Tag #Banking Regulations

Showing 13 to 24 of 27 results

news.sky.com
🌐 85% Global Worthiness
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UK Implements New Car Tax and Minimum Wage

New UK economic measures implemented April 1st, 2024, include increased car taxes for electric vehicles and a higher minimum wage of £12.21 for workers aged 21 and over, along with other changes impacting banking, property, and international trade.

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40% Bias Score

Reduced Inequality
mk.ru
🌐 85% Global Worthiness
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Russia Enacts Strict Anti-Fraud Law to Combat Sophisticated Financial Scams

The Russian State Duma passed a law to combat financial fraud, introducing bank transaction limits (over 50,000 rubles), a mandatory "second key" authorization for online transfers, and blocking of suspicious ATM withdrawals, aimed at protecting citizens, especially the elderly, from sophisticated s...

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52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's False Claim Highlights Canada's Resistance to U.S. Banking Influence

President Trump's claim that American banks cannot operate in Canada is false, although stringent Canadian regulations limit U.S. bank ownership to 1.4% of the Canadian market, a situation rooted in Canada's long history of resisting American economic dominance.

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40% Bias Score

Decent Work and Economic Growth
mk.ru
🌐 75% Global Worthiness
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Russia's New Bankruptcy Law Favors Banks in Mortgage Foreclosure

A new Russian bill allocates 90% of proceeds from selling a debtor's only mortgaged home to the bank, 5% to other creditors, and 5% to the debtor for relocation; however, the bill's vagueness raises concerns about fairness and effectiveness.

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56% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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UK Government's Benefits Fraud Plan Sparks Consumer Protection Concerns

The UK government's plan to recover benefits overpayments directly from bank accounts, aiming to save £500 million annually, conflicts with banks' consumer protection obligations, potentially leading to legal challenges and penalties.

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44% Bias Score

Reduced Inequality
themarker.com
🌐 75% Global Worthiness
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Israeli Banks Face Criticism Over Interest Rate Disparity

Israeli banks are criticized for earning significant profits from high overdraft fees while paying low interest rates on