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The CFPB is well within its authority to make these changes, which will increase the availability of credit to many Americans.
January 23 -
The former treasurer of FMC Corp. worries that the proposed new capital rules will translate into higher costs for corporate borrowers and reduced access to key types of financing options.
January 23National Association of Corporate Treasurers -
January is Human Trafficking Prevention Month, and the financial services industry should take the opportunity to step up for survivors.
January 22Moore & Van Allen -
The leader of the Financial Services Forum takes issue with a recent BankThink article that challenged the industry's claims about proposed rules for implementing the Basel endgame capital requirements.
January 19Financial Services Forum -
Past crises have created opportunities for criminal organizations to inject their funds into the legitimate banking system. Bankers can't allow that to happen again.
January 19 -
Opponents of the proposed capital rule offer many arguments as to why it will be a disaster. The trouble is, they're all wrong.
January 18Occupy the SEC -
Who counts as a politically exposed person, or PEP, is different in different jurisdictions. Uniformity in the identification of people considered a higher risk for money laundering would ease compliance headaches for everyone.
January 17ComplyAdvantage -
Despite widespread impressions that the economy is proving resilient and a "soft landing" is possible, banks are decidedly pessimistic about the economy.
January 16American Banker -
Mike Abbott, global banking lead at Accenture, shared some of his predictions and opinions for the year ahead.
January 16 -
The Federal Reserve's inexplicable failure to enforce rules requiring Silicon Valley Bank Financial Group to serve as a "source of strength" for its subsidiary saddled the FDIC with billions in extra losses.
January 16Kramer Levin Naftalis & Frankel LLP