Reporting on financial regulations, compliance requirements, data privacy laws, anti-money laundering (AML), know-your-customer (KYC) regulations, and related topics affecting the Swiss financial industry.
Treasury Secretary Janet Yellen said in a speech Tuesday that "financial institutions risk being left behind with stranded assets, outdated business models, and missed opportunities to invest in the growing…
As the scale of financial crimes grows around the world, banks and financial institutions see a tidal wave of fraud,…
A coalition of banking trade groups Friday submitted their comments to the Basel III endgame capital proposal, arguing that several…
Representative French Hill, a Republican from Arkansas and vice chair of the House Financial Services Committee, will lead the committee's…
Senate Banking Committee chair Sherrod Brown, D-Ohio, and Senate Armed Services Committee chair Jack Reed, D-R.I., joined other Senate Democrats…
The Consumer Financial Protection Bureau issued new advisories addressing inaccurate background checks and credit reporting on Thursday, in part aimed…
The Federal Reserve Office of the Inspector General released a report Thursday saying that the board of governors lacks sufficient…
The Federal Reserve Thursday issued enforcement actions against four former bankers for misappropriating sensitive bank information and barred one from…
Bank merger-and-acquisition volumes slowed to a near standstill in 2023, hindered by high interest rates and related recession fears as…
A motion to override President Biden's veto of a Congressional Review Act motion to nullify the Consumer Financial Protection Bureau's…
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