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Since the UK Bribery Act 2010 came into force in July 2011, standards and scope of anti-bribery and corruption (ABC) compliance programmes have evolved significantly in many jurisdictions. [read post]
9 Dec 2021, 5:47 am by Wendy Howarter
 Financial institutions are held to a higher standard than consumers because they can—and should—adopt security measures to protect their customers. [read post]
9 Dec 2021, 3:15 am by Liz Dunshee
The ESG Book is available to all businesses, investors, standards setters, and other stakeholders and follows five principles based on its mission to create ESG data as a public good. [read post]
9 Dec 2021, 1:50 am by Kevin Kaufman
The government is also considering increasing the tax exemption threshold on profits up to €30,000 from 13 percent to 15 percent.[5] In France, the standard statutory corporate income tax rate was lowered to 32.02 percent (including the 3.3 percent social surcharge) in 2020. [read post]
8 Dec 2021, 1:08 pm by Nikolai de Koning
On 7 December 2021, the Dutch Central Bank (De Nederlandsche Bank, DNB) published a news item in which it indicates that banks, insurers and pension funds must better account for sustainability risks. [read post]
8 Dec 2021, 12:03 pm by John Elwood
Clarke, 21-296Issue: Whether, under the Fair Labor Standards Act, per-diem allowances for traveling expenses, which are reduced when the employee fails to work a contractually require [read post]
8 Dec 2021, 6:08 am
The Federal Reserve Bank Board of Governors has recognized climate change as posing a systemic risk to the US financial system. [read post]
8 Dec 2021, 12:43 am by Jochen Vester (UK)
The draft RTS contain a list of elements to be taken into account by Member State competent authorities in assessing whether an undertaking should be fully or proportionally consolidated for prudential purposes, considering the risk of step-in for the banking group. [read post]
7 Dec 2021, 1:07 pm by Alden Abbott
Background: The Grudging Acceptance of Merger Efficiencies Not long ago, economically literate antitrust teachers in the United States enjoyed poking fun at such benighted 1960s Supreme Court decisions as Procter & Gamble (following in the wake of Brown Shoe andPhiladelphia National Bank). [read post]
6 Dec 2021, 8:40 pm by Hannah Meakin (UK)
The BoE’s final policy has been implemented via amendments to Commission Delegated Regulation (EU) 2015/2205 of 6 August 2015 supplementing the European Markets Infrastructure Regulation with regard to regulatory technical standards on the clearing obligation (hereafter Binding Technical Standards (BTS) 2015/2205). [read post]
6 Dec 2021, 8:40 pm by Simon Lovegrove (UK)
The FCA is proposing to widen the existing exclusion of SFTs from reporting under UK MiFIR to also include SFTs where the counterparty is a member of the European System of Central Banks or Bank of England, effective from 31 March 2022. [read post]
6 Dec 2021, 2:33 pm by Emily Dai
The panel will include John McArthur, Brookings director and senior fellow; Lesly Goh, senior technology advisor at the World Bank; Jonathan Ledgard, founder at Rossums; and Bright Simons, president of mPedigree Network. [read post]
6 Dec 2021, 10:20 am by IncNow
It contains a paragraph that is a brief, standardized statement by the Secretary of State certifying that the entity is duly formed under Delaware law and is in good standing as of a certain date. [read post]
6 Dec 2021, 8:07 am by Jeremy T. Rosenblum
” The CFPB has had years to initiate rulemaking establishing clear standards for overdraft fees. [read post]
6 Dec 2021, 5:23 am by Jocelyn Hutton
On Wednesday 8th December, the Court will hand down judgment in R (on the application of Association of Independent Meat Suppliers and another) v Food Standards Agency. [read post]
5 Dec 2021, 4:39 pm by INFORRM
Central Digital and Data Office has rolled out an algorithmic transparency standard for government agencies and the public sector. [read post]
3 Dec 2021, 8:55 pm by Jochen Vester (UK)
On 2 December 2021, the European Banking Authority (EBA) issued three consultations covering technical aspects of the revised framework capturing interest rate risks for banking book (IRRBB) positions. [read post]
3 Dec 2021, 8:25 am by Cinthia Macie
In addition, the emergence of alternative solutions to using Visa and Mastercard-branded payment cards for merchants and consumers, such as account-to-account payments, Open Banking and buy now pay later, means third-party providers can move money directly from consumers’ bank accounts to merchants, increasing pressure on the main card schemes. [read post]
3 Dec 2021, 8:25 am by Cinthia Macie
In addition, the emergence of alternative solutions to using Visa and Mastercard-branded payment cards for merchants and consumers, such as account-to-account payments, Open Banking and buy now pay later, means third-party providers can move money directly from consumers’ bank accounts to merchants, increasing pressure on the main card schemes. [read post]
3 Dec 2021, 8:25 am by Cinthia Macie
In addition, the emergence of alternative solutions to using Visa and Mastercard-branded payment cards for merchants and consumers, such as account-to-account payments, Open Banking and buy now pay later, means third-party providers can move money directly from consumers’ bank accounts to merchants, increasing pressure on the main card schemes. [read post]