NCUA Board Approves Final Rule on Financial Innovation

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Board Action Bulletin ALEXANDRIA, Va. (Sept. 21, 2023) – The National Credit Union Administration Board held its eighth open meeting of 2023 and unanimously approved a final rule that amends the NCUA’s regulations regarding indirect lending, the purchase of loan participations, and the purchase, sale, and pledge of eligible obligations and notes of liquidating credit

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Details on access to the exchange market

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Las entidades financieras deberán incorporar a la Declaración Jurada que firman las empresas para acceder al mercado de cambios que no realizaron, ni lo hicieron sus directores y accionistas, de manera directa o indirecta o por cuenta y orden de terceros, operaciones de títulos valores con liquidación en moneda extranjera. ,La norma vigente establece que

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Statement by Philip Lowe, Governor: Monetary Policy Decision

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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent. Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and

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NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution

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NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution ALEXANDRIA, Va. (Aug. 31, 2023) – The National Credit Union Administration issued three prohibition notices in August 2023. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Amy Bradley, a former

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ASIC – RBA Issue Joint Letter of Expectations to ASX

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Today, ASIC and the RBA (the Regulators) issued a joint letter outlining regulatory expectations of ASX Clear Pty Limited (ASX Clear) and ASX Settlement Pty Limited (ASX Settlement) when engaging with the newly established ASX Cash Equities Clearing and Settlement Advisory Group (Advisory Group). The Advisory Group, with Independent Chair Alan Cameron AO, was established to

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