Tag Archives: regulatory burden

ABA Calls for Simplified Capital, Liquidity Standards

Testifying before the Senate Banking Committee today, ABA EVP Wayne Abernathy made the case for reducing the complexity of capital and liquidity rules, which he said would not only enhance bank supervision and management, but benefit bank customers.

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CFPB Updates Reg Z Dollar Thresholds

The Consumer Financial Protection Bureau today announced 2017 changes in dollar thresholds for several Regulation Z provisions governed by the CARD Act, the Home Ownership and Equity Protection Act and the Dodd-Frank Act.

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Crapo, Tester Call for Simplified Capital, Reporting Requirements

In a letter to Federal Reserve Chair Janet Yellen yesterday, Sens. Mike Crapo (R- Idaho) and Jon Tester (D-Mont.) called for regulators to provide simpler capital rules and reporting requirements for community banks through the Economic Growth and Regulatory Paperwork Reductions Act process, a decennial review now winding down.

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Lawmakers Seek More Info on Bank, Fintech Partnerships

Twelve House members, including Reps. Patrick McHenry (R-N.C.) and Jared Polis (D-Colo.) today wrote to the Government Accountability Office seeking greater clarity on how the current regulatory structure affects partnerships between banks and fintech companies.

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