Tag: Volcker

Community Banks Exempted from Volcker Rule

Community banks are set to be exempted from the Volcker Rule. Five US federal financial regulatory agencies have adopted a final rule to exclude community banks from the regulation, a move that they claim is consistent with the Economic Growth, Regulatory Relief, and Consumer Protection Act. The Volcker Rule generally restricts banking entities from engaging […]

And Another Thing…

I read this week that UBS’ compliance head Markus Ronner believes that while they will inevitably remain high, compliance costs for the banking industry have peaked. There are undoubtedly a host of financial markets’ participants out there who fervently hope he is right, actually if it comes down to it, I hope he’s right! The […]