PYMNTS-MonitorEdge-May-2024

bank regulation

Mulvaney Hints At CFPB’s Future In Bank Regulation
Mulvaney Hints At CFPB’s Future In Bank Regulation
March 02, 2018  |  CFPB

The acting director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, could allow other regulators to be in charge of supervisory matter, in an...

READ MORE >
 Dodd-Frank Looms For Capitol Hill Consideration
 Dodd-Frank Looms For Capitol Hill Consideration
February 26, 2018  |  Regulation

Dodd-Frank no more – or no more “no more” Dodd-Frank? Talk of regulatory reform is normal discourse on the Hill. Sometimes change is afoot, sometimes...

READ MORE >
British Regulators Publish Report On RBS
British Regulators Publish Report On RBS
February 21, 2018  |  Bank Regulation

Royal Bank of Scotland (RBS) was slammed by U.K. lawmakers, who published a report on Tuesday (Feb. 20) that details how RBS mistreated companies that...

READ MORE >
Rabobank Pays $368M Fine Over Illicit Funds
Rabobank Pays $368M Fine Over Illicit Funds
February 08, 2018  |  Legal

Rabobank, a California unit of the Dutch cooperative, agreed Wednesday (Feb. 7) to turn over $368 million for processing funds that were tied to illicit...

READ MORE >
Open Banking Entices SMB Lender Investly To Go After Funding
Open Banking Entices SMB Lender Investly To Go After Funding
January 30, 2018  |  B2B Payments

Alternative lending platform Investly has announced plans to raise new funds and take advantage of the U.K.’s new Open Banking regulations, according to Peer2Peer Finance...

READ MORE >
MPs Slam Finance Watchdog For Omission In RBS SMB Scandal Summary
MPs Slam Finance Watchdog For Omission In RBS SMB Scandal Summary
January 22, 2018  |  B2B Payments

U.K. members of parliament (MPs) say managers at Royal Bank of Scotland (RBS) knew — or, at least, should have known — about alleged mistreatment of small...

READ MORE >
UK Warns Of Financial Crisis Threat If EU Blocks Brexit
UK Warns Of Financial Crisis Threat If EU Blocks Brexit
January 11, 2018  |  B2B Payments

Blocking the U.K.’s exit from the European Union could spark the next global financial crisis, according to warnings issued by two U.K. policymakers. Reports in...

READ MORE >
British MP Calls For Action Against Banks’ Small Business Mistreatment
British MP Calls For Action Against Banks’ Small Business Mistreatment
January 09, 2018  |  B2B Payments

A British member of parliament (MP) is calling for the creation of a special tribunal to tackle bankers’ mistreatment of small- and medium-sized businesses (SMBs)...

READ MORE >
EU Regulators Pushing For Cross-Border Bank M&A
EU Regulators Pushing For Cross-Border Bank M&A
December 28, 2017  |  B2B Payments

EU regulators are the driving force behind an upcoming wave of cross-border bank mergers, according to reports in Reuters Wednesday (Dec. 27). The European Central...

READ MORE >