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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]
25 Nov 2013, 1:07 am
Here's the abstract:Development interventions are agreed by states and international organisations which administer public development funds of huge proportions. [read post]
3 Aug 2020, 10:40 am
The complaint states: “At most, ordinary application of state law to non-banks could reduce the price that non-bank purchasers might be willing to pay national banks for their loans. [read post]
3 Jan 2012, 3:29 pm
As reported by the The Wall Street Journal and other news sources last week, documents released by the Florida Attorney General's Office provide an insider's glimpse into the Florida state qui tam action against Bank of New York Mellon Corporation (Mellon Bank). [read post]
21 Oct 2019, 9:18 am
She defended the current monetary system and warned of the risks attendant to a central bank digital currency. [read post]
19 Apr 2011, 11:22 pm
Caishui No. 116, 2010 To promote management system reform of Agro-Related Finance Business Division of Agriculture Bank of China, support economic development of municipality area, as approved by the State Council, business tax policies of reform trial spots of Agro-Related Finance Business Division of Agriculture Bank of China are hereby notified as follows: I. [read post]
26 Nov 2012, 9:15 pm
Our pre-argument preview of State Bank of Cherry is here. [read post]
15 Apr 2011, 4:50 am
Denying employee sick leave bank benefits results in charges of unlawful discriminationCheektowaga CSD v Graziadei, 267 AD2d 985, motion for leave to appeal denied, 95 NY2d 756 A sick leave bank was created by the Cheektowaga Central School District as required by the collective bargaining agreement between district and the Teachers’ Association. [read post]
2 Jan 2019, 6:02 am
Eurex had requested that the Bundesbank provide an acknowledgment letter for customer funds that Eurex will deposit, but the Bundesbank, as the central bank of Germany, proposed to execute the letter modified with respect to the operations of a central bank. [read post]
5 Feb 2021, 2:30 am
Creditors can also request to investigate if debtors hold bank accounts in the other Member States. [read post]
15 Oct 2019, 9:18 am
The FSB is submitting an issues note on global stablecoins to the October 2019 G20 Finance Ministers and Central Bank Governors meeting. [read post]
20 Mar 2017, 6:57 am
The Financial Stability Board (FSB) has published a letter that its chairman, Mark Carney, sent to G20 Finance Ministers and Central Bank Governors ahead of their meeting in Baden-Baden on 17-18 March 2017. [read post]
7 Jun 2014, 11:19 am
., the world’s largest asset manager, urged the European Securities and Markets Authority (ESMA) to implement the Central Securities Depository Regulation in a way that limits the scope of individual Member States to deviate from the ESMA standards. [read post]
6 Aug 2020, 7:14 am
Legal and Regulatory Developments SPOTLIGHT: Exclusive: China’s Central Bank Urges Antitrust Probe Into Alipay, WeChat PayReuters – August 6, 2020 China’s top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions to quash competition, sources with knowledge of the matter said. [read post]
14 Sep 2013, 12:05 pm
In a letter to the SEC, the Presidents of the 12 Federal Reserve Banks expressed their support for a floating NAV for money market funds as the best avenue for reform of this vital sector. [read post]
4 Mar 2023, 8:28 am
School District Audits Gorham-Middlesex Central School District – Online Banking Access (Ontario County) District officials did not ensure online banking access was limited to board-authorized users because no one reviewed online banking users’ access and permissions. [read post]
4 Mar 2023, 8:28 am
School District Audits Gorham-Middlesex Central School District – Online Banking Access (Ontario County) District officials did not ensure online banking access was limited to board-authorized users because no one reviewed online banking users’ access and permissions. [read post]
17 Dec 2008, 12:13 pm
Second, he stated that the INS will finish the year with after-tax revenue of $111.7 million, reflecting 15% growth over the last year. [read post]
19 Aug 2011, 1:36 pm
In a joint communiqué, French and German leaders endorsed, in principle, the finance recapitalization of financial institutions and intervention in the secondary markets on the basis of a European Central Bank analysis recognizing the existence of exceptional financial market circumstances and risks to financial stability and on the basis of a decision by mutual agreement of Member States to avoid contagion. [read post]
24 Jul 2023, 11:39 am
On Sunday, the Central Bank of Myanmar made an announcement concerning currency. [read post]
