Compliance

Federal Agencies Set Out Guidance for Fintech Partnerships

FDIC, Fed and OCC published updated guidance on fintech work for community banks

Proposed bank and insurer tax could net nearly C$11 billion for the government if the Liberal Party wins September election

Banks and financial institutions hit hard by soaring anti-money laundering fines

Groups claim the legislation would hinder, rather enhance, current efforts toward cybersecurity

Large banks will have capital requirements of up to 13.4%, to ensure their survival in a severe recession and to still be able to lend

Rob Nichols has called on Congress to intervene and cut the number of credit unions buying up banks

Acting comptroller Michael Hsu is urging bank leaders to be “especially vigilant” in the post-pandemic era

Several banks including JP Morgan and Bank of America have already come under scrutiny

Regulator hires climate change risk officer and joins international environmental group

Regulators aim to strengthen and modernise community reinvestment act