All posts tagged "Janet Yellen"
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154FeatureG7 Finance Ministers Agree on 15pc Global Minimum Tax Rate
The global minimum tax will end the race-to-the-bottom in corporate taxation and ensure fairness for the middle class and working people, Janet Yellen said.
June 7, 2021 -
96Market InfrastructureBiden Directs US Federal Agencies to Take Action on Climate
Under an executive order, a comprehensive government-wide strategy on climate-related financial risk shall be developed within 120 days.
May 25, 2021 -
174Europe
G7 Close to Deal on Global Minimum Corporate Tax Rate
A US Treasury's proposal to accept a global minimum corporate tax rate of 15% has reportedly been met with enthusiasm in Europe.
May 25, 2021 -
265AML / KYCUS Lawmakers Call for ‘War-like Footing’ Against Corruption
In a letter to Janet Yellen, two lawmakers have called for AML obligations to be expanded to hedge funds, private equity, and other professional enablers.
May 6, 2021 -
3.0KAML / KYCUK Establishes New Global Anti-Corruption Sanctions Regime
The UK has made its first 22 designations under the new regime, including individuals in Russia, South Africa, Honduras, Nicaragua, Guatemala and South Sudan.
April 28, 2021 -
234Australia & NZAustralia: Tax Reforms Proposed to Support Financial Hub Ambitions
Under Senator Andrew Bragg's proposal, technology and finance business that relocate to Australia would pay concessional tax rate for seven years.
April 28, 2021 -
183Market Infrastructure
US Treasury Unveils Coordinated Climate Policy Strategy
The Treasury Department has created a new Climate Hub and appointed a Climate Counsellor to coordinate and lead efforts to address climate change.
April 21, 2021 -
298InternationalG20 to Seek Consensus on Global Minimum Corporate Tax Rate
Janet Yellen is calling for a global minimum corporate tax rate. France, Germany, Japan and the European Commission are backing the proposal.
April 8, 2021 -
2.0KEnforcementUS SEC Opens Preliminary Investigation into Archegos Collapse
Credit Suisse expects a $4.7bn loss from the collapse of Archegos. The bank has suspended share buybacks, cut its dividend, and announced the departure of seven key executives.
April 7, 2021 -
172InternationalGroup of Seven Agrees to ‘Sizeable’ Increase in IMF Reserves
The G7 has also agreed to work with the IMF to enhance transparency and accountability around the usage of SDRs.
March 25, 2021
