Bank regulation

(redirected from Banking Regulations)

Bank regulation

The formulation and issuance by authorized agencies of specific rules or regulations, under governing law, for the conduct and structure of banking.

Bank Regulation

The laws and bureaucratic rules governing banking. Banks have regulations at the federal, state, and sometimes local levels. Examples of bank regulations include capital requirements and limits on interest rates. Member banks of the Federal Reserve are subject to further regulations, such as the requirement to buy stock in the Federal Reserve System. Proponents of bank regulations state that they help maintain consumer confidence in banking, which in turn helps keep the economy running smoothly. Critics maintain that most bank regulations create market distortions and hamper economic growth. Perhaps predictably, these two groups disagree on whether too little or too much bank regulation caused the credit crunch of the mid and late 2000s and the subsequent recession.
References in periodicals archive ?
BANKING AND CREDIT NEWS-July 12, 2019--Trump says digital currencies need to face banking regulations
M2 EQUITYBITES-July 12, 2019--Trump says digital currencies need to face banking regulations
Global Banking News-July 12, 2019--Trump says digital currencies need to face banking regulations
He further defended banking regulations that require full disclosure of cash transactions exceeding Sh1 million.
However, a July 12, 2016 circular of SBP regarding branchless banking regulations for financial institutions only binds the banks to implement the AML and CFT regulations.
Washington: The Senate is preparing to scale back the sweeping banking regulations passed after the 2008 financial crisis.
Summary: THE PASSAGE OF SEVERAL SIGNIFICANT AMENDMENTS USHERS IN ISLAMIC BANKING A WELL AS, BANCASSURANCE AND NEW MOBILE AND AGENCY BANKING REGULATIONS
Smith, III, a partner of Nelson Mullins Riley & Scarborough LLP to speak at the Knowledge Group's Upcoming Banking Regulations: The Importance of Compliance in 2015 Live Webcast.
The French bank was punished for eight years of violating US banking regulations forbidding the movement of funds from those three countries through the US financial system.
ABA HAS UPDATED ITS QUICK REFERENCE GUIDE to Banking Regulations to cover legal and regulatory changes through August 2012--including the elimination of Regulation AA and a comprehensive overview of the new UDAAP.
Commenting on the strict banking regulations, he said that banks shouldn't exploit the clients, particularly, the poor and vulnerable sections of the society.

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