- Regulation
- Technology
- Resources
Latest News
- Industry
-
TD Bank faces class action lawsuit by former Chinese-American employees
Suit says TD tried to give the impression it was conducting serious investigations during the AML scandal, but was targeting Chinese and Chinese-American employees.
-
Fed unveils “sharpened” supervisory operating principles
The memo shifts exam priorities, MRAs, and horizontal reviews toward material financial risks.
-
Fed Board finalizes LFI framework revision, broadens “well managed” status
Final notice aligns with proposed revisions aiming to better represent a bank’s strength and resilience.
-
Fed OIG downgrades CFPB cybersecurity assessment to second-lowest level
Failure to maintain ATOs and lack of documentation key factors in decision.
-
GRIP Extra: HSBC to book $1.1B provision after losing Madoff appeal, EU coordinates enforcement on GDPR transparency
Our in-brief roundup of notable stories from the last week.
-
SIFMA says more than 90 participants tested its disaster prep plans
The testing involved simulated trading, post-trade activity, and regulatory trade reporting.
-
Fed votes to publish supervisory stress test models
Banking industry celebrates a reduction in the opacity of the tests, while critics fear it could invite gamesmanship.
-
Podcast: Daniel Payne on the GENIUS Act and crypto optimism
The GENIUS Act is now law, but its key provisions and enforcement do not take effect immediately. We talked about its significance and why it’s on the agenda now.