Posted on 7/22/2014
Republicans on the House Financial Services Committee yesterday released a report finding that the regulatory structure created by the Dodd-Frank Act does not sufficiently address the problem of too-big-to-fail financial institutions.
Posted on 7/21/2014
Auto loan fraud, tax fraud and prepaid card fraud lead the list of trending activities reported in suspicious activity reports, according to the Financial Crimes Enforcement Network.
Posted on 7/18/2014
The Senate yesterday voted 93-4 to reauthorize the Terrorism Risk Insurance Act. S. 2244 would extend TRIA for seven years while increasing the amount the private sector would be required to cover after a terrorist attack.
Posted on 7/17/2014
After a long run of overall profitability, the agricultural sector is forecast to slow down -- and banks making ag loans must enforce sound underwriting principles and establish effective risk management procedures, the FDIC said yesterday.