The Basel III endgame proposal: Yet another gift to private credit funds
We should think twice about creating a regulatory framework that drives business away from the brightly lit world of highly ...
Tag: Nonbanks
Podcast: Digging into the CFPB’s Section 1033 data-sharing proposal
"Banks have long supported consumers accessing their own data, but believe it should be done in a safe and sound ...
Gruenberg sees room for more supervision of nonbanks
Nonbank financial institutions have become an integral part of the financial services landscape, and as a result, banks and nonbanks ...
CFPB proposes public registry of nonbank contract terms
The Consumer Financial Protection Bureau this week proposed creating a public registry of terms and conditions in non-negotiable, nonbank contracts ...
Treasury report: Fintech requires more oversight to prevent abuses, protect consumers
According to the report, while fintech firms enable new capabilities, they also create new risks related to data privacy and ...
FSB makes recommendations for addressing systemic risk in NBFI sector
The Financial Stability Board issued a set of policy proposals aimed at addressing systemic risk in the non-bank financial intermediation ...
Basel Committee newsletter addresses credit risk in real estate, leveraged lending
The Basel Committee on Banking Supervision today issued a newsletter focusing on credit risk, which has risen in recent months ...
Ahead of G20 meeting, FSB chair warns of economic slowdown
The Financial Stability Board today published a letter from Chairman Klaas Knot warning of global financial system vulnerabilities and providing ...
ABA pans postal service check-cashing pilot program
A pilot program by the U.S. Postal Service to offer check cashing services is inconsistent with congressional intent and inappropriately ...
ABA, CBA express support for CFPB’s nonbank supervision, opposition to disclosure of CSI
The American Bankers Association and the Consumer Bankers Association this week expressed support for the Consumer Financial Protection Bureau’s recent ...
