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31 Aug 2021, 11:37 am by Glen P. Trudel and Ronald K. Vaske
The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
The Justice Department’s Antitrust Division and the Federal Trade Commission last week endorsed a May proposal by the Federal Reserve to reopen Dodd-Frank Act rules that capped the fees retailers pay and required banks and other debit card providers to offer more payment network choices for routing transactions. [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
The Justice Department’s Antitrust Division and the Federal Trade Commission last week endorsed a May proposal by the Federal Reserve to reopen Dodd-Frank Act rules that capped the fees retailers pay and required banks and other debit card providers to offer more payment network choices for routing transactions. [read post]
19 Aug 2021, 9:08 pm by Omar Khodor
Zhang of the Board of Governors of the Federal Reserve System chronicled the history of the boundaries of the U.S. financial regulatory system. [read post]
18 Aug 2021, 9:08 pm by Alessandra Carolina Rossi Martins
The bill proposes a joint effort of 12 federal agencies involved in financial regulation, including the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Commodity Futures Trading Commission, the U.S. [read post]
18 Aug 2021, 6:00 am by Jane Turner
Some of the rules are set up to rig the system against whistleblowers. [read post]
13 Aug 2021, 8:15 am by Kristian Soltes
” If approved, the proposed digital currency bank would operate under the supervision of the Federal Reserve, U.S. [read post]
13 Aug 2021, 8:15 am by Kristian Soltes
” If approved, the proposed digital currency bank would operate under the supervision of the Federal Reserve, U.S. [read post]
5 Aug 2021, 4:00 am by Ronald K. Vaske
Hsu indicated that such reliance “raised a lot of flags” and stated that “excessive fees on overdrafts, predatory lending, high-cost debt traps” should be prohibited and “don’t have a place in the federal banking system. [read post]
2 Aug 2021, 9:03 pm by Lucas Siegmund
Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell have called on the U.S. [read post]
2 Aug 2021, 7:16 am by Juan C. Antúnez
It “reserves to state probate courts [1] the probate or annulment of a will and [2] the administration of a decedent’s estate[.] [read post]
28 Jul 2021, 4:42 pm by Bona Law PC
Calling the DOJ and FTC to enforce the antitrust laws vigorously The Order calls on the federal antitrust agencies, the Department of Justice (DOJ) and Federal Trade Commission (FTC), to enforce the antitrust laws vigorously. [read post]
23 Jul 2021, 4:00 am by Jim Sedor
Jim Jordan and Jim Banks, a privilege she has as speaker. [read post]
22 Jul 2021, 9:08 pm by Omar Khodor
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation proposed interagency guidance for managing risks related to third-party relationships at banking organizations. [read post]
9 Jul 2021, 10:11 am by Kristian Soltes
The regulation challenged by the North Dakota Retail Association and North Dakota Petroleum Marketers Association was issued 10 years ago, well past the six-year deadline to file suit, the Board of Governors of the Federal Reserve System argued Friday. [read post]
7 Jul 2021, 8:55 pm by Hannah Meakin (UK)
On 6 July 2021, the following European Commission Implementing Decisions on the equivalence of the regulatory regimes of third countries under the European Market Infrastructure Regulation were published in the Official Journal of the EU: Commission Implementing Decision (EU) 2021/1103 of 5 July 2021 on the recognition of the legal, supervisory and enforcement arrangements of Brazil for derivatives transactions entered into by Brazilian institutions under the regulation of the Central Bank… [read post]
25 Jun 2021, 9:36 am by jeffreynewmanadmin
-China trade deficit is being directly caused by major tariff evasion for imported Chinese goods say economists at the Federal Reserve Bank of New York and Board of Governors of the Federal Reserve System. [read post]
18 Jun 2021, 8:16 am by Kristian Soltes
Digital Wallets Such As Apple Pay Lack Transparency: RBASydney Morning Herald – June 14, 2021 The Reserve Bank has underlined the lack of transparency in the fees and rules imposed by digital wallets such as Apple Pay, amid concerns about technology giants’ growing power in the payments market. [read post]
14 Jun 2021, 9:03 pm by Hannah Kass
Yet, these reservations remain fragmented, without a coherent land base for many of the Native nations, and they have shrunk in size over time due to various federal land sales and seizures. [read post]
14 Jun 2021, 8:50 pm by Simon Lovegrove (UK)
In January 2021, the BIS signed a memorandum of understanding for a strategic collaboration with the Federal Reserve System (New York). [read post]