News Centre

DIFC Announces Proposed Amendments To Real Property Law For Consultation

Date 02/03/2022

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has issued a consultation paper proposing to amend the Real Property Law, DIFC Law No. 10 of 2018. The Proposed amendments will facilitate the administration and enforcement of the DIFC Real Property Law and enhance the regulatory framework within DIFC, in line with current common law practice.

Borsa Istanbul: Uptick Rule Will Be Applied In The Session Dated 2 March 2022 In The Equity Market

Date 02/03/2022

It has been decided that the up-tick rule in short selling transactions to be valid for one day during the session dated 2 March 2022. 

Readout: US Secretary Of The Treasury Janet L. Yellen And Deputy Secretary Of The Treasury Wally Adeyemo’s Meeting With German Vice Chancellor And Minister Of Economic Affairs And Climate Action Robert Habeck

Date 01/03/2022

Earlier today, U.S. Secretary of the Treasury Janet L. Yellen and Deputy Secretary of the Treasury Wally Adeyemo met with German Vice Chancellor and Minister of Economic Affairs and Climate Action Robert Habeck.  Secretary Yellen affirmed the United States’ support for Ukraine’s sovereignty and our commitment, together with our partners, to holding Russia accountable.  The Secretary thanked Vice Chancellor Habeck for Germany’s close sanctions coordination, including actions related to Nord Stream 2.  Secretary Yellen also emphasized U.S. support for German and European energy security and welcomed Germany’s efforts to diversify and decarbonize its energy supply.

Joint IMF-World Bank Group Statement On The War In Ukraine

Date 01/03/2022

International Monetary Fund (IMF) Managing Director Kristalina Georgieva and World Bank Group President David Malpass today issued the following statement on the war in Ukraine.

IIROC’s Fraud Prevention Month Campaign Encourages Canadian Investors To Be Wary Of Scams

Date 01/03/2022

For Fraud Prevention Month this March, the Investment Industry Regulatory Organization of Canada (IIROC) has launched a digital campaign that encourages Canadians to be wary of scams before making investment decisions.

Statement From US Secretary Of The Treasury Janet L. Yellen On G7 Finance Ministers And Central Bank Governors Meeting

Date 01/03/2022

Secretary of the Treasury Janet L. Yellen released the following statement today following her participation in a meeting of G7 finance ministers and central bank governors on the current situation in Ukraine and actions taken in response to the Russian invasion of Ukraine.

Coinbase To Participate In The Wolfe FinTech Forum Conference

Date 01/03/2022

Coinbase Global, Inc. announced today that Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Wolfe FinTech Forum on Tuesday, March 8, 2022 at 11:20 a.m. PT / 2:20 p.m. ET.

Treasury Publishes National Risk Assessments For Money Laundering, Terrorist Financing, And Proliferation Financing - Reports Identify Key Illicit Finance Concerns To The United States; Enable The Public And Private Sectors To More Effectively Manage And Combat Illicit Finance Risks

Date 01/03/2022

The U.S. Department of the Treasury today issued the 2022 National Risk Assessments (NRAs) on Money Laundering (NMLRA), Terrorist Financing (NTFRA) and Proliferation Financing (NPFRA).  These documents highlight the most significant illicit finance threats, vulnerabilities, and risks facing the United States.  The United States is vulnerable to all three forms of illicit finance because of the size and sophistication of the U.S. financial system and centrality of the U.S. dollar in the payment infrastructure of global trade. 

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With European Commission Executive Vice President For Economy Valdis Dombrovskis

Date 01/03/2022

Today, Secretary of the Treasury Janet L. Yellen spoke with European Commission Executive Vice President for Economy Valdis Dombrovskis. Secretary Yellen affirmed the United States’ support for Ukraine’s sovereignty, working together with our partners to hold Russia accountable.  The Secretary expressed appreciation for the close coordination with the European Commission, which has helped to usher in unprecedented sanctions on Russia imposed by partners and allies around the world in recent days, and stressed the need for cooperation on further strong measures.

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Office Of The Comptroller Of The Currency Releases CRA Evaluations For 11 National Banks And Federal Savings Associations

Date 01/03/2022

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2022 through February 28, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.