Weekly Regulatory Deadlines | July 08 to July 14

Incumbent banks accused of blocking fintech sector's access to BoE Term Funding Scheme

Incumbent banks accused of blocking fintech sector's access to BoE Term Funding Scheme

Incumbent banks accused of blocking fintech sector's access to BoE Term Funding Scheme

Source: Finextra Research Headlines

Securities Offering Reform for Closed-End Investment Companies

SEC | Securities | Final Rule

Remittance Transfers Under the Electronic Fund Transfer Act (Regulation E)

CFPB | Deposits, Payments | Final Rule

Proposed Flood Hazard Determinations

FEMA | Mortgage Lending, Insurance | Notice

60-Day Notice of Proposed Information Collection: Mortgage Record Change; OMB Control No.: 2502-0422

HUD | Mortgage Lending | Notice

Proposed Flood Hazard Determinations

FEMA | Mortgage Lending | Notice

Incumbent banks accused of blocking fintech sector's access to BoE Term Funding Scheme

Incumbent banks accused of blocking fintech sector's access to BoE Term Funding Scheme
Finextra Research Headlines 07/14/2020
The UK's big banks are blocking alternative lenders' access to the Bank of England's Term Funding Scheme, risking putting some out of business, warns Funding Options CEO Simon Cureton...
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The Provident Bank

Massachusetts bank rebranded to reflect national push
American Banker 07/14/2020
Provident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets...
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Stocks flat as companies report quarterly losses

Stocks flat as companies report quarterly losses
The Hill: Finance Policy 07/14/2020
Stocks erased minor losses after the opening bell on Tuesday as companies began reporting losses for the second quarter, giving traders a deeper understanding of how the COVID-19 pandemic affected the economy.The Dow Jones Industrial Average was up...
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A hard pivot

Analyzing small-biz spending during the pandemic
PaymentsSource 07/14/2020
CardFlight's interactions with merchants and their acquirers give it insight into how small businesses are performing during the crisis. The company tracks trends such as contactless adoption, overall sales volumes and other factors that can change drastically from week to week...
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5 Compliance Lessons From Novartis' FCPA Settlement
Law360: Securities 07//2020
On June 25, the U.S. Department of Justice announced a pair of deferred prosecution agreements with on current and one former subsidiary of Swiss pharmaceutical giant Novartis AG to resolve criminal Foreign Corrupt Practices Act...
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