RegStream

On 27 November 2024, the latest silver coin, St. Nicholas, will be issued in honour of the traditional St. Nicholas processions on 6 December.

Princeton University won the 21st annual national College Fed Challenge on Friday, a team competition that encourages undergraduate students to learn about the U. S. economy, monetary policymaking, and the role of the Federal Reserve System. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee. The team, from Princeton, New Jersey, represente...

FINMA is setting out its supervisory practice on key aspects of interpretation in the new circular on the Financial Services Act FinSA. This will create transparency and legal certainty as well as a comparable level of investor protection among the supervised institutions. The circular will enter into force on 1 January 2025. The circular on the rules of conduct under the FinSA provides information on the supervisory practice as regards informing clients...

Date: 22 November 2024 Reaching Out to the Community – Privacy Commissioner Interviewed by the Media to Explain the Collection of Personal Data by Online Travel Platforms The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, was interviewed by RTHK Radio 1’s “HK2000” and Commercial Radio’s “On a Clear Day” on 19 November to explain the report titled “A Study of the Collection of Personal Data by 10 Online Travel Platforms” releas...

The period for switching health insurers is in full swing, and unsolicited marketing calls are still part and parcel of it. Cold calling in the area of health insurance has been banned for all insurance intermediaries and insurance companies by law since 1 September 2024. FINMA has launched investigations of four insurance and intermediary firms. The Federal Council approved the Ordinance on the Regulation of Insurance Intermediation on 14 August 2024. T...

Issue of Confederation bonds on 11th December 2024

Date: 21 November 2024   PCPD and HKPC Jointly Release “Hong Kong Enterprise Cyber Security Readiness Index” Rises by 5. 8 Points Approaching the Level in Year 2022 “Human Awareness Building” Remains at Low Levels The Office of the Privacy Commissioner for Personal Data, Hong Kong (PCPD) and Hong Kong Productivity Council (HKPC) jointly released the results of the “Hong Kong Enterprise Cyber Security Readiness Index and AI Security” survey today. The...

Unanimously reaffirms expectation to implement Basel III in full, consistently and as soon as possible. Finalises guidelines for strengthening banks' counterparty credit risk management. Progresses work to strengthen supervisory effectiveness following the 2023 banking turmoil. The Basel Committee on Banking Supervision met in Basel on 19–20 November 2024 to take stock of recent market developments and risks to the global banking system, and to discuss a range of policy and supervisory init...

During its meeting on 20 November 2024, the Federal Council adopted the dispatch on the protocol of amendment to the double taxation agreement (DTA) with Hungary. The protocol implements the OECD's minimum standards from the base erosion and profit shifting (BEPS) project with regard to double taxation agreements.

The Swiss Financial Market Supervisory Authority has opened enforcement proceedings against a total of ten interconnected companies and two individuals. There is a strong suspicion that the persons involved in the proceedings have carried out several unauthorised activities as a group without the requisite licences under financial market law. FINMA has appointed an investigating agent and taken measures to protect investors’ interests that are under threat. ...