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Private Sector Financial Institutions

American Conference Institute (ACI)

[Webinar] Top 5 Game-Changing Regulatory Shifts Impacting Financial Compliance and Board Accountability - September 24th, 1:00 pm...

Don’t miss this complimentary webinar spotlighting the five most pressing regulatory developments reshaping compliance in Canada’s financial sector. From board-level liability, to shifting enforcement priorities, get up to...more

Hogan Lovells

World Bank investigations spike and highlight integrity risks in private sector development finance

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Ignoring integrity risks in emerging markets when receiving financing from the World Bank Group (WBG) is about to become much riskier, as the WBG Sanctions System Annual Report for Fiscal Year 2022 (FY22) indicates. The...more

WilmerHale

Biden to Federal Government: Assess Financial Risk of Climate Change

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On May 20, President Biden issued his Executive Order on Climate-Related Financial Risk (“Order”) which requires federal agencies to assess the potential impacts of climate change on public and private financial institutions...more

White & Case LLP

The G20 Debt Service Suspension Initiative – Reaction from Key Market Participants

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In response to the COVID-19 "call to action" from the World Bank and the IMF, the G20 announced a debt service suspension initiative (the "DSSI") on 15 April, supporting an NPV-neutral, time-bound suspension of principal and...more

BCLP

Myanmar Postcard

BCLP on

Welcome to the latest edition of our Myanmar update for 2019. We have distilled the top news items into this summary 'speed read'. Further liberalisation of the Myanmar banking and financial services sector - The...more

A&O Shearman

US-UK Financial Innovation Partnership Announced

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The U.S.-U.K. Financial Regulatory Working Group has announced the establishment of a Financial Innovation Partnership between the U.S. and the U.K. The objective of the Partnership is to strengthen bilateral engagement on...more

A&O Shearman

Financial Stability Board Consults on Impact of the Too-Big-To-Fail Reforms

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The Financial Stability Board has begun its evaluation of the post-2008 financial crisis reforms on banks that were deemed "too big to fail", publishing the summary terms of reference. The evaluation will consider whether the...more

Bracewell LLP

A Victim Of Its Own Success? Jordan Re-evaluates Its Power Generation Strategy

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Jordan’s approach to the development of renewable energy generation infrastructure has long been regarded as a template for other governments in the region. Through leveraging its favourable geography and climate for wind and...more

Eversheds Sutherland (US) LLP

FinCEN, federal banking regulators push for private sector innovation in BSA/AML compliance

On December 3, 2018, the US Department of the Treasury’s Office of Terrorism and Financial Intelligence, the federal depository institutions regulators and the Financial Crimes Enforcement Network (FinCEN) (together, the...more

Ballard Spahr LLP

Recent FATF Report Provides New Guidance for Identifying Money Laundering Related to Human Trafficking

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According to the Financial Flow from Human Trafficking report recently published by the Financial Action Task Force (“FATF”) and the Asia/Pacific Group on Money Laundering, human trafficking is estimated to generate $150.2...more

Proskauer Rose LLP

UK Tax Round Up - June 2018

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Streaming of losses on trade succession (Leekes v. HMRC) - This case involved a taxpayer who purchased a business (the "predecessor business") and combined it with their existing business (creating the "enlarged...more

Jones Day

Australian Government Releases Draft of Private Sector Whistleblower Protection Law

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The Situation: Currently, limited protections exist in Australia for private sector whistleblowers against victimization and detrimental treatment. The Development: The Australian government has released draft law that...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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We now know what all of that law-enforcement activity around Caterpillar HQ in past weeks. A government report out this week reveals that investigators are targeting CAT for tax and accounting fraud, though no charges have...more

King & Spalding

Implementing Islamic Financing for Renewable Energy Projects

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The Middle East and North Africa (MENA) region has recently seen a surge of interest in developing renewable energy, in particular solar energy projects. Led by Morocco and Jordan which have successfully implemented numerous...more

Goodwin

CFTC Commissioner advocates minimal regulation of blockchain technology, letting private sector lead

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On March 29, 2016, J. Christopher Giancarlo, the Commissioner of the U.S. Commodity Futures Trading Commission, or CFTC, spoke at the Depository Trust and Clearing Corporation 2016 Blockchain Symposium. His speech encouraged...more

Baker Donelson

You Want to Export to Cuba? Get Ready, But You Probably Can’t Quite Yet.

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New rules came out on September 21, 2015 from both the Commerce and Treasury Departments. Although for the most part these changes only slightly broaden or clarify pre-existing exceptions to the embargo against Cuba, they...more

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