Regulatory guidance

Rising compliance costs are hurting customers, banks say

03/28/18

A majority of midsize and large banks complain that red tape is mounting and that they are passing on higher regulatory costs to customers and have less flexibility in designing products, according to a new survey by the RMA.

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Senate confirms Otting to lead the OCC

11/16/17

The Senate confirmed Jospeh Otting, a former business partner of Treasury Secretary Steven Mnuchin, to lead the Office of the Comptroller of the Currency.

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Guidance subject to Hill review could go back decades, lawmaker says

11/07/17

Rep. Blaine Luetkemeyer is calling on bank regulators to draw up a list of guidance going back 20 years to determine whether it should be submitted under the Congressional Review Act.

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‘Fearless Girl’ is more than just public art: Maria Vullo

09/26/17

The Fearless Girl sculpture represents much to many. For Maria Vullo, superintendent of the New York State Department of Financial Services, it is a reminder of herself as a girl finding her voice and as an adult using her voice to fight for what she believes is right.

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Credit markets need legislative guidance after Madden decision

09/14/17

A long-term discussion about rethinking rules of the credit market is worth having, but for right now Congress should restore clarity by correcting the Second Circuit’s mistake.

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Loans ‘ignored’ in Libor talks — so far

08/17/17

A Fed committee studying Libor’s replacement has dwelled heavily on the potential impact to the derivatives market. Loans may become a bigger part of the conversation later this year, but the panel plans to leave a lot of the specifics up to lenders.

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Regulators doing 'more harm than good' on cybersecurity: The Clearing House

06/02/17

The group representing large banks argued in a report Friday that overlapping regulations are hurting the industry's efforts to deal with cyberthreats.

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Banks should share financial data — to avoid being forced to

05/25/17

Banks in the U.S. should get ahead of potential open banking regulation by building application programming interfaces now. A preemptive strategy will give banks more flexibility.

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GOP plan to scrap agency guidance takes step forward

05/23/17

The Government Accountability Office has agreed to a request by a GOP lawmaker to examine whether congress can reject regulators' guidance.

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Dodd-Frank left a lot to regulators’ discretion. Why that matters now

05/19/17

The ability of federal agencies to interpret the Volcker Rule and other provisions of the Dodd-Frank Act could be a positive for advocates of deregulation.

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