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As the report stated, “digital business models that work best have understood people first and digital technology second. [read post]
30 Jun 2017, 6:01 am
Sloan, Simpson, Thacher & Bartlett LLP, on Friday, June 23, 2017 Tags: Banks, Capital requirements, CFPB, CHOICE Act, Financial institutions, Financial regulation, Foreign banks, Liquidity, Mortgage lending, Securities regulation, Stress tests, Systemic risk, Treasury Department, Volcker Rule A Modest Proposal? [read post]
28 Jun 2017, 7:11 am by Trey Herr
A series of ransomware infections that started in banks and utilities in Ukraine quickly spread into Russia and Belarus, then to Western Europe and the United States. [read post]
26 Jun 2017, 1:35 pm by Alex Potcovaru
The Federal Reserve accesses account information of foreign central banks with assets held in the system on a “need to know” basis and uses that information for intelligence purposes, Reuters reports. [read post]
26 Jun 2017, 4:34 am by Simon Lovegrove
The European Central Bank (ECB) has issued a press release stating that its Governing Council has adopted a Recommendation to amend Article 22 of the Statute of the European System of Central Banks and of the European Central Bank. [read post]
25 Jun 2017, 10:51 am by Chuck Cosson
In Carpenter, Petitioner ACLU argues that the “degree of invasiveness of the surveillance” involved distinguishes this case from prior precedent holding there is no reasonable expectation of privacy in records held by third-parties such as banks or phone companies.[18]  The government, respondent, argues inter alia that changes in technology are not relevant, because a reasonable expectation of privacy cannot attach to 3rd party business records created by that 3rd party… [read post]
25 Jun 2017, 9:36 am by David Hart QC
In doing this I cannot see how the Secretary of State has acted for a pensions’ purpose. [read post]
23 Jun 2017, 11:00 am by Jared Dummitt, Eliot Kim
The drills, which were originally suggested by Vietnam, took place off the coast of Danang, a port city in central Vietnam. [read post]
21 Jun 2017, 11:57 am by John Stigi
(“Lehman”) employees for undelivered equity-based compensation to those of the defunct bank’s general creditors. [read post]
21 Jun 2017, 11:57 am by John Stigi
(“Lehman”) employees for undelivered equity-based compensation to those of the defunct bank’s general creditors. [read post]
19 Jun 2017, 7:30 am by Ed Stein
(B) REQUESTS FROM BANKING AND FINANCIAL SERVICES COMMITTEES. [read post]
16 Jun 2017, 8:10 am by John Jascob
These requirements include compliance with the necessary prudential requirements for EU CCPs while taking into account third-country rules and confirmation from the relevant EU central banks that the CCP complies with any additional requirements set by those central banks. [read post]
14 Jun 2017, 9:06 pm by Charles Bieneman
CLS Bank Int’l., although the court did state that the defendant’s motion could be renewed after claim construction and discovery. [read post]
14 Jun 2017, 7:06 am by John Jascob
 SEC Regulatory Accountability Act (H.R. 78)—States cost-benefit considerations for the SEC. [read post]
The report covers the Bank for International Settlements and central banks in the following third countries: Australia (the Reserve Bank of Australia); Brazil (the Central Bank of Brazil); Canada (the Bank of Canada); Hong Kong Special Administrative Region (the Hong Kong Monetary Authority); India (the Reserve Bank of India); Japan (the Bank of Japan); Mexico (the Bank of Mexico); Singapore (the Monetary… [read post]