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Tag: proposed

Savers to gain 260m a year under proposed interest rate changes

2020-01-09 13:46:49| Guardian Unlimited Business - more business news

FCA rules would force banks to offer single rate for easy-access accounts after 12 monthsBanks will be banned from quietly cutting interest rates on cash savings accounts as part of proposals meant to help consumers pocket an extra 260m a year.The Financial Conduct Authoritys changes would still allow banks to offer a range of introductory interest rates to attract new customers. However, lenders would then have to offer a single rate for all easy-access cash savings accounts after 12 months. That rate would be openly published twice a year. Continue reading...

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United States: Proposed Amendments To The Accredited Investor Definition - Mayer Brown

2020-01-09 03:59:23| Mondaq.Com

On December 18, 2019, the Securities and Exchange Commission ("SEC") proposed amendments to the definition of "accredited investor"

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United States: FDIC Issues Proposed Rule On Brokered Deposits - Arnold & Porter

2020-01-09 03:34:29| Mondaq.Com

On December 12, 2019, the Federal Deposit Insurance Corporation issued a notice of proposed rulemaking to revise the regulatory framework used to determine whether deposits qualify as "brokered" deposits.

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India to tweak proposed content regulations to ease burden on some: Sources

2020-01-08 14:29:35| The Economic Times

The original proposal would have forced all tech players, in addition to Facebook, Twitter and WhatsApp, to deploy automated tools to check for unlawful content and to appoint an officer for "24x7" coordination with law enforcement. The rules are part of India's broader efforts to tackle disinformation and "fake news".

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United States: Fair Treatment For CFOs Under The New 162(m) Proposed Regulations - Winston & Strawn LLP

2020-01-08 13:20:38| Mondaq.Com

Last month year, I blogged on the new Proposed Regulations issued by IRS and the Treasury Department on the changes to Code Section 162(m) made by the Tax Cuts and Jobs Act of 2017 (TCJA).

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