Treasury slashes Sh10 billion from KQ bailout
The National Treasury has slashed Sh10 billion in support to Kenya Airways (KQ).
Source: businessdailyafrica.com
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The Bar Has Been Lowered – Congress Further Relaxes Hiring Restrictions For Banking Personnel With Criminal Histories - Employee Rights/ Labour Relations
On December 23, 2022, President Biden signed into law H.R. 7776, the "James M. Inhofe National Defense Authorization Act for Fiscal Year 2023" (the "NDAA 2023").
National Credit Union Administration Deposit Insurance Corporation National Defense Authorization Jamesm Inhofe National Credit Union Defense Authorization Act
Source: mondaq.com
Bank Of Japan's Nominees For The New Chief Will Likely Continue To Send Market Jitters, Disney Is Expected To Report Revenue Growth
Summary:  This week, markets will be digesting the slew of central bank meetings from last week, along with the bumper jobs report, as more Fed speake
Source: fxmag.com
The Bar Has Been Lifted – Congress Further Relaxes Hiring Restrictions for Banking Personnel with Criminal Histories | Littler
On December 23, 2022, President Biden signed into law H.R. 7776, the “James M. Inhofe National Defense Authorization Act for Fiscal Year 2023” (the “NDAA 2023”). What many may not yet...
National Credit Union Administration National Defense Authorization Deposit Insurance Corporation Credit Union Defense Authorization Act Federal Deposit Insurance Act
Source: jdsupra.com
Federal Reserve Narrows the Crypto Activities of Member Banks | Latham & Watkins LLP
Custodia Bank was denied Federal Reserve membership, while certain crypto principal activities are deemed presumptively not appropriate for member banks. On January 27,...
United States Deposit Insurance Corporation Deposit Insurance Fund Latham Watkins Custodia Bank Inc Custodia Bank
Source: jdsupra.com
RBZ measures not enough, experts say - The Standard
RBZ governor John Mangudya announced that forex retention thresholds for business had been raised to 75% from 60% on export earnings
Tony Hawkins John Mangudya Matlhogonolo Valela Clements Machadu International Monetary Fund Delta Corporation
Source: thestandard.co.zw
FRB Releases Statements on Member Banks and Crypto
The Federal Reserve Board issued two seemingly related press releases late last week. The first announced the denial of the Federal Reserve membership application by Custodia Bank, a Wyoming special purpose depository institution.
State Of Wyoming United States Federal Reserve Bank Deposit Insurance Corporation Custodia Bank Litigation Seecustodia Bank
Source: natlawreview.com
UK Cryptoassets: HMT consultation and call for evidence on a future financial services regulatory regime | Hogan Lovells
On 1 February 2023, HM Treasury published a long-awaited consultation paper and call for evidence setting out proposals for the UK’s financial services regulatory regime for...
Source: jdsupra.com
Roads, health, education face deeper budget checks
Treasury seeks ways to reduce wastage with special appraisals of mega projects.
Policy Statement Budget Cuts President William Ruto Central Bank Of Kenya Budget Policy Statement Uhuru Kenyatta
Source: nation.africa
Federal Reserve Issues Policy Statement Further Restricting Crypto-Asset Activities And Addressing Uninsured State Member Banks - Fin Tech
On January 27, 2023, the Board of Governors of the Federal Reserve System ("Federal Reserve") issued a policy statement regarding the permissible activities of state-chartered banks that are members of the Federal Reserve System ("Crypto Policy").
United States Jon Hill Federal Reserve Bank Deposit Insurance Corporation Custodia Bank Inc See Press
Source: mondaq.com