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Compliance/Regulatory Risk - Banking Exchange
Faces a new investigation into whether the merger violates antitrust law
By increasing competition and choice, the rule aims to lower loan prices and improve customer service
Customers tricked into sending money to fraudsters can be compensated up to £85,000
Four associations argue it would encourage scams and harm financial inclusion
The federal judge rejected the challenge, which was backed by the American Bankers Association
Overriding regulation would prevent confusion and relieve banks from overlapping requirements
The financial services industry would be wise to take notice
Majority of FDIC board vote for move towards new requirements
Publication of rules will be postponed until after summer
Recent bank law developments are causing fragmentation of the banking system, OCC says
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