Compliance

What New Regulation Means for the Market

The agency’s restructuring will merge the supervision of large, midsize, and community banks

CFPB withdraws $8 credit card late fee cap after ruling it exceeded the agency’s authority

Claudia Buch says the lack of harmonized bank mergers rules at the national level is creating obstacles for the creation of cross-border bank entities

With 91% valuing reward programs, 63% would be disappointed to lose them to regulation

Congressman Andy Barr argues the rule will hurt community and regional banks' ability to merge and may increase consolidation by limiting competition

Despite 96% of banks reporting confidence in meeting compliance deadlines, many still face barriers

Four associations warned that Capital One’s acquisition of Discover would reduce the bank’s motivation to offer competitive prices

The head of the regulator said the guidance was overly burdensome for banks

Industry is witnessing that the federal approach to Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) is becoming less aggressive