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FRB Issues Policy Statement on Permissible Activities of State Member Banks While Denying Uninsured Crypto-focused Bank's Membership Application | Cadwalader, Wickersham & Taft LLP

The Federal Reserve Board (“FRB” or “Board”) issued two seemingly related press releases late last week. The first announced the denial of the Federal Reserve membership application by...
State Of Wyoming United States Federal Reserve Bank Deposit Insurance Corporation Custodia Bank Litigation Wickersham Taft

Zimbabwean Central Bank admits collapse of local currency

The Reserve Bank of Zimbabwe (RBZ) has said about 70% of domestic expenditure is in US dollars. This was announced by RBZ Governor John Mangudya in the 2023 Monetary Policy Statement seen by Pindula News. Mangudya also said as of December 31, 2022, the Foreign Currency Accounts (FCA) deposits in the banking system accounted for…
John Mangudya Confederation Of Zimbabwe Industry Reserve Bank Policy Statement Foreign Currency Accounts Zimbabwe Industry

MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:50:00

Floyd make a powerful policy statement and send that policy statement to the thousands of police departments and the hundreds of thousands of police officers across the nation. in terms of what the standards ought to be when it comes to policing. theres a role for mayors and police chiefs and city councils and local community activists, those that hire police chiefs, hire police officers and set the policy to play as well. we think that congress, we think the president and the justice department...
Police Officers Police Departments Policy Statement George Floyd Hundreds Of Thousands Joe Biden

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PRIIP Rules Change by UK Financial Conduct Authority

The transitional period for the implementation of new scope rules and amendments to regulatory technical standards for Packaged Retail and Insurance based Investment Products ended 31 December 2022, meaning new rules from Policy Statement PS22 2 by the FCA are now in force.
Financial Conduct Authority Packaged Retail Insurance Based Investment Products Policy Statement Key Investor Document Key Investor Information Document

Hong Kong FinTech Regulation Updates

During Hong Kong FinTech Week, Hong Kong government announced renewed ambition to make Hong Kong a digital assets hub with the Financial Services and the Treasury Bureau releasing policy statement on government’s vision and approach towards the development of virtual assets.
Hong Kong Hong Kong Fintech Central Bank Digital Currency International Settlements Innovation Hub Hong Kong Centre Treasury Bureau Exchange Traded Funds Etfs

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