Reg Report

The Regulatory Risk Report is published twice each month delivered straight to your inbox. A must have reference to the latest regulatory changes; the report summarizes important developments affecting the global financial services industry that have occurred in the past two weeks.

Each report has more than 50 articles summarizing regulatory events, and more than 150 links to additional content and regulatory material. Direct access to underlying regulatory documents may be obtained by clicking on the hyperlinks in the report.

Please find some sample Report editions below.

To subscribe or request a one month free trial to the regulatory report, please contact us.

Reg-Report Sample
May 1, 2017  
Quote of the Week
“We are seeing a great deal of interest from fintech companies that want to learn more about doing business and collaborating with banks....Early in this process, our regulatory instinct has been to say no and to be too risk averse. In the last two years, we’ve worked very hard to take a more open approach.”
Articles in This Issue

US Banking: Fed Powell reforms, role of boards; Trump FSOC and resolution orders; FHFA stress test scenarios; Fed, FDIC resolution plan gaps; House CHOICE Act hearing; Volcker speech future reform

page 2

US Consumer: CFPB HMDA data clarification; CFPB mortgage sector diversity; CFPB student loan complaints; CFPB loan servicer violations; CFPB rulemaking process; CSBS new call report for MSBs

page 3

US Investment: SEC processing of complaints; CFTC registration form 8-R; MSRB board rulemaking; FINRA expedited list of arbitrators; FINRA social media communication; FINRA insider red flags, tips

page 4

Canada: CSA foreign auditor oversight; CSA offering memo exemption; IIROC use of enforcement tools; OSFI Basel pillar 3 disclosures; IIROC conflicts on compensation; IIROC trade confirmation suppression

page 5

International: Basel III adoption progress; FSB chair dynamic reforms; HK Treasury insurance authority; HKMA bank account opening; MAS future reforms, fintech; CSRC supervision of futures risks 

page 6

EU: ECB CCP resolution regulation; ESMA liquidity contracts under MAR; EU Council Brexit negotiating position; EC CMU prospectus, equivalence; EDPS new e-privacy regulation; EIOPA consumer protection

page 7

UK: BoE money markets code; FCA mission, and business plan; FCA firm-complaint data; PRA MIFID implementation part 2; FCA evolving threats speech; Treasury Post-Brexit AML sanctions powers

page 8

AML & Enforcement: OFAC removal SDN list; OFAC Syria sarin research; MAS crime prevention, AML; Fed Deutsche FX, Volcker settlement; OCC, U.S. bank NA filing violations; UK FRC Grant Thornton fine

page 9
Regulatory Watch List
Block-EU Brexit guidelines agreed by EU 27 defer trade talks until later phase, and carve out financial services. Uncertain prospects on timing and terms of access, cause UK banks to implement contingency relocation plans. 
Spoiled for CHOICE House introduces Dodd-Frank replacement bill, with option for fewer rules if higher capital. Prospects in Senate make wider passage unlikely, with GOP disagreement on changes to credit card swipe fees.