PYMNTS-MonitorEdge-May-2024

bank regulations

JPMorgan Chase CEO Criticizes Capital Rules Proposed by US Regulators
JPMorgan Chase CEO Criticizes Capital Rules Proposed by US Regulators
September 11, 2023  |  Bank Regulation

Jamie Dimon, the chairman and CEO of J.P. Morgan Chase & Co., has reportedly voiced his criticism of the stricter capital rules proposed by U.S. regulators....

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Citizens Financial Group CEO Predicts Limited Consolidation in Banking Sector
Citizens Financial Group CEO Predicts Limited Consolidation in Banking Sector
September 06, 2023  |  Bank Regulation

Consolidation in the U.S. banking sector is expected to be limited in the near future due to high interest rates and regulatory pressures, according to Citizens...

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White House Wants New Rules for Midsize Banks
White House Wants New Rules for Midsize Banks
March 29, 2023  |  Bank Regulation

The White House plans to call for tougher regulation of midsize banks. The recommendations for congressional action could be announced within days and would follow...

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Jyske Bank Accused of AML Violations by Danish Regulators
Jyske Bank Accused of AML Violations by Danish Regulators
November 28, 2022  |  AML

Danish regulators have reported Jyske Bank for possible anti-money laundering (AML) violations.  Denmark’s Financial Supervisory Authority (FSA) said the lender’s due diligence methods had “significant shortcomings,”...

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TF Bank’s Swedish Arm to Separate from eCommerce Subsidiary
TF Bank’s Swedish Arm to Separate from eCommerce Subsidiary
June 21, 2022  |  Bank Regulation

The Swedish Financial Supervisory Authority has granted TF Bank’s Swedish subsidiary TFB Service AB a license to operate as a deposit-taking financial institution. With this...

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EMEA Daily: Digital Euro Could Arrive Within Four Years
EMEA Daily: Digital Euro Could Arrive Within Four Years
May 16, 2022  |  emea

In today’s top Europe, Middle East and Africa (EMEA) news, a European Central Bank official says the digital euro could be in circulation in four...

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Fidelity Unveils RegTech Platform Saifr
Fidelity Unveils RegTech Platform Saifr
January 24, 2022  |  Bank Regulation

Fidelity Investments has launched a business called Saifr, a regulatory technology (RegTech) service that helps financial institutions create, review and approve public communications to mitigate...

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EU Says Proposed Cross-Border Banking Rules Target ‘Core’ Services
EU Says Proposed Cross-Border Banking Rules Target ‘Core’ Services
December 26, 2021  |  Bank Regulation

The EU is cracking down on the ability for banks outside the EU to sell services to the bloc, with a focus on “core banking.”...

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China’s Central Bank Cuts Some Fees Affecting Small Businesses
China’s Central Bank Cuts Some Fees Affecting Small Businesses
June 27, 2021  |  B2B Payments

A group of Chinese regulatory bodies and the country’s central bank jointly announced Friday that effective Sept. 30 they will reduce fees totaling about $3.7...

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