In this issue...
The Federal Reserve was the first of five agencies to approve joint proposed changes to the Volcker Rule that would maintain the statutory ban on proprietary trading but streamline compliance requirements to account for a firm’s level of trading activity.
The Federal Reserve was the first of five agencies to approve joint proposed changes to the Volcker Rule.
According to news reports, the CFTC and the CFPB are developing a FinTech "regulatory sandbox," for new technologies or new business models
The European Commission proposed an amendment to MiFID II that would require advisers to account for a client's environmental, social and governance (ESG) preferences.
Federal Reserve Chairman Jerome H. Powell discussed the importance of transparency for both financial institutions and regulators.
U.S. households are economically better off than five years ago, according to a report issued by the Federal Reserve.
The OCC released its Semiannual Risk Perspective for Spring 2018, highlighting competition for loans, evolving cyber threats, money laundering risks, and increasing funding costs.
Comptroller of the Currency Joseph Otting does not think revisions to the federal leveraged lending guidance are necessary as it provides banks with flexibility, according to news reports.
Federal Reserve Bank of New York President William Dudley spoke about the uncertain future of LIBOR after 2021 and the significant transition effort required by market participants and regulators.