bank regulations

US Bank Profit Payouts To Reach $170B
US Bank Profit Payouts To Reach $170B
June 18, 2018  |  Bank Regulation

Some of the country’s largest banks should soon be handing over more capital to investors than they are generating for the first time since the...

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U.K. Regs To Conclude RBS Probe Next Month As Criticism Mounts
U.K. Regs To Conclude RBS Probe Next Month As Criticism Mounts
June 14, 2018  |  B2B Payments

The U.K. financial regulator, the Financial Conduct Authority (FCA), announced its plans to complete its investigation into the Royal Bank of Scotland (RBS) by the...

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France Introduces First Capital Buffer Requirement As Corporate Borrowing Spikes
France Introduces First Capital Buffer Requirement As Corporate Borrowing Spikes
June 13, 2018  |  B2B Payments

Rising corporate debt in France has led officials in the country to introduce the market’s first capital buffer requirements for banks, according to Reuters reports...

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Bank-Friendly OCC Head To Testify Before Congress
Bank-Friendly OCC Head To Testify Before Congress
June 11, 2018  |  Bank Regulation

The White House’s move to appoint Joseph Otting as the Comptroller of the Currency in November underscores the changing relationship between the nation’s largest banks...

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Switzerland Passes On Sovereign Money Initiative
Switzerland Passes On Sovereign Money Initiative
June 11, 2018  |  International

An initiative to prohibit commercial banks in Switzerland from electronically creating money when they make a loan was overwhelmingly rejected by Swiss voters. According to...

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No Breaks For Mortgage Bankers Costs Wells Fargo $97M
No Breaks For Mortgage Bankers Costs Wells Fargo $97M
May 10, 2018  |  Bank Regulation

After workers reportedly didn’t get rest breaks, allowed by California’s strict labor rules, Wells Fargo will have to pay $97 million to private mortgage bankers...

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GIACT: Beneficial Ownership Compliance: Ready But Mostly Not
GIACT: Beneficial Ownership Compliance: Ready But Mostly Not
May 10, 2018  |  Bank Regulation

May 11 is basically here, with new Customer Due Diligence rules likely to send ripples, if not shockwaves, across the FI landscape. As GIACT EVP of...

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Canada’s FCAC Takes Stronger Stance On Bank Regulation Enforcement
Canada’s FCAC Takes Stronger Stance On Bank Regulation Enforcement
March 21, 2018  |  Intelligence of Things

Banks beware: The Financial Consumer Agency of Canada (FCAC) is planning to get tougher on the way it monitors financial institutions. The harder stance is...

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China’s Bank Regulator Makes Foreign Investments Easier
China’s Bank Regulator Makes Foreign Investments Easier
February 26, 2018  |  International

In an effort to bring more investments to the financial sector, the China Banking Regulatory Commission (CBRC) has overhauled rules to make things easier for...

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