UK withdrawal from the EU: Changes before the end of the transition period

Overview The UK’s membership of the European Union (EU) came to an end on Friday 31 January 2020 following the ratification by the UK and the EU of the Withdrawal Agreement . Under the terms of the Withdrawal Agreement, the UK entered into a transition period during which EU law continues to apply to the UK . The transition period is due to last until 11pm on Thursday 31 December 2020, which is defined in UK law as ‘IP completion day’ . The UK’s withdrawal from the EU requires changes ...

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Exercise by the Bank of England and Prudential Regulation Authority of sub-delegated powers under the European Union (Withdrawal) Act 2018

Our use of cookies We use necessary cookies to make our site work (for example, to manage your session) . We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site . By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies . Necessary cookies Analytics cookies Yes Yes Accept recommended cookies ...

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News story: House sales rise following introduction of stamp duty holiday supporting nearly 750,000 jobs

rise in sales supports nearly three quarters of a million jobs in the sector – with new homeowners also spending extra cash on decorating, furniture and appliances construction sector reports 30% boost in output in July House sales rose 15 . 6% in August following the introduction of the stamp duty holiday – helping to protect nearly three quarters of a million jobs in the housing sector and wider supply chain, new figures revealed today . After a 14 . 5% rise in July, residential propert...

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Issue of Confederation bonds on 14th October 2020

Issue of Confederation bonds on 14th October 2020 Federal Finance Administration Bern, 22 . 09 . 2020 - Optional auction date will be maintained . The Federal Finance Administration will maintain the optional issue date on 14th October 2020 . On 13th October it will ...

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Federally Chartered Banks and Thrifts May Engage in Certain Stablecoin Activities

News Release 2020-125 | September 21, 2020 Federally Chartered Banks and Thrifts May Engage in Certain Stablecoin Activities WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks' and federal savings associations' authority to hold "reserves" on behalf of customers who issue certain stablecoins . Stablecoins refer to cryptocurrency backed by an asset such as a fiat currency, including U . S . dollars or...

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SEC Charges Index Manager and Friend With Insider Trading

Washington D . C . , Sept . 21, 2020 — The Securities and Exchange Commission today charged Yinghang “James” Yang, a senior index manager at a globally recognized index provider, and his friend Yuanbiao Chen, a manager at a sushi restaurant, with perpetrating an insider-trading scheme that generated more than $900,000 in illegal profits . The SEC’s complaint alleges that between June and October of 2019, Yang and Chen repeatedly purchased call or put options of...

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OCC Announces Settlements With Three Former Senior Wells Fargo Bank Executives

News Release 2020-124 | September 21, 2020 OCC Announces Settlements With Three Former Senior Wells Fargo Bank Executives WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced settlements with three former senior executives of Wells Fargo Bank, N . A . , Sioux Falls, South Dakota, for their roles in the bank’s systemic sales practices misconduct . The settlements include: (1) a prohibition order and $925,000 civil money penalty (CMP) t...

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SEC Charges Ponzi Scheme Targeting U.S. Military Service Members

Washington D . C . , Sept . 21, 2020 — The Securities and Exchange Commission today announced settled charges against a Colorado man for defrauding investors, including cadets at the U . S . Air Force Academy . The SEC’s complaint alleges that over a two-year period, Milton J . Dosal, Jr . raised nearly $100,000 from approximately 41 investors under the guise that he would day-trade stocks on their behalf . According to the complaint, Dosal, a car enthusiast, m...

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SEC Issues $2.4 Million Whistleblower Award

Washington D . C . , Sept . 21, 2020 — The Securities and Exchange Commission today announced an award of $2 . 4 million to a whistleblower whose timely submission of information prompted the agency to initiate an investigation and bring an enforcement action that stopped ongoing misconduct, and whose assistance throughout the investigation contributed to all of the charges brought by the SEC . "The whistleblower awarded today quickly came forward with critical...

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Federal Reserve Board issues Advance Notice of Proposed Rulemaking on an approach to modernize regulations that implement the Community Reinvestment Act

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below . September 21, 2020 Federal Reserve Board issues Advance Notice of Proposed Rulemaking on an approach to modernize regulations that implement the Community Reinvestment Act For immediate release The Federal Reserve Board on ...

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