TheGuardian

OCTOBER 4, 2023

High street lender recently failed to convince regulators it could be trusted to hold less cash against its mortgage risks Metro Bank is considering raising hundreds of millions of pounds from investors, weeks after the high street lender failed to convince regulators it could be trusted to hold less cash against its mortgage risks.

Metro 80

Metro Regulation Lending 80

Chris Skinner

SEPTEMBER 3, 2017

This week’s main blog headlines are … Slow regulations versus fast tech Before 2010, I was writing a lot about technology but it was all heavily geared towards regulations. It was pretty dull, to be honest, but worthy.

Maine 207

Maine Regulation Technology 207

Perficient

MARCH 3, 2022

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. As repeated by federal bank regulators, the required economic scenarios are not forecasts.

Capital 294

Capital Regulation Exercises United States 294

PYMNTS

DECEMBER 15, 2019

The latest data shows regulators have ordered 51 “skilled persons’ reports” in the 2018-19 financial year, a 16 percent increase over last year. Although the total reports ordered has declined since the height at 140 in 2010-11, recent figures show an uptick. Probes into financial institutions in the U.K.

Regulation 130

Regulation Report Policies Fraud 130

PYMNTS

FEBRUARY 2, 2020

The Volcker Rule was created with the 2010 Dodd Frank bill, keeping banks like Goldman Sachs , JPMorgan and others from making risky bets with customer deposits. But now, new proposed changes would loosen those regulations. Under the proposal, the Volcker Rule will be revamped. Federal Reserve Chairman Jerome H.

Capital 142

Capital Regulation New York Report 142

CFPB Monitor

APRIL 13, 2022

A report recently issued by the Government Accountability Office titled “ Banking Services: Regulators Have Taken Actions to Increase Access, but Measurement of Actions’ Effectiveness Could Be Improved ,” strongly suggests that banks and credit unions are unlikely to increase their small-dollar lending as consumer advocates contend.

Report 78

Report Lending FDIC Regulation 78

PYMNTS

SEPTEMBER 21, 2020

BuzzFeed said the thousands of suspicious activity reports, authored by lenders and shared with the government, offer a glimpse into global corruption enabled by banks and allowed to flourish by regulators. Since 2010, prosecution has been delayed by 18 banks for anti-money laundering, according to BuzzFeed.

Report 279

Report North Carolina United States New York 279

PYMNTS

NOVEMBER 3, 2020

11, 2010, alleged that Apple’s FaceTime and VPN On Demand features were using its patented technology. 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions. The original lawsuit , filed Aug.

Apple 226

Apple Nevada Texas Maine 226

Chris Skinner

MARCH 15, 2017

The regulator has tried to encourage more competition in the sector by implying the process to launch a new bank, a challenger bank. Since 2010, 19 new retail and commercial banking licenses have been issued, with at least eight more pending as at January 2017.

Regulation 291

Regulation Retail Survey Mobile 291

PYMNTS

JANUARY 31, 2019

British restaurants hit a milestone in 2018 — the number of insolvent ones hit an all time high, and has even doubled since 2010, according to report by Reuters. That means as many as four restaurants a day are going bankrupt —an increase from less than two a day in 2010. .

Marketing 143

Marketing Study Data Examples 143

PYMNTS

JUNE 9, 2017

Government regulation is at the core of what helps shape the financial system in nearly every country, and the U.S. 10 percent | Leverage ratio amount for banks to be exempt from regulation. 21 percent | Increase in purchases using deferred-interest promotions with credit cards between 2010 and 2013. is no different.

Data 100

Data US Regulation Cards 100

PYMNTS

DECEMBER 23, 2018

In addition, he will work with investors, clients and regulators on the company’s Security Token Offering, advisory services business and its partnership with BOX Digital Markets to launch the first SEC-regulated exchange for trading security tokens.

Bitcoin 164

Bitcoin Compliance Regulation Security 164

PYMNTS

DECEMBER 29, 2020

claimed the company was creating fake production records between 2010 and 2016 in order to access renewable fuel tax credits, which it would then launder, the AP reported. The Kingstons pleaded guilty in the tax credit scheme in the U.S., which involved the Washakie Renewable Energy company.

