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26 Nov 2018, 12:43 pm by Aaron Lancaster
A decision by the Court would resolve a split among Illinois lower courts and would set the standard for who can bring lawsuits under BIPA going forward. [read post]
26 Nov 2018, 10:47 am by Ronald Mann
To me, this case turns entirely on what you think of Janus and Central Bank. [read post]
26 Nov 2018, 7:15 am by Daniel Hemel
The narrow holding of McCulloch — that a state cannot impose a tax on the notes of the Bank of the United States while exempting notes issued by state-chartered banks — is clear enough. [read post]
26 Nov 2018, 6:17 am by Joe Bamford (UK)
On 23 November 2018, the Basel Committee on Banking Supervision (Committee) published a report summarising the steps taken by its members to adopt the Basel III standards, banks’ progress in bolstering their capital and liquidity positions, the consistency of implementation in jurisdictions since the Committee’s last report and the Committee’s implementation work plan. [read post]
25 Nov 2018, 9:01 pm by Tamar Frankel
The court concluded that it had subject matter jurisdiction to enforce the Secretary’s preliminary order and, further, the plaintiffs are entitled to this relief regardless of whether they have also met the standard for awarding injunctive relief. [read post]
25 Nov 2018, 4:29 pm by INFORRM
IPSO Rulings Four rulings and five resolution statements have been published by IPSO’s Complaints Committee this week: IPSO has found the Thurrock Independent breached the Code on privacy ground by publishing a woman’s bank details alongside a fly-tipping video, the Press Gazette reports. [read post]
Trivett also argued the business records the government intended to use as evidence were self-authenticating and there was therefore no need to dig further into how they were produced and certified by banks and other entities in the UAE. [read post]
23 Nov 2018, 6:07 am
House of Representatives, on Saturday, November 17, 2018 Tags: Banks, Capital formation, Community Reinvestment Act, Credit supply, Financial institutions, Financial regulation, OCC, Small firms, US House Drafting Considerations from the MAC Decision Posted by Gail Weinstein, Steven Epstein, Matthew V. [read post]
23 Nov 2018, 5:58 am by Simon Lovegrove (UK)
The draft statutory instrument maintains this exemption in the UK for all UCITS, including EEA UCITS; the functions of ESMA and EIOPA are transferred to the FCA and the functions of the European Commission are transferred to HM Treasury; and responsibility for binding technical standards is transferred to the FCA [read post]
22 Nov 2018, 9:30 pm by Bobby Chen
Environmental Protection Agency (EPA) for rejecting Obama-era fuel economy standards. [read post]
20 Nov 2018, 1:06 pm by Richard J. Andreano, Jr.
With both proposed exemptions, banks still would need to obtain an appropriate evaluation of the real property collateral that is consistent with safe and sound banking practices. [read post]
On 19 November 2018, the International Organisation of Securities Commissions (IOSCO), jointly with other international standard setting bodies, published a final report on incentives to centrally clear over-the-counter (OTC) derivatives. [read post]
However, the number of jurisdictions having implemented the final standardised approach for counterparty credit risk and capital requirements for bank exposures to CCPs, due to have been implemented in January 2017, is much lower; platform trading: some progress has been made by FSB member jurisdictions in implementing the platform trading commitment. [read post]
20 Nov 2018, 6:38 am by Manny Marotta
“The Agencies are today announcing agreement on a joint regulatory framework,” sais the release, “wherein FDA oversees cell collection, cell banks, and cell growth and differentiation. [read post]
19 Nov 2018, 12:17 pm by Ilya Somin
Hamilton Bank, a 1985 decision that makes it virtually impossible to bring many types of takings cases in federal court. [read post]
19 Nov 2018, 12:17 pm by Ilya Somin
Hamilton Bank, a 1985 decision that makes it virtually impossible to bring many types of takings cases in federal court. [read post]
The European Banking Authority (EBA) is mandated in Articles 181(3)(a) and 182(4)(a) to develop draft regulatory technical standards (RTS) specifying the nature, severity and duration of an economic downturn to be taken into account when estimating the LGD and CF. [read post]