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...
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"
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.
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".
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).