Bank Regulation

Bank Regulation
Federal Financial Regulatory Agencies Propose Joint Data Standards
August 02, 2024

Nine federal financial regulatory agencies have proposed or will propose joint data standards that would apply to data submitted to the agencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bank Regulation
US Regulators Issue Joint Statement on Bank-FinTech Partnerships
July 26, 2024

Three federal bank regulatory agencies said Thursday (July 25) that they are considering “additional steps” to ensure banks effectively manage risks associated with bank-FinTech arrangements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bank Regulation
UK Banking Giants Accused of Breaching CMA Rules
July 25, 2024

Four major U.K. banks have been accused of violating a regulator’s competition rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Bank Regulation
FDIC Vice Chairman Travis Hill: Basel III Endgame Needs Re-Proposal
July 24, 2024

The Basel III Endgame proposal requires “broad and material changes,” and a re-proposal is necessary, Federal Deposit Insurance Corp. (FDIC) Vice Chairman Travis Hill said Wednesday (July 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bank Regulation
UK Banks Face New Restrictions on Branch Closures
July 24, 2024

Great Britain’s financial regulator has just made it harder for banks to shutter branches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Bank Regulation
Open Banking Faces Challenges as Banks Urge Delay in New Data Rules
July 19, 2024

Open banking, as it emerges more fully in the United States, promises to bring personalized services and products to customers, expanding financial access. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bank Regulation
OCC Comptroller Hsu: Political Polarization Poses Long-Term Risk to Banking
July 17, 2024

Political polarization presents a long-term risk to banking, Acting Comptroller of the Currency Michael J. Hsu said Wednesday (July 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Bank Regulation
Australian Banks Refund $19 Million to Low-Income Customers
July 15, 2024

Banks in Australia are issuing $19 million in refunds to low-income customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Bank Regulation
Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
July 12, 2024

Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts may be too vague, critics charged at a Congressional hearing held Friday (July 12). Get the Full Story Complete the...