Regulatory reform

CFPB chief’s equal-opportunity calendar

06/17/19

In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.

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Regulators finalize rule streamlining call reports for smaller banks

06/17/19

The new regulation mandated by Congress expands eligibility for a simplified reporting form to financial institutions with $5 billion of assets.

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The evolution of the Fed's stress tests

06/12/19

Stress tests have come a long way since first unveiled to shore up confidence in banks. But some critics fear that proposals to make the system more efficient would compromise its safety.

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Agencies are close to finishing Volcker Rule changes: FDIC's McWilliams

06/12/19

The head of the Federal Deposit Insurance Corp. previously had said regulators were weighing numerous options for addressing criticism of their 2018 proposal.

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CFPB to kick off symposium series with forum on 'abusive' standard

06/11/19

The agency announced the series in April as an effort to encourage public dialogue on policy issues.

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House lawmakers introduce CECL 'stop and study' bill

06/11/19

The bipartisan House effort to delay the Current Expected Credit Loss standard comes less than a month after Republican senators introduced a similar bill.

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Brown blasts data brokers' refusal to testify to Senate banking panel

06/11/19

The top Democrat on the Banking Committee suggested the absence of data brokers at a hearing on privacy legislation was "cowardice."

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Cheat sheet: What Senate AML bill means for financial industry

06/10/19

The good news for financial firms is Congress has moved closer to reforming anti-money-laundering rules. But left behind in the effort is the reform most coveted by the industry.

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GOP, Dem senators join forces on new AML reform bill

06/10/19

The legislation includes a beneficial owner requirement and steps to study the utility of industry reporting, but avoids relieving banks’ burden to file data on suspicious transactions.

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An upside for banks in trade wars; window closing for regulatory rollbacks?

06/10/19

Despite tension between the U.S. and trading partners, bank are doing booming business in financing cross-border commerce; some Republican lawmakers are getting antsy at the pace of rollbacks for bank regulations, and are pushing regulators for a sense of urgency.

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