Taxes 167

Taxes Fraud Utah US 167

PYMNTS

JUNE 7, 2019

Reuters , citing the regulator, reported it found the negative impact on small business lending was short in nature, and that there is no need to change the rule. When the banks were required to increase their capital in 2010, they argued it would hurt their ability to keep up their lending pace. In January, the U.K.

Capital 108

Capital Lending Regulation Meeting 108

Bobsguide

MARCH 23, 2022

With Boersma’s addition, Meradia will expand its Investment Performance practice to include advisory services related to Global Investment Performance Standards (GIPS®) compliance, implementation, and pre-verification as well as investment performance regulation. Wybranski, CFA, Meradia’s President and CEO.

Compliance 78

Compliance Regulation Training Strategy 78

PYMNTS

MAY 4, 2020

Perez also formed partnerships with various businesses, government entities and regulators to advance ingenuity and confidence in the payment landscape. Javier has driven deep partnerships with local, regional and global customers, opened up new markets, and navigated and maximized new regulation and legislation,” said Caldart. “He

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. There is also a proposal for getting rid of EU regulations against anti-competitive data sharing. “We Breton said the plan’s cornerstone calls for the creation of a €2 billion EU cloud platform alliance.

Data 130

Data Marketing Taxes Regulation 130

PYMNTS

DECEMBER 26, 2018

The numbers highlight the worst year for the industry, which is fighting with rising regulatory and tech costs, since 2010. In a letter to firms earlier in the year, the Bank of England’s prudential regulation arm said some credit unions collapsed because of “involved fraud committed by either members of staff or directors.”

Regulation 134

Regulation Capital Lending Policies 134

American Banker

JULY 27, 2016

Starting in 2010, regulators warned banks about the risks associated with rising interest rates. The problem has turned out to be just the opposite: persistently low rates.

Regulation 28

Regulation Regional National Strategy 28

PYMNTS

MAY 12, 2017

regulator has fined PwC $6.5 Connaught, a social housing maintenance firm, went into administration in 2010, reports added. Connaught, a social housing maintenance firm, went into administration in 2010, reports added. million — a record for the watchdog, reports said — for misconduct during its audit of Connaught.

Trends 101

Trends Report Regulation Mobile 101

CFPB Monitor

JULY 6, 2020

2155, directs the CFPB to implement an exemption from the mandatory escrow account requirement for higher-priced mortgage loans (HPMLs) under the Truth in Lending Act (TILA) and Regulation Z for certain insured credit unions and insured depository institutions. The CFPB recently proposed amendments to Regulation Z pursuant to this directive.

Regulation 78

Regulation Lending Meeting Report 78

PYMNTS

MAY 1, 2017

As a former Obama nominee, Brill previously served as a commissioner for the FTC since 2010. To help button up its privacy offerings, Microsoft has made the decision to hire Julie Brill. She’ll also be responsible for important aspects of the company’s online safety work.”.

North Carolina 108

North Carolina Regulation Groups Online 108

PYMNTS

FEBRUARY 4, 2020

The Federal Reserve unveiled a proposal last week that calls for revamping the Volcker Rule, which was created with the 2010 Dodd Frank bill. Proposed changes would loosen those regulations. Its purpose was to prevent banks from making risky bets with customer deposits and investing in or sponsoring hedge funds.

Survey 131

Survey Lending Cards Regulation 131

PYMNTS

JANUARY 24, 2019

More approvals are coming in China for global banks looking for majority ownership in their local securities ventures, according to a top Chinese regulator. The regulator, for their part, can get a company “very swift” approval. JPMorgan and Nomura Holdings have also applied. China has also been busy with companies going public.

New York 156

New York Video Regulation Security 156

CFPB Monitor

AUGUST 3, 2022

As an example, the CBA explained in a recent letter to the House Committee on Financial Services that banks “have made significant changes to their overdraft products” since the first iteration of the bill was introduced referencing the implementation of an “opt-in requirement” and various other disclosures beginning in 2010.

