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29 Mar 2017, 4:57 pm by Kevin LaCroix
Bank further alleged that Verizon “took advantage of a distorted capital market to shift billions in debt obligations from itself to Idearc and Idearc’s creditors. [read post]
29 Mar 2017, 10:00 am by John Ottaviani
Capital One Auto Finance obtained Blatt’s authorization over the telephone by having him listen to a recording of detailing the terms of his authorization, and then having him press “1” to agree to automatically debit monthly payments from his bank account. [read post]
29 Mar 2017, 9:14 am by Simon Lovegrove and Jack Prettejohn
Section 1 of the Code deals with banks, building societies, investment firms and banking group companies while section 2 deals with central counterparties. [read post]
29 Mar 2017, 1:37 am by Simon Lovegrove and Jack Prettejohn
In terms of consultation strategy the impact assessment states that the European Banking Authority will deliver a report to the Commission in June 2017 outlining their advice on a new prudential treatment for investment firms. [read post]
29 Mar 2017, 1:35 am by Jack Prettejohn and Hannah Meakin
The exploratory scenario is not focused on bank capital adequacy but rather how banks would meet regulatory requirements and build sustainable business models in such an environment. [read post]
29 Mar 2017, 1:33 am by Simon Lovegrove
The Bank of England (BoE) has published a statement from the Financial Policy Committee (FPC) relating to its meeting on 22 March 2017. [read post]
28 Mar 2017, 7:00 am by Alexander J. Davie
If you want to attract capital from the right investors, you must put in place the right team and structure for your new fund. [read post]
27 Mar 2017, 2:13 pm by Gillian Smith
In November 2016, the European Banking Authority (“EBA“) published a discussion paper on a new prudential framework, with the aim of submitting an opinion and report to the European Commission by June 30, 2017. [read post]
27 Mar 2017, 2:07 pm by William Cavanagh
The report describes joint actions planned or taken by the federal financial institutions regulators, including simplifying regulatory capital rules for community banks and savings associations, streamlining reports of condition and income, increasing the appraisal threshold for commercial real estate loans and expanding the number of institutions eligible for less frequent examination cycles. [read post]
Specific areas where OCC should tailor fintech risk metrics, according to the FIN letter, include: risk-based capital; risk analysis of products and services, which tend to be more narrow at fintechs than traditional banks; data security, to which FIN says fintech firms are especially attuned; and financial inclusion. [read post]
25 Mar 2017, 9:49 am by Ed. Microjuris.com Puerto Rico
Además, deberá poseer por lo menos $300,000.00 en activos libres de gravámenes, físicamente localizados en Puerto Rico, y contar con un capital autorizado o propuesto, según sea el caso, mínimo de $5,000,000.00, del cual por lo menos $250,000.00 deberán estar totalmente pagados al momento en que se expida la Licencia. [read post]
24 Mar 2017, 12:23 pm by Hedge Fund Lawyer
Cannabis Investment Management Conference – continuing on our earlier discussion of the rise of investment opportunities in the cannabis space, MedMen and IMN are putting on The Institutional Capital & Cannabis Conference next week in San Jose. [read post]
24 Mar 2017, 7:24 am by John Elwood
Bank National Association v. [read post]
24 Mar 2017, 7:00 am by Jenny Gesley
In addition, a European Social Fund to improve the possibilities of employment for workers and a European Investment Bank to provide investment funding were established. [read post]
24 Mar 2017, 6:46 am
Posted by Michael Held, Federal Reserve Bank of New York, on Thursday, March 23, 2017 Tags: Accountability, Banks, Compliance & ethics, Corporate culture, Disclosure, Financial institutions, Financial regulation, Inside counsel, Oversight, Whistleblowers The “Corporate Governance Misalignment” Problem Posted by David J. [read post]
23 Mar 2017, 4:38 pm by Kevin LaCroix
National Australia Bank, the company or companies are subject to the U.S. securities laws. [read post]
23 Mar 2017, 1:59 pm
All of this was nicely framed within  the general principles developed at the height of that epoch, now sometimes called the Great Recession,  when the lust of western states for investment inflows into their capital markets exceeded their fear of rapidly developing and cash flush states now seeking to project their financial power into the capital markets abroad. [read post]