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1 Mar 2024, 6:00 am
Legal and Regulatory Developments SPOTLIGHT: GOP Senators Propose Ban on Central Bank Digital CurrenciesThe Hill – February 26, 2024 Republican senators introduced legislation Monday that would ban official cryptocurrencies backed by central banks, a type of proposed digital asset that the Biden administration and Federal Reserve have expressed interest in studying. [read post]
29 Feb 2024, 3:28 pm
-China relations in both countries, players at five levels: multi-lateral international, central government-to-central government, locality-to-locality, civil society-to-civil society, and individual-to-individual. [read post]
28 Feb 2024, 9:58 am
Our central goal is to explore power in all its manifestations (race, class, gender, sexuality, disability, global inequality, etc.) and the relationship of law to power. [read post]
28 Feb 2024, 4:47 am
The move comes days after Secretary of State Antony Blinken said Washington considered Israeli settlements in the West Bank to be inconsistent with international law. [read post]
27 Feb 2024, 2:42 pm
It makes two central contributions. [read post]
27 Feb 2024, 10:18 am
The peer review concludes that, given the vulnerabilities reported in individual jurisdictions, further progress on implementing the FSB policy toolkit would be needed to enhance MMF resilience and limit the need for extraordinary central bank interventions during times of stress. [read post]
27 Feb 2024, 5:50 am
Under the Act, the executive can seize Russian central bank assets, for example, and funnel those funds to Ukraine. [read post]
27 Feb 2024, 4:20 am
State Department spokesperson said. [read post]
27 Feb 2024, 4:06 am
On 26 February 2024, the Chair of the Financial Stability Board (FSB), Klaas Knot, wrote a letter to the G20 Finance Ministers and Central Bank Governors. [read post]
24 Feb 2024, 9:16 am
The authorities resolved to lift sanctions imposed on Niger, which encompassed the suspension of commercial and financial transactions between ECOWAS member states and Niger, the freezing of Niger’s assets in ECOWAS central banks, travel bans on Niger government officials and their families, among other measures. [read post]
23 Feb 2024, 4:36 am
Central Command confirmed. [read post]
22 Feb 2024, 10:09 am
The content and format of information provided by Member State competent authorities to the EBA and European Central Bank under Article 43(4) and Article 56(3) of MiCAR, which includes, if applicable, the information received under Article 22 of MiCAR, will be set out in a subsequent delegated act that is to be adopted after the reporting obligations under Article 22 have been specified by the technical standards and further experience has been gained. [read post]
22 Feb 2024, 6:48 am
A study by Alex de Vries, a data scientist at the central bank of the Netherlands, estimates that by 2027, NVIDIA could be shipping 1.5 million AI server units per year and just announced astonishing financial results for 4th quarter 2023. [read post]
22 Feb 2024, 2:01 am
On 19 February 2024, the European Central Bank (ECB) published a Memorandum of Cooperation that it had entered into with Member State competent authorities (NCAs) (together the Authorities) for the performance of their supervisory tasks in relation to the supervision of third country groups and third country branches. [read post]
21 Feb 2024, 6:05 am
Even if a judgment were rendered against a foreign State for such acts, enforcing a judgment against that State’s central bank assets would violate established principles of immunity from execution. [read post]
21 Feb 2024, 5:52 am
These discussions as well as formal efforts mostly focus on two primary aspects: establishing an international compensation mechanism and confiscation of the frozen assets of the Russian Central Bank. [read post]
20 Feb 2024, 9:05 pm
” Meanwhile, European Central Bank President Christine Lagarde touted that “macroprudential policy for banks has developed from an idea into a reality. [read post]
20 Feb 2024, 5:50 am
This approach, too, begins with the frozen central bank assets. [read post]
20 Feb 2024, 3:47 am
Israel is not participating in the arguments and has said it does not recognize the court’s jurisdiction over its activities in the West Bank. [read post]
19 Feb 2024, 9:01 pm
Additional recruiting and staffing may be needed, though specific requirements for use policies and senior-level AI expertise, whether in the boardroom or in the C-suite, likely will vary with how important AI is to the central business mission and how deeply embedded it is likely to become. [read post]
