American Bankers Association

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american bankers association and regulations - All News and Analysis

• Regulation: In A Panic Over US Gambling Rules - Bankers Fear That The US's Proposed Regulation To Prohibit Banks From Handling Transactions Related To Illegal Internet Gambling Would Damage The Payments System, Writes Michael Imeson.

  - 2008-02-01

  Byline: MICHAEL IMESON What is it? Regulation GG, Docket No. R-1298, Prohibition on Funding of Unlawful Internet Gambling would force banks and other payment providers to prevent payments being made to businesses involved in illegal internet gambling. It is designed to...

  Tags: American Bankers Association, bank, FINANCE, Government, INTERNET, payment, Regulations

• Twelve Trade Associations Support Improved 401(k) Disclosure in Submission to Labor Department

  - 2007-07-24

  To: LABOR EDITORSContact: John Hall of American Bankers Association, +1-202-663- 5473, Jhall@aba.com; Jason Hammersla of American Benefits Council, +1- 202-289-6700, JHammersla@abcstaff.org; Jack Dolan of American Council of Life Insurers, +1-202-624-2418, JackDolan@acli.com; Judy Schub of The Committee on Investment of Employee Benefit Assets, +1-301-961- 8682, jschub@afponline.org; Ted Godbout of The ERISA...

  Tags: 401(k), American Bankers Association, American Benefits Council, Benefits, Council, ERISA, Government, Insurance, Investment Company Institute, Regulations, U.S. Department of Labor

• Sarbox 'overkill' to be remedied by rules changes

  - 2007-02-01

  Five years have passed since the U.S. Congress enacted corporate governance regulations through the Sarbanes Oxley Act of 2002. Aimed at curbing corporate scandals like Enron and WorldCom, the legislation heavily regulates publicly traded companies, but the American Bankers Association ABA is advocating for changes in the regulations."We are mainly...

  Tags: American Bankers Association, auditing, bank, FINANCE, Government, Regulations, Sarbanes-Oxley

• ABA proposes deregulation

  - 2005-04-11

  ABA Proposes Deregulation: The American Bankers Association joined a growing chorus of opposition to provisions in Sarbanes-Oxley accounting reform law that require extensive reporting and testing of public companies' internal control systems. In a letter to Securities and Exchange Commission Chairman William Donaldson, the trade group said the requirement...

  Tags: American Bankers Association, deregulation, FINANCE, Government, Regulations, Sarbanes-Oxley

• ABA gets Treasury's Abernathy

  - 2005-04-01

  IN FEBRUARY, THE AMERICAN BANKERS ASSOCIATION ABA BROUGHT on board Wayne Abernathy, one of Washington, D.C.'s most influential policy-makers in financial services. Abernathy, the former assistant secretary for financial institutions at the Department of Treasury, joined ABA in the newly created position of executive director for financial institutions policy and...

  Tags: American Bankers Association, bank, Banking, financial, Government, Regulations, U.S. Department of Treasury

• States act on credit union issues

  - 2003-04-01

  An attempt by an Iowa credit union to purchase a bank has been thwarted by regulators. Even without an application on file, the head of the credit union division of the Iowa Department of Commerce said that the agency would not have approved such an application. Regulators noted that the...

  Tags: American Bankers Association, FINANCE, Government, Investment, Iowa, Regulations

• A sense of new year's resolve

  - 2003-01-01

  Banking Trends in Washington As we welcome the 108th Congress to Washington this month, it's with the hope and expectation that our lawmakers will be able to focus more of their time and energy on issues affecting financial services institutions. The previous Congress understandably devoted much of its time...

  Tags: American Bankers Association, bank, banker, Government, Regulations, terrorism, U.S. Congress, Washington

• Abusive lending tars us all

  - 2001-09-01

  Banking Trends in Washington Recently the Senate Banking Committee, under its new chairman Paul Sarbanes, D-Md., wrapped up two days of hearings on predatory lending. After the hearings, Sen. Sarbanes said that he might consider legislation this fall. Unfortunately new laws and rules that target predatory...

  Tags: American Bankers Association, banker, Banking, education, FINANCE, Government, MARKETING, Regulations, Sarbanes-Oxley

• The Orlando Sentinel, Fla., Central Florida Business Memo Column.

  - 1998-09-28

  Knight Ridder/Tribune Business News Sep. 28--The American Bankers Association convenes its annual business meeting in Orlando this morning at 8, on the last day of the group's three-day annual meeting at the Hyatt Regency Grand Cypress Resort. Later, a panel of Washington commentators is...

  Tags: American Bankers Association, Government, Orange PCS, Orlando, Regulations

• H.R. 10 Vote Expected This Week

  - 1998-05-04

  STEVEN BROSTOFF Washington Prospects for the financial services reform bill known as H.R. 10 remained chancy at press time with the legislation still tentatively scheduled for what will likely be a make-or-break vote this week. An aide for the House Banking Committee told National Underwriter...

  Tags: American Bankers Association, bank, Banking, FINANCE, Government, Insurance, Regulations