Will look into rules - thks for the pointer - might be as simple as making sure all transactions imported from the credit card show as withdrawals instead of deposits Author SplinterHead commented Feb 1, 2024 @elChapoSing charges on Credit Cards should show as negative by default, they're...
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The FASB's new standard on accounting for credit losses on financial instruments will affect US banks' reserving practices, saysFitch Ratings. However, it will be manageable as banks have adequate time to prepare for implementation. The new standard will require institutions to estimate credit losses...
Your card issuer sets the credit limit on your card based largely on your credit application as well as any card or issuer-specific rules for the card. When you apply, the issuer assesses the stated annual income on your card application and weighs what sort of credit limit it can support...
At this point, just about all card issuers have tight rules on card applications and approvals: Chase has their5/24 rule, and theyrecently limitedhaving multiple Sapphire cards. With Barclays it’s always been hard to get many cards, andthey’ve now severely limited Ar...
January 1, 2024 With the approval of the China Council for the Promotion of International Trade (“CCPIT”), On September 5, 2023, China International Economic and Trade Arbitration Commission (“CIETAC”) officially released theNew Edition of the Arbitration Rules of CIETAC (2024)(the “2024 ...
WASHINGTON (AP) – The Federal Reserve on Tuesday issued sweeping new rules to better protect Americans from sudden hikes in interest rates on credit cards.The new rules, which take effect on Feb. 22, generally bar rate increases during the first year after an account is opened. After the ...
On 5 September 2023, China International Economic and Trade Arbitration Commission (CIETAC) promulgated its new Arbitration Rules (the“2024 CIETAC Rules”), effective as of 1 January 2024. CIETAC becomes the first institution to amend its institutional rules after the publication of the exposure dra...
The Financial Crimes Enforcement Network (“FinCEN”), a bureau of the United States Department of the Treasury, published a Notice of Proposed Rulemaking (the “Proposed Rules”) on December 8, 2021 in the Federal Register. The Proposed Rules would implement the requirements... ...
As the UK prepares for a general election this year, voters will be entering an electoral landscape in which the rules of the game have changed. The Conservative government has raised thresholds for party spending, required voters to have a photo ID to cast their ballots and presided over the...