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2 Mar 2022, 6:49 am
The stated purpose of the most recent round of economic sanctions is to impose measures to ensure Russia cannot use its Central Bank reserves to support its currency and thereby undermine the impact of prior sanctions.2 The latest sanctions broadly prohibit all transactions with Russia’s Central Bank, National Wealth Fund, and Ministry of Finance. [read post]
6 Feb 2010, 6:00 am
Others disagree, stating that “normal isn’t zero,” as the overnight loans interest rate among banks has been near zero since December 2008. [read post]
18 Jan 2022, 9:29 am
On 17 January 2022, HM Treasury (HMT) issued a consultation on central counterparties (CCPs) and central securities depositories (CSDs) as part of its Future Regulatory Framework Review (FRFR). [read post]
22 Jul 2021, 6:01 am
In June, the G7 Finance Ministers and Central Bank Governors issued a statement calling for mandatory climate-related financial disclosures based on the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”) framework. [read post]
4 Sep 2020, 8:55 pm
Mr Bailey states that a stablecoin that intends to launch with sterling-based activities in the UK must first meet relevant standards and be appropriately regulated. [read post]
30 Nov 2011, 6:39 am
Central banks from developed nations took coordinated action on Wednesday morning to shore up the global financial system as Europe’s rolling debt crisis continues to trouble markets. [read post]
4 Nov 2022, 2:05 am
Many companies have weathered the impacts of inflation on the cost of their production inputs by simply passing such costs on to consumers; however, as central banks, led by the U.S. [read post]
20 May 2019, 1:03 am
Pratyush Nath UpretiThe recent second Belt and Road Forum for International Cooperation (BRI) in Beijing received overwhelming attention and participation from heads of States and governments from 37 countries representing Central Asia, South Asia, ASEAN, Europe, Central Asia, Africa, the Middle East, and South America. [read post]
16 May 2011, 2:10 am
Federal and state bank regulators are charged with ensuring that financial institutions are operated safely and soundly in compliance with all laws and regulations (including consumer protection regulations) to protect depositors, ensure that banks remain in business, and promote public confidence in the U.S. banking system. [read post]
18 Sep 2023, 7:46 am
That’s a surprise because USDA isn’t exactly a central player in the climate space. [read post]
16 Feb 2014, 2:49 pm
As the World Bank Report states: “any debtor’s status as a natural person raises unique considerations that are at least equally central, if not more so, to the proper structure and assessment of a system for addressing natural person insolvency”. [read post]
10 Jan 2018, 6:00 am
To plug the gap, the Central Bank of Libya (CBL) burned through its foreign-exchange reserves. [read post]
2 Apr 2024, 9:05 pm
Some central banks outside of the United States have begun doing this. [read post]
26 Oct 2016, 1:46 pm
The OCC expects the office to begin operations in first quarter 2017. [read post]
31 Oct 2016, 1:46 pm
The OCC expects the office to begin operations in first quarter 2017. [read post]
9 Nov 2014, 4:46 pm
As Hyun Shin emphasised earlier, the first phase of global liquidity from 2003 to 2008 was mostly bank-driven. [read post]
21 Dec 2021, 3:59 am
Maduro appointed the Maduro Board to represent the Central Bank of Venezuela. [read post]
26 Apr 2016, 11:28 pm
It appears to be the first time (or at least one of the first times) that a large group of central Party-state institutions has concluded an MOU. [read post]
15 Sep 2021, 6:55 am
In July, China’s central bank, the People’s Bank of China (PBOC), published a 15-page white paper outlining its progress in developing the nation’s central bank digital currency, known as the “eCNY” or digital renminbi. [read post]
15 Jun 2009, 8:29 pm
District Court for the Central District of California. [read post]
