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6 Jun 2024, 9:05 pm by Gina Gkoulgkountina
The rule made it prohibitively expensive for banks to hold digital assets, including cryptocurrency. [read post]
The draft RTS will be submitted to the European Commission (Commission) for endorsement following which they will be subject to scrutiny by the European Parliament and the Council before being published in the Official Journal of the European Union (OJ). [read post]
6 Jun 2024, 6:06 am
Banking & Finance In the area of Banking and Finance, Chambers noted that the firm’s banking law practice and Attorney Howard Hagen (ranked as a Star Individual) are an “ideal choice for clients needing advice on sophisticated banking and finance mandates,” having advised on “a plethora of financing deals, complex regulatory issues and wider corporate law matters. [read post]
5 Jun 2024, 9:05 pm by Noah Brown
Beyond financing, federal regulations also restrict access to banking in the marijuana industry, as credit unions and banks—even state-chartered banks—must submit to federal oversight to join the Federal Reserve system and gain FDIC insurance, Mooney notes. [read post]
The CMDI package falls short of reviving the EU-wide deposit insurance scheme (EDIS), which was proposed in 2015 and intended to be the third and final pillar of the Banking Union, but has been stuck in the Council ever since. [read post]
5 Jun 2024, 7:30 am by Neil Siegel
More precisely, the point was to solve the central problem—the singular really is right—that the Union faced in the 1780s: the Union-destroying ways in which the states were relating to the central government and to one another. [read post]
4 Jun 2024, 7:30 am by Neil Siegel
Over the nineteenth century, federal courts helped entrench a political and economic union by policing state protectionism. [read post]
UNRWA provides vital services to millions of people in Gaza, the West Bank, as well as across the region, including in Lebanon and Jordan. [read post]
1 Jun 2024, 9:05 pm by Melissa Bredbenner
In addition to teaching at LSE, Black serves as an external member of the Bank of England’s Prudential Regulation Committee and its Financial Markets Infrastructure Committee. [read post]
31 May 2024, 6:47 am
 Pix credit hereChinese President and First Secretary of the Chinese Communist Party Xi Jinping delivered remarks at the opening of the China-Arab States Cooperation Forum in Beijing. 习近平, 深化合作,继往开来 推动中阿命运共同体建设跑出加速度 [Xi Jinping, "Deepen cooperation, carry forward the past and forge ahead… [read post]
31 May 2024, 5:16 am by HCCH
With the ratification of Georgia, 51 States and the European Union are bound by the 2007 Child Support Convention, while 32 States and the European Union are bound by the 2007 Maintenance Obligations Protocol. [read post]
31 May 2024, 3:00 am by Jim Sedor
The decision reinstated a lawsuit the NRA filed against New York state’s top financial services regulator, Maria Vullo, after she announced a plan to pressure banks and insurance companies to stop doing business with the organization. [read post]
30 May 2024, 12:15 am
  If not licensed under some other statute (such as the banking, credit union or residential mortgage lending laws), a lender will generally be subject to licensing under the California Financing Law (fka California Finance Lenders Law). [read post]
29 May 2024, 10:30 pm by Randy Priem
Silicon Valley Bank, Silvergate Bank, and Signature Bank) ran into financial difficulties with spillovers to Europe where Credit Suisse needed to be taken over by USB. [read post]
29 May 2024, 9:05 pm by renholding
Banks have also started to partner with private credit funds to provide corporate financing. [read post]
29 May 2024, 9:01 pm by renholding
In an important step forward, the House voted to pass a bill to establish a comprehensive regulatory framework for digital assets and offering important protections for customers. [read post]