Singapore Minister of State Alvin Tan, representing Deputy Prime Minister and Minister-in-charge of the Monetary Authority of Singapore (MAS), Lawrence Wong, has introduced the Financial Institutions (Miscellaneous Amendments) Bill 2024 (FIMA Bill) for its First Reading in Parliament. The FIMA Bill...
The Financial Markets (Conduct of Institutions) Amendment Act 2022 introduces a new regime for the conduct of registered banks, licensed insurers and licensed non-bank deposit takers, with an overarching principle for these financial institutions to treat consumers fairly. Once the new regime ...
BanksOther Financial InstitutionsLicenceCBNNigeriaIn July 2020, the Senate of the Federal Republic of Nigeria for the first time since 29 years passed a Bill to repeal the Banks and Other Financial InstitutionsSocial Science Electronic Publishing...
Since South Sudan's President assented the Financial Act, 2023/2024 (the Act) into law on 14 August 2023, numerous amendments have been implemented. This Alert summarizes the key amendments contained in the Act, which took effect on 14 August 2023.
This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. ...
Financial Institutions Merger Act under AmendmentJames C. C. Huang理律法律事務所理律法律雜誌(英文)
To dispose of the illicit proceeds, the launderer may make use of financial or nonfinancial mechanisms—that is, institutions that (knowingly or otherwise) participate in the laundering process. The most frequently used method is to work through banking institutions, mainly in the first stage of ...
…it appears to me the Act violates the Fourth Amendment, which states in part, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated…” Let’s close with a story in the Wall Street ...
In the light of the PRA's statement, the FCA has updated the webpage on its policy statement on implementing CRD V (PS20/16) to state that it also intends to consult at the next suitable opportunity to make a corresponding amendment to the dual-regulated firms Remuneration Code. Transformin...
Annual General Meeting (AGM) and Amendment to Bye-laws At the end of these Financial Statements, you will find a notice regarding our upcoming AGM, to be held on 2 August 2024 in Bermuda. Within the notice you will find several resolutions that are presented annually. Additionally, you will...