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14 Aug 2020, 3:00 am by Jim Sedor
Analysts say the structure centralizes power around Postmaster General Louis DeJoy, a major donor to Trump’s campaigns, and de-emphasizes institutional knowledge. [read post]
11 Aug 2020, 9:55 pm by Kevin Kaufman
Key Findings The fiscal responses to the COVID-19 pandemic will require policymakers to consider what revenue resources should be used to fill budget gaps. [read post]
7 Aug 2020, 7:47 pm
  It comes almost a year after the release of the first Draft--which generated substantial support among those inclined to embrace its normative or strategic objectives, and substantial criticism among everyone else. [read post]
7 Aug 2020, 3:00 am by Jim Sedor
Katherine Clark first came to Congress in 2013, someone manning the House chamber tried to stop her from setting foot inside. [read post]
5 Aug 2020, 3:58 am by Arlo Kipfer
Is it OK to route customer payments to your Hong Kong or Singapore company, or pay your vendor’s Hong Kong or Singapore bank account? [read post]
31 Jul 2020, 11:03 am by Daniel Nathan
With respect to cryptocurrency, the Letter states that national banks may provide fiduciary and non-fiduciary custody services. [read post]
31 Jul 2020, 3:00 am by Jim Sedor
Christie is hardly the first former governor to land on K Street. [read post]
30 Jul 2020, 10:00 pm by Shannon O'Hare
Such entities are required to obtain a licence from the European Central Bank (via the FFSA) where their business activity is: to acquire deposits and other re-payable funds from the public; and to grant credit or other finance on its own account. [read post]
30 Jul 2020, 2:12 pm by Jonathan A. Forman and Eulonda Skyles
Ever since the New York State Department of Financial Services (DFS) instituted its first-in-the-nation Cybersecurity Regulation[1] in 2017 (covered in our post here), banks, insurance companies, and others in the financial services industry wondered what would trigger an enforcement action under its broad purview. [read post]
30 Jul 2020, 7:14 am by Kristian Soltes
Many of these initiatives are moving forward during the COVID-19 pandemic, with Banco Central do Brasil — the nation’s central bank — announcing a four-stage rollout of open banking standards set to take place in 2020 and 2021. [read post]
28 Jul 2020, 6:01 am by Henry Farrell, Abraham L. Newman
In many areas, private-sector information networks centralized around a few key nodes. [read post]
27 Jul 2020, 8:04 am by China Law Blog
Overal planning and control exercised by the central government. [read post]
27 Jul 2020, 8:04 am by China Law Blog
Overal planning and control exercised by the central government. [read post]
25 Jul 2020, 12:06 am by Supreme People's Court Monitor
  It is linked to a May, 2020 document of the Central Committee and State Council on improving the market economy in the New Era. [read post]
24 Jul 2020, 6:23 am by John Jascob
Key components included:Prudential bank regulation, including capital, liquidity, and leverage standards, as well as enhanced prudential standards for megabanks;Creation of the Consumer Financial Protection Bureau (CFPB);Creation of the Financial Stability Oversight Council (FSOC) to address systemic risk and the shadow banking system;The "Volcker Rule," which restricted proprietary trading by banks;Reforms to securities markets to increase investor protection,… [read post]
23 Jul 2020, 10:00 am by Kirsten Williams
Additionally, it alleges that Australia’s response to climate change will impact how the country “is viewed by central banks, pension funds, investors, credit rating agencies, and others. [read post]