Tag: Regs

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Exclusive: China to name finance veteran Zhu as new forex chief, sources say

Exclusive: China to name finance veteran Zhu as new forex chief, sources say

The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. REUTERS/Jason Lee/File Photo Acquire [...]
Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington

Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington

The top executives from some of the world’s largest tech and web companies have concluded a closed-door meeting with U.S. lawmakers in Washington D.C. [...]
China to cut banks’ FX reserve ratio to rein in yuan weakness

China to cut banks’ FX reserve ratio to rein in yuan weakness

The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo Acqui [...]
London court revives $3.5 bln mass forex lawsuit against banks

London court revives $3.5 bln mass forex lawsuit against banks

LONDON, July 25 (Reuters) - A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan (JPM.N) and Citigroup (C.N [...]
India probes education platform Byju’s over alleged forex law violations

India probes education platform Byju’s over alleged forex law violations

April 29 (Reuters) - India's financial crime-fighting agency said on Saturday it had raided three premises linked to education platform Byju's and its [...]
EU top court adviser backs FX borrowers, Polish bank stocks fall

EU top court adviser backs FX borrowers, Polish bank stocks fall

Analysts say opinion is positive for borrowers with FX mortgagesBanks warn if EU top court follows advice it will cost billions Banking stocks fall af [...]
Turkish watchdog cuts banks’ forex to capital ratio limit

Turkish watchdog cuts banks’ forex to capital ratio limit

ISTANBUL, Dec 10 (Reuters) - Turkey's BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum [...]
Turkey halts lending to more FX-rich firms to boost lira

Turkey halts lending to more FX-rich firms to boost lira

ISTANBUL, Oct 21 (Reuters) - Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up [...]
Column: G7 could give FX more attention

Column: G7 could give FX more attention

G7 trade and Economy Ministers line up for a family photo in front of Neuhardenberg Castle, Germany, September 15, 2022. REUTERS/Annegret HilseRegiste [...]
FOREX Euro plunges to 20-year low after Russian gas halt

FOREX Euro plunges to 20-year low after Russian gas halt

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited acces [...]
Russia’s Tinkoff introduces 3% commission on incoming SWIFT FX transfers

Russia’s Tinkoff introduces 3% commission on incoming SWIFT FX transfers

The logo of Tinkoff Bank in Saint Petersburg, Russia, June 2, 2021. REUTERS/Evgenia Novozhenina/Register now for FREE unlimited access to Reuters.comR [...]
Aussie consumer group calls for better crypto regs due to ‘lagging laws’

Aussie consumer group calls for better crypto regs due to ‘lagging laws’

Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while submitting a pr [...]
SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

Commissioner Hester Peirce — also known as the Securities and Exchange Commission’s (SECs) “crypto mom” — has backed a regulatory framework for stable [...]
Russia’s Sberbank says sanctions limiting some forex transfers in Russia and abroad

Russia’s Sberbank says sanctions limiting some forex transfers in Russia and abroad

The logo of the Russian Sberbank Europe AG bank is seen on their headquarters in Vienna, Austria, February 28, 2022. REUTERS/Leonhard FoegerRegister [...]
No restrictions on paying debts to non-residents in FX, says Russian c.bank

No restrictions on paying debts to non-residents in FX, says Russian c.bank

Russian Rouble coins are seen in front of displayed U.S. Dollar banknote in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustratio [...]
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