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  • Readout: Secretary Of The Treasury Janet L. Yellen’s Call With Mexican Finance Secretary Rogelio Ramírez de la O

    Date 27/08/2021

    Yesterday, Secretary of the Treasury Janet L. Yellen had her first call with Mexican Finance Secretary Rogelio Ramírez de la O. Secretary Yellen congratulated Ramírez de la O on his appointment and expressed a strong desire to maintain a close relationship. Secretary Yellen reaffirmed Treasury’s commitment to deepen cooperation with Mexico on illicit finance. She welcomed Mexico’s support for critical G20 initiatives, including a global minimum tax, and encouraged economic policy commitments that will combat climate change while accomplishing inclusive growth.

     

  • US Federal Agencies Issue Guide To Help Community Banks Evaluate Fintech Relationships

    Date 27/08/2021

    The federal bank regulatory agencies today released a guide intended to help community banks assess risks when considering relationships with financial technology (fintech) companies.

  • Federal Court Orders Ohio Resident And Multi-Million Dollar Ponzi Scheme Fraudster Permanently Banned From Trading And Registering With The CFTC

    Date 27/08/2021

    The Commodity Futures Trading Commission announced today that Judge Michael R. Barrett, of the U.S. District Court for the Southern District of Ohio entered a Consent Order for Permanent Injunction and Other Equitable Relief against Glen Galemmo finding, among other things, that Galemmo fraudulently solicited individuals to place funds in a commodity pool to trade commodity futures, commodities, stocks and bonds and misappropriated millions of dollars. The order imposes on Galemmo permanent trading and registration bans.


  • finexics.io: BaFin Launches Investigation Into The Company Slinqo Group LTD

    Date 27/08/2021

    In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin informs the public that Slinqo Group LTD, Nicosia, Cyprus, has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin. Based on the content of the company’s website finexics.io, there are grounds which indicate that Slinqo Group LTD conducts banking business and provides financial services in the Federal Republic of Germany without the required authorisation.

  • Joint Statement Of The Multilateral Leaders Taskforce On Scaling COVID-19 Tools: A Crisis Of Vaccine Inequity

    Date 27/08/2021

    At its third meeting, the Multilateral Leaders Taskforce on COVID-19 (MLT)—the heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization—met with the leaders of the African Vaccine Acquisition Trust (AVAT), Africa CDC, Gavi and UNICEF to tackle obstacles to rapidly scale-up vaccines in low- and lower middle-income countries, particularly in Africa, and issued the following statement: