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239 results found

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Sabeti & Khatami | Iran | 31 Jul 2018

Iran sets up an alternative foreign exchange market

In April 2018, in a major change in Iran's foreign exchange policy, the government moved away from a dual exchange rate regime (which included a…
Article
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Moroğlu Arseven | Turkey | 18 Nov 2016

Turkey Amends Requirements for Central Bank Reserves

Turkey's Central Bank has amended secondary legislation on the principles and procedures for reserves which it is required to hold. It introduced a…
Commentary
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TRLPLAW | Nigeria | 16 Sep 2016

Central Bank of Nigeria floats naira

The Central Bank of Nigeria (CBN) recently lifted its peg on the naira. Despite the CBN's decision to float the naira, which in effect is a devaluation, the foreign exchange market has experienced a high rate of volatility. As such, it remains to be seen whether the effective devaluation of the naira was the right move.
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Baker McKenzie | Turkey | 11 Aug 2016

Turkish Central Bank to Provide Extra Market Liquidity through Reserve Ratio Adjustments

Seeking to ensure that the market has sufficient available liquidity following the recent political and economic developments in…
Article
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Morrison & Foerster LLP | USA | 6 Dec 2011

Final rule amending Reg. D – reserve requirements for depository institutions

The Federal Reserve announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche for 2012, amounts used in the calculation of reserve requirements for depository institutions.
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Mayer Brown | USA | 31 Oct 2011

NAIC Fall 2011 meeting notes

The National Association of Insurance Commissioners (the “NAIC”) held its 2011 Fall National Meeting (the “Fall Meeting”) from 3-6 November in Washington, D.C.
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Katten Muchin Rosenman LLP | USA | 28 Oct 2011

Federal Reserve announces annual indexing related to reserve requirements under Regulation D

The Federal Reserve Board (the Board) on October 26 announced the annual indexing of the reserve requirement exemption amount and of the low reserve tranche for calendar 2012.
Article
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Dorsey & Whitney LLP | USA | 12 Oct 2011

SEC charges senior officers of failed bank with fraud

The SEC brought another significant market crisis case, this time against the senior officers of a failed financial institution.
Article
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Winston & Strawn LLP | USA | 10 Oct 2011

Farmland bubble

On October 5th, Bloomberg reported that rising prices for Midwest farmland are drawing the attention of the FDIC and regional Federal Reserve Banks.
Article
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Ballard Spahr LLP | USA | 7 Oct 2011

HUD issues guidance on operating subsidy calculations for calendar year 2012

On September 26, 2011, the U.S. Department of Housing and Urban Development released an advisory notice (PIH 2011-55) that provides guidance to public housing authorities on operating subsidy calculations for Calendar Year 2012.
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