All posts tagged "Fed"
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297FeatureCapital Outflows Prompt HKMA Intervention to Defend Currency Peg
The last time the HKMA intervened to defend a weakening HKD was in March 2019. The move is expected to raise borrowing costs.
May 13, 2022 -
567FeatureTerraUSD Collapse Highlights Need for Stablecoin Regulation: Yellen
The world's fourth largest stablecoin lost its peg this week, trading as low as 23 cents to the dollar on Wednesday.
May 12, 2022 -
405Capital RegulationRBI Surprises Market with Interest Rate Hike
The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.
May 6, 2022 -
298United StatesUS Fed Announces Biggest Rate Increase Since 2000
The Federal Reserve has also outlined plans to shrink its USD 9 trillion balance sheet in phases, starting in June.
May 5, 2022 -
1.3KAML / KYCUS Regulators Fine National Bank of Pakistan $55m for AML Violations
National Bank of Pakistan is required to pay penalties, correct deficiencies in its AML compliance, and submit quarterly progress reports on remedial actions taken.
March 1, 2022 -
342Securities & Trading
US Fed Approves New Trading Rules for Senior Officials
The rules aim to support public confidence in the impartiality and integrity of the FOMC's work by guarding against "even the appearance of any conflict of interest".
February 28, 2022 -
903Fintech / Regtech
US Regulators Pledge to Provide Clarity on Crypto Next Year
The Fed, OCC and FDIC plan to provide clarity on whether certain crypto-related activities conducted by banks are "legally permissible".
November 26, 2021 -
431Securities & Trading
US Fed to Bar Officials from Buying Individual Stocks, Bonds
Fed policymakers and senior staff will be limited to purchasing diversified investment vehicles, such as mutual funds.
October 23, 2021 -
390Market Infrastructure
US Regulators Publishes Guidance on ‘Orderly’ LIBOR Transition
A draw on an existing agreement that is legally enforceable, such as a committed credit facility, would not be viewed as a new contract.
October 22, 2021 -
323AML / KYCIndia, US Pledge to Take Stronger Action Against Financial Crime
Indian finance minister Nirmala Sitharaman and US treasury secretary Janet Yellen also pledged to further engage on climate change.
October 20, 2021
