overseas bank without much explanation or even a hearing? ... Read full article

Recent U.S. and U.K. assessments of anti-money-laundering and efforts to combat terrorism financing show how the two countries have structured respective approaches to pinpointing key risks. ... Read full article

Advocates of keeping the single-director model to run the Consumer Financial Protection Bureau should not write off the virtues of a commission so quickly. ... Read full article

Overhauling the splintered multi-agency regulatory framework is necessary to promote the stability of the financial system as a whole. ... Read full article

The advisory committee established to address defects in the equity markets was stacked with industry insiders and, more troubling, includes firms implicated in serious wrongdoing. ... Read full article

Industry advocates say Consumer Financial Protection Bureau curbs on arbitration will eliminate a favored legal option, but where's the evidence that banks really prefer arbitration? ... Read full article

A lot is riding on the effectiveness of internal models to determine capital levels, but regulators still allow banks' methodology to be too opaque. ... Read full article

Our nation has a long way to go to protect those defending our homeland. Stopping the damage of high-cost credit is an important first step. ... Read full article

The Financial Standards Accounting Board's proposal to start loss reserves when a loan is originated is antithetical to banks making localized financial decisions. ... Read full article

The Consumer Financial Protection Bureau's implementation of the statute banning "abusive" conduct through enforcement action instead of rulemaking is not sustainable. ... Read full article

Financial institutions that hold government debt would be severely affected if Puerto Rico is allowed to restructure its constitutionally-backed debt. ... Read full article

The number of startup companies opting out of the State of New York Â-- more than a dozen Â-- since the financial services department's BitLicense regulation was finalized is troublesome. ... Read full article

A lack of access to financial services, particularly the inability to transfer funds overseas, can prevent lifesaving work from being carried out and has touched the refugee crisis in Europe, where many aid groups are delivering assistance. ... Read full article

Fees charged to military banks under Department of Defense agreements are forcing branches to close, removing a key resource for troops and families. ... Read full article

Banks undergoing annual Federal Reserve assessments should feel emboldened to challenge "matters requiring attention," and the Fed should hear them out. ... Read full article

For "suspicious activity reports" to help combat crime, banks need to be able to disclose reports to their foreign branches and affiliates. ... Read full article

The administration apparently intends to leave office without addressing Fannie Mae and Freddie Mac's capital bases and therefore the tight credit conditions. ... Read full article