banking regulation

OCC Gearing Up To Publish Position On FinTech Charter
OCC Gearing Up To Publish Position On FinTech Charter
April 10, 2018  |  Regulation

The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other...

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NCUA’s Membership Rule Change Challenged By Federal Judge
NCUA’s Membership Rule Change Challenged By Federal Judge
March 15, 2018  |  Credit Unions

The National Credit Union Administration’s (NCUA) defense of revisions to a field-of-membership rule isn’t sitting well with a federal judge — and that just might...

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Credit Scoring Debate Climbs (Capitol) Hill
Credit Scoring Debate Climbs (Capitol) Hill
March 14, 2018  |  Regulation

It’s no secret that legislation on Capitol Hill often gets mired in controversy and debate. And that’s especially true with a series of clashes over the...

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Bias Allegations Force Hand Of UK Complaints Body
Bias Allegations Force Hand Of UK Complaints Body
March 14, 2018  |  International

Britain’s Financial Ombudsman Service (FOS) has been ordered to prove that the organization has thoroughly investigated customer complaints against banks. FOS handles complaints that customers...

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UBS Hit With IPO Ban In Hong Kong
UBS Hit With IPO Ban In Hong Kong
March 12, 2018  |  B2B Payments

Swiss banking giant UBS is reportedly banned in Hong Kong from sponsoring initial public offerings (IPOs), reports in Financial Times said Friday (March 9). The...

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Regulators In No Rush To Change Rules For FinTechs
Regulators In No Rush To Change Rules For FinTechs
February 20, 2018  |  Banking

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters, traditional banks will feel...

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OCC Chief Praises Mulvaney On Halting Payday Rule
OCC Chief Praises Mulvaney On Halting Payday Rule
February 07, 2018  |  CFPB

After a 45-minute meeting on Tuesday (Feb. 6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB)...

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China Tackles ‘Grim, Complicated’ Corporate Debt
China Tackles ‘Grim, Complicated’ Corporate Debt
January 29, 2018  |  B2B Payments

China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. Reports in Reuters said...

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EU May Loosen Software Bank Rules
EU May Loosen Software Bank Rules
September 06, 2017  |  Bank Regulation

With FinTechs eroding away traditional banks’ lead, rules governing investments in software in the European Union (EU) may loosen. According to a news report in...

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