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17 Mar 2022, 10:34 am
Key Findings Policymakers on both the left and right have brought industrial policy back into focus after slow growth over the past few decades and growing concern over the state of America’s manufacturing sector. [read post]
17 Mar 2022, 8:51 am
On 16 March 2022, HM Treasury laid in Parliament the Final Report of the Ring-fencing and Proprietary Trading Independent Review. [read post]
16 Mar 2022, 10:04 am
She had seen documentation that noted Russian attempts at infiltration of Treasury and the Executive branch. [read post]
14 Mar 2022, 7:47 am
Central Bank Digital Currency (CBDC),[1] which it says has the potential to support efficient and low-cost transactions and foster greater access to the financial system. [read post]
14 Mar 2022, 7:28 am
The Report on Stablecoins was followed by a flurry of activity in Congress, including hearings by the Senate Committee on Banking, Housing, and Urban Affairs and the release of a set of principles by Sen. [read post]
14 Mar 2022, 4:05 am
Treasury Department’s Office of Foreign Assets Control, often referred to as OFAC, which administers and enforces economic and trade sanctions based on U.S foreign policy and national security goals. [read post]
11 Mar 2022, 6:05 am
Department of the Treasury, the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau (CFPB), and many other federal agencies to study the legal and economic implications of creating a U.S. [read post]
10 Mar 2022, 9:10 pm
Central Bank Digital Currency. [read post]
10 Mar 2022, 7:53 am
The actions contemplated by the Order include an assessment of the possible benefits and risks of launching a U.S. central bank digital currency (CBDC). [read post]
10 Mar 2022, 7:12 am
Part of this initiative includes exploring the potential for a US Central Bank digital currency. [read post]
9 Mar 2022, 1:01 pm
In the order, Biden asks the Federal Reserve to determine whether the central bank should create its own cryptocurrency and also directs other federal agencies such as the Treasury Department to study how cryptocurrency affects financial stability and national security. [read post]
9 Mar 2022, 9:03 am
Monetary authorities globally are also exploring, and in some cases introducing, central bank digital currencies (CBDCs). [read post]
8 Mar 2022, 8:30 am
Department of the Treasury’s Office of Foreign Assets Control (OFAC) added Promsvyazbank, among other entities, to the sanctions list. [read post]
8 Mar 2022, 6:18 am
On March 2, 2022, several members of the Senate Banking Committee sent a letter to the US Treasury Department. [read post]
8 Mar 2022, 6:17 am
Department of Treasury and former governor of the Federal Reserve Board, seemed to be more controversial than her fellow nominees given her past statements arguing that the Federal Reserve, and other bank regulators, should take a more active role in promulgating regulations aimed at climate-related financial risks. [2] The Committee was scheduled to vote on February 15, 2022 to move President Biden’s nominees out of committee to the full U.S. [read post]
7 Mar 2022, 8:47 am
Treasury’s Office of the Foreign Asset Control (OFAC) does not involve a court nor does it involve any form of enforcement or execution of a judgment. [read post]
4 Mar 2022, 1:47 pm
-based offices of foreign banks) from extending loans to or purchasing debt from certain major Russian institutions. [read post]
3 Mar 2022, 2:41 pm
Treasury Department’s Office of Foreign Assets Control (“OFAC”). [read post]
3 Mar 2022, 9:49 am
On 2 March 2022, HM Treasury published its response to its earlier consultation regarding amendment to section 48D of the Banking Act 2009. [read post]
3 Mar 2022, 7:46 am
Costs to the Treasury could be minimised through membership subscriptions and obtaining costs orders. [read post]
