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16 Apr 2020, 4:55 am by Hedge Fund Lawyer
 Wall Street and crypto veteran Caitlin Long recently announced a plan for Wyoming corporation, Avanti Financial Group Inc., to apply for a bank charter under Wyoming’s special-purpose depository institution law. [read post]
2 Apr 2019, 9:00 pm by Samuel Cohen
European Council president Donald Tusk has said that until 12 April 2019, “all options will remain open and the cliff-edge date will be delayed. [read post]
NFC intra-group transactions Recital 16 of EMIR Refit notes that intragroup transactions involving NFCs represent a relatively small fraction of all OTC derivative contracts and are used primarily for internal hedging within groups. [read post]
5 Jul 2023, 8:00 am by Ken Alex
The European response to Russia’s invasion of Ukraine shows the potential of an emergency response. [read post]
2 Sep 2019, 3:38 am by Florence Campbell Jones
The European Central Bank (“ECB“) then “pull[ed] the plug on emergency funding to Greek lenders” after tensions between the Syriza government (the previous Greek government) and Greece’s international creditors escalated over bailout terms. [read post]
20 Sep 2021, 6:13 pm
For instance, it does not only examine the substantive rules, but also the enforcement issues, particularly the interest group politics of relevant regulators. [read post]
12 Mar 2017, 6:46 am
 First, the Chinese emphasize principles and ideology far less; they tend to implement their trade policy through concrete investment―whether through their investments furthering the One Belt One Road project, or in their bilateral or multilateral efforts. [read post]
29 Apr 2021, 8:26 am by Kristian Soltes
Apple is expected to face a European Union escalation of an antitrust probe into its App Store rules for music streaming as soon as this week. . . . [read post]
25 Nov 2011, 1:50 am by Tony Tsang
Corzine was aspiring to turn MF Global into a full-fledged investment bank comparable to Goldman Sachs under his management. [read post]
12 Mar 2012, 8:48 am by Simon Lester
A similar procedure was believed to have first been performed by Egyptian farmers nearly 5,000 years ago.Under strong condemnation from animal protection groups, the European Union has planned to stop, from 2019 onward, the production of this traditional cuisine. [read post]
26 Mar 2018, 5:33 am by Florian Mueller
There's no shortage of money, especially in the eurozone with the European Criminal Bank being just out of control and continuing to flood the markets with euros. [read post]
2 Mar 2022, 6:49 am by Hunton Andrews Kurth LLP
Russia-related General License 8A, which replaces and supersedes General License 8 (issued with the February 24, 2022, tranche of sanctions on Russian banks), includes Russia’s Central Bank among the list of banks with which US persons may engage in transactions related to energy until June 24, 2022.5  OFAC also issued full blocking sanctions on three of Russia’s key sovereign wealth funds: Russian Direct Investment Fund (“RDIF”),… [read post]
18 Feb 2008, 6:22 am
Bank deposits are a decreasing share. [read post]
20 May 2016, 8:56 am by Ellen Scholl
Russia’s foray into LNG comes amid speculation that its eastern European customers may be looking for new providers (like the U.S.) who are not prone to aggression in their backyard. [read post]
27 Oct 2023, 6:00 am by Michelle
Merchant groups, long riled by debit card acceptance costs, contend the Fed’s cut doesn’t go far enough, while the banking lobby deplores the proposal as arbitrary and likely to hurt banks and consumers. [read post]
21 May 2020, 8:47 am by Kristian Soltes
It wants the European Commission to widen the existing rules to cover other card transactions. [read post]
18 Feb 2022, 9:23 am by Zak Gowen
Last year, McGuinness pledged the EU payment strategy for the coming years, including open banking and instant payments, in a speech to the European Payment Institutions Federation. . . . [read post]
Indeed, the EU is banking that negotiations toward an investment agreement will pressure China to modify some of the same policies that have rankled the United States. [read post]
5 May 2021, 7:06 am by Abby Lemert, Eleanor Runde
The People’s Bank of China stated that some of the firms will need to set up financial holding companies to house certain parts of their businesses. [read post]