Financial Regulation News

Financial regulation has always been a well-covered and hotly debated topic, but it came into sharper focus during the 2008 financial crisis. That remains to this day which is why Wiser created the financial regulation news email. It is a daily digest of the best articles from around the web delivered to your inbox every day. Financial regulation news covers both the actions of regulators, as well as the debates and policy decisions that bring the regulations into place. All modern economies in the world operate a form of financial regulation to control and restrict the actions of financial institutions. This is done to protect the wider economy and preserve the integrity of the system, which in turn creates confidence and trust. In the United States, there are financial regulators at every level of government. At the top of the tree is the Federal Reserve but there are also state regulators and others. The challenge is to create a system that encourages growth and the pursuit of prosperity, while safeguarding the financial system and individual Americans. You can stay up-to-date with all developments when you register for the Wiser financial regulation news email.

Recent Financial Regulation News Coverage
 
Your Weekly Recommendations Tuesday, November 21, 2017
 
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Global banking system 'not safe', former BoE governor says
Australian Broadcasting Corporation • Elysse Morgan
Treasury FSOC Report's Troubling Bailout Specter
Cato Institute • Thaya Brook Knight
J.P. Morgan Securities fined $1.25 million by Finra
InvestmentNews • Investmentnews
OFG’s Oriental Introduces Next Generation ATMs
BusinessWire
Ankara rebuffs claims Halkbank to be replaced
Hurriyet Daily News
CFPB Directorship Succession: What the Dodd-Frank Act's Legislative History Tells Us
Credit Slips • Adam Levitin
Financial execs in Raleigh react to proposed Dodd-Frank changes
The Business Journals • Lauren K. Ohnesorge
Servicers Support CFPB Change to FDCPA Notice-Timing Requirements
Inside Mortgage Finance
Birmingham banks may soon see regulatory relief they've waited for
The Business Journals • Angel Coker
Treasury urges new process for determining ‘too big to fail’
Business Insurance
 
Recommended for You
Bank Regulation
Global banking system 'not safe', former BoE governor says
Australian Broadcasting CorporationElysse Morgan
The former governor of the Bank of England, Lord Mervyn King, has increased his criticism of global banking regulation, saying not enough was done after the 2008 global financial crisis (GFC) to ensure banks would not collapse should the economy or markets...
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Federal Reserve, Finance
Treasury FSOC Report's Troubling Bailout Specter
Cato InstituteThaya Brook Knight
On Friday, the Treasury Department released a report on Financial Stability Oversight Council (FSOC) designations. This report could have addressed the problem underlying FSOC’s designation authority: the fact that it makes explicit which financial institutions are “too big to fail,” paving the...
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Bank Regulation, Finance
J.P. Morgan Securities fined $1.25 million by Finra
InvestmentNewsInvestmentnews
The Financial Industry Regulatory Authority has fined J.P. Morgan Securities $1.25 million for failing to conduct timely or adequate background checks on approximately 8,600, or 95%, of its non-registered personnel. The lapse in oversight occurred from January 2009 through May 2017, Finra...
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Bank Regulation, Finance
OFG’s Oriental Introduces Next Generation ATMs
BusinessWire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp’s (NYSE:OFG) Oriental Bank subsidiary has begun to introduce a next generation of ATMs incorporating two-way, real-time audio-video communication with live tellers. Oriental’s video interactive ATMs continue to strengthen the bank’s leadership in providing new service channels,...
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Banking, Bank Regulation
Ankara rebuffs claims Halkbank to be replaced
Hurriyet Daily News
A top Turkish official has rebuffed claims that the functions of Turkey’s Halkbank would be transferred to another state-owned bank, Emlakbank. “There is no such thing. Turkey’s banking watchdog will make the necessary explanation,” Deputy Prime Minister Mehmet Şimşek told reporters in...
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Business Ethics, Financial Regulation
CFPB Directorship Succession: What the Dodd-Frank Act's Legislative History Tells Us
Credit SlipsAdam Levitin
With the announcement by CFPB Richard Cordray that he will be leaving the agency by the end of the month, the question arises who will succeed Cordray as Director. Numerous news outlets have run stories that President Trump is planning on naming...
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Financial Regulation
Financial execs in Raleigh react to proposed Dodd-Frank changes
The Business JournalsLauren K. Ohnesorge
Last week, a bipartisan group of senators agreed on a plan to roll back significant portions of banking regulations that have been in place since the financial crisis of 2008.
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Financial Regulation, Financial Regulatory Bodies
Servicers Support CFPB Change to FDCPA Notice-Timing Requirements
Inside Mortgage Finance
Trade groups representing mortgage lenders and servicers generally support the change the bureau is making to its 2013 mortgage servicing rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) as it relates to...
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Banking, Economic Policy
Birmingham banks may soon see regulatory relief they've waited for
The Business JournalsAngel Coker
Senate Banking Committee announces economic growth legislation that would lighten regulatory burden on financial institutions
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Financial Regulation
Treasury urges new process for determining ‘too big to fail’
Business Insurance
Reprints Gloria Gonzalez The U.S. Treasury Department has recommended a different approach to evaluating the potential risks posed by nonbank financial companies rather than the current method that has led to several major insurers being tagged as “too big to fail.” The...
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