Published 22 November 2023 Last updated 24 November 2023 + show all updates 24 November 2023 Implementation date changed from April 2024 to January 2024 and the level of the minimum income floor in financial terms removed from Table 5. 1 and Policy Costings document. 22 November 2023 First published.
Read MorePRESS RELEASE | NOVEMBER 24, 2023 FDIC Makes Public October Enforcement ActionsNo Administrative Hearings Scheduled For December 2023 WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and indivi...
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Read MoreCar manufacturing giant Nissan to manufacture two new electric vehicle models and expand North East electric vehicle hub in Sunderland. Deal is expected to support thousands of jobs and delivers on PM’s priority to grow the economy. Comes as PM hosts Global Investment Summit next week which is expected to deliver billions more investment into the UK. Nissan is delivering up to £2 billion of new investment to produce two new electric vehicle models in Sunderland - helping to put m...
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Read MoreThe Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank Limited relating to fraudulent social media pages, websites and an internet banking login screen, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website. The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactio...
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Read MoreThe Hong Kong Monetary Authority (HKMA), together with the Hong Kong Association of Banks (HKAB) and the banking sector, support the launch of the Anti-Deception Alliance (ADA) by the Hong Kong Police Force (HKPF) today (24 November) which will strengthen the capability of the anti-money laundering eco-system to detect, disrupt and deter scams. ADA is the latest achievement in a long history of close public-private collaboration among the HKMA, the HKPF and the banking industry to prot...
Read MoreMonetary policy in times of stubborn inflation Isabel Schnabel Member of the Executive Board of the European Central Bank Anniversary Dinner Porto Business School, 23 November 2023 www. ecb. europa. eu © Economic growth and inflation in the euro area since the start of the pandemic Rubric Real GDP (index: Q4 2019 = 100) September 23 ECB staff projections Realised GDP March 2020 ECB staff projections 103 110 105 100 95 90 85 Inflation (annual percentage changes, quarterly ...
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