financial regulations

CFPB Back at Office to Deal With Complaint Backlog
CFPB Back at Office to Deal With Complaint Backlog
March 16, 2025  |  Legal & Regulation

Reports of the Consumer Financial Protection Bureau’s (CFPB) death may have been somewhat exaggerated.  Last month, the Trump administration shuttered the regulator’s offices and essentially...

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Trump Allies Reportedly Worried DOGE Attacks on CFPB Could Backfire
Trump Allies Reportedly Worried DOGE Attacks on CFPB Could Backfire
February 23, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has long been a target of Republican ire. But now, efforts by the newly created Department of Government Efficiency...

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FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
January 12, 2025  |  Bank Regulation

Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. The company had missed a Jan. 10 deadline issued by...

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Yellen Cautions Trump Against Meddling With Financial Regulations
Yellen Cautions Trump Against Meddling With Financial Regulations
December 15, 2024  |  Bank Regulation

Treasury Secretary Janet Yellen says the next administration should leave “critically important” financial regulations untouched. In an interview with Reuters on Friday (Dec. 13), Yellen...

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UK Government Aims to Provide More Protections to BNPL Users
UK Government Aims to Provide More Protections to BNPL Users
October 17, 2024  |  BNPL

The U.K. government said Thursday (Oct. 17) that it aims to provide buy now, pay later (BNPL) users with many of the protections provided by...

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Thread Bank Responds to FDIC Enforcement Action
Thread Bank Responds to FDIC Enforcement Action
July 01, 2024  |  Bank Regulation

2024 is fast becoming the summer of consent orders for smaller banks. That’s because, with the news Friday (June 28) that Tennessee-based Thread Bancorp is...

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Esker and EY Services France Partner to Support Digital Transformation
Esker and EY Services France Partner to Support Digital Transformation
June 13, 2024  |  Partnerships

Esker and EY Services France have teamed up to help companies manage the emergence of disruptive technologies and regulatory changes. This collaboration brings together the capabilities...

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OCC: Banks Face Higher Compliance Risks Due To Pandemic
OCC: Banks Face Higher Compliance Risks Due To Pandemic
July 01, 2020  |  Legal & Regulation

The pandemic has heightened risks for pretty much everyone, including U.S. banks. The Office of the Comptroller of the Currency (OCC) said in a report this...

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Australia’s Westpac Nailed For 23M AML Violations 
Australia’s Westpac Nailed For 23M AML Violations 
November 20, 2019  |  Cybersecurity

Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. 19). The country’s financial crime...

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