Office of the Comptroller of the Currency

Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs

Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs
Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs
November 01, 2024  |  Legal & Regulation

Among the central debates of regulation, what we might term even the jurisdiction of the regulators — no matter the industry — might boil down...

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House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
October 31, 2024  |  Bank Regulation

House Republicans are warning against what they argue is regulatory overreach in bank-FinTech partnerships. Get the Full Story Complete the form to unlock this article...

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BaaS Faces Regulatory Reckoning: OCC and FDIC Actions Underscore Growing Scrutiny
BaaS Faces Regulatory Reckoning: OCC and FDIC Actions Underscore Growing Scrutiny
October 23, 2024  |  Banking

Banking-as-a-service (BaaS), as a business model, promises to reshape financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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OCC Cites 4 Regional Banks for ‘Unsafe or Unsound’ Practices
OCC Cites 4 Regional Banks for ‘Unsafe or Unsound’ Practices
October 18, 2024  |  Bank Regulation

The OCC has released enforcement actions against national banks accused of “unsafe or unsound” practices. Get the Full Story Complete the form to unlock this article and...

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Regulators Raise Exemption Thresholds Regarding Mortgages, Consumer Credit and Leases
Regulators Raise Exemption Thresholds Regarding Mortgages, Consumer Credit and Leases
October 15, 2024  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has announced rules related to threshold adjustments for mortgage loan appraisals, consumer credit transactions and consumer lease transactions. Get...

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Lawmakers Question Banking Agencies’ Ties to ‘Opaque’ Global Organization
Lawmakers Question Banking Agencies’ Ties to ‘Opaque’ Global Organization
September 16, 2024  |  Legal & Regulation

Two U.S. lawmakers want the Government Accountability Office (GAO) to help them evaluate the memberships of federal banking agencies in a global governance body, the...

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Wells Fargo Pledges to Fix AML Program After OCC Agreement
Wells Fargo Pledges to Fix AML Program After OCC Agreement
September 12, 2024  |  Bank Regulation

Trouble with federal regulators continues for Wells Fargo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
September 10, 2024  |  Loans

Regulators have scaled back capital requirements for banks, reducing the holdings that must be on the books to buffer against economic and other shocks. Get...

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