Policies 148

Policies Meeting Industry Examples 148

Chris Skinner

MARCH 21, 2017

So it surprised me little when I saw the headline in yesterday’s Guardian: British banks handled vast sums of laundered Russian money The article claims that 17 UK banks, including RBS and HSBC, helped Russian criminals with links to the KGB and Vladimir Putin to launder up to $80 billion between 2010 and 2014.

Compliance 291

Compliance System Policies Fraud 291

TheGuardian

APRIL 1, 2024

Codes of conduct are on the rise, and have a focus on reputational risk as well as on harassment When more than 1,300 lending bosses, regulators and MPs descended on Grosvenor House hotel on Park Lane in London for a black-tie dinner in late February, they arrived informed.

Policies 77

Policies Lending Regulation 77

PYMNTS

FEBRUARY 3, 2020

On the basis of this fact-finding, the Commission will consider how best to address more systemic issues, including by ex ante regulation, if appropriate, to ensure that markets stay open and fair,” the paper noted. By way of example, the regulations would require a company such as Google to explain its search result processes.

Data 130

Data Marketing Rhode Island Google 130

CFPB Monitor

MARCH 31, 2022

The report’s primary findings are: Many major issuers charge the maximum late fee allowed under the TILA/Regulation Z safe harbor created pursuant to the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act). 37526 (June 29, 2010).

Cards 78

Cards Report Regulation Strategy 78

Bobsguide

SEPTEMBER 4, 2016

Ever since the financial crisis of 2007-2009 and the Euro crisis of 2010-2012, there has been a relentless focus on compliance within the financial services sector. There seems to be a never-ending stream of new regulations from governments, central banks, monetary authorities and supranational.

Compliance 74

Compliance Regulation 74

PYMNTS

APRIL 12, 2019

As CNBC reported, these companies, which have been subjected to less regulation than traditional banks, have seen a 75 percent jump from 2010, the year after the financial crisis ended. In fact, the country’s regulators have gotten tough in recent years, causing outstanding loans in the sector to fall to ¥61.3 While the U.S.

Lending 123

Lending US Comparison Regulation 123

PYMNTS

FEBRUARY 4, 2019

A series of regulations was established to encourage a safer, more transparent financial services environment following the 2008 financial crisis. Failure to meet AML/KYC requirement challenges can be costly for FIs, too, with regulators issuing heavy fines for lax security practices or failure to devote sufficient resources to oversight.

How To 161

How To Regulation Compliance Meeting 161

PYMNTS

JUNE 7, 2019

Reuters , citing the regulator, reported it found that the negative impact it had on lending on small companies was short in nature and as a result, there is no need to now change the rule. When the banks were required to increase their capital back in 2010 they argued it would hurt their ability to keep up their lending pace.

Capital 100

Capital Lending Regulation Meeting 100

Jeff For Banks

FEBRUARY 6, 2011

Take for example the language from an FA Article relating to a strategic plan issued by the OCC to The Suffolk County National Bank of Riverhead (“SCNB”) in New York on October 25, 2010: “The Board shall adopt, implement, and thereafter ensure Bank adherence to a written strategic plan for the Bank covering at least a three-year period.

Regulation 73

Regulation FDIC National Capital 73

CFPB Monitor

NOVEMBER 12, 2014

Mishkin Below is an update on the lawsuits we have been following that state attorneys general and a state regulator have brought using their Dodd-Frank enforcement authority. The defendants assert that pursuant to Section 1097, a violation of the MARS Rule is a UDAAP under Dodd-Frank.

Mississippi 100

Mississippi Regulation Illinois Florida 100

PYMNTS

JUNE 10, 2019

The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space. Some regulators aimed to mitigate that impact. As such, the FSB said it does not expect to introduce any new industry regulations. billion short of Basel III capital requirements as of last year.

Lending 100

Lending Capital Regulation Survey 100

PYMNTS

JULY 29, 2019

The infractions occurred from 2010 to 2017 and involved 10,400 employees. FINRA’s regulations state that most employees at the firms it oversees must be screened for criminal history as well as fingerprinted, regardless of whether the employee is registered with FINRA or involved with investment decisions.

Branding 108

Branding Cards Regulation Report 108