financial regulation

Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the integrity of the financial system. This may be handled by either a government or non-government organization.

Source: en.wikipedia.org

SEC Questions India’s ICICI Over Accounting Practices
SEC Questions India’s ICICI Over Accounting Practices
July 30, 2018  |  B2B Payments

The U.S. Securities and Exchange Commission (SEC) is reportedly seeking information from India’s ICICI Bank on its accounting and corporate governance practices, reports in Bloomberg...

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Trump CFPB Pick Questioned On Consumer Finance Experience
Trump CFPB Pick Questioned On Consumer Finance Experience
July 20, 2018  |  CFPB

President Donald Trump’s pick to lead the Consumer Financial Protection Bureau (CFPB) held her own during intense questioning by Democratic Senators on Thursday (July 19)....

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CFPB Names Paul Watkins From AZ AG Office As Innovation Head
CFPB Names Paul Watkins From AZ AG Office As Innovation Head
July 19, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has announced that Paul Watkins, a lawyer, will lead the agency’s newly created Office of Innovation. “I am delighted...

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Ex-CFPB Director, Raj Date, Helps Cryptos Remain Compliant
Ex-CFPB Director, Raj Date, Helps Cryptos Remain Compliant
July 13, 2018  |  CFPB

Raj Date, a former Consumer Financial Protection Bureau (CFPB) deputy director turned venture capitalist, is launching a new firm that will consult cryptocurrency and digital banking...

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PSD2 Smiles On Biometrics — And Other Tales From The New World
PSD2 Smiles On Biometrics — And Other Tales From The New World
July 12, 2018  |  Bank Regulation

Watching. Waiting. Concerns about fraud. And an apparent boost for biometrics. The second Payment Services Directive — known as PSD2 — has come into effect in...

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Despite New EU AML Laws, Banking Scandals Persist
Despite New EU AML Laws, Banking Scandals Persist
July 10, 2018  |  International

Although new rules to combat money laundering in the European Union took effect this week, there are already calls for more reforms after a series...

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Mulvaney Reduces Penalty On Payday Lender Security Finance
Mulvaney Reduces Penalty On Payday Lender Security Finance
June 29, 2018  |  CFPB

The acting director of the Consumer Financial Protection Bureau has cut a fine against payday lenders in half, as well as dropped some of the...

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The Roads Of Procurement, Compliance Begin To Merge
The Roads Of Procurement, Compliance Begin To Merge
June 28, 2018  |  B2B Payments

Procurement professionals may be the unsung heroes of corporate compliance. In procure-to-pay, businesses expose themselves to all sorts of non-compliance risks, from tax to invoice...

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CFPB Supports Reconsideration Of Payday Rule
CFPB Supports Reconsideration Of Payday Rule
June 26, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a response supporting reconsideration of the agency’s payday rule. According to The National Law Review, the motion...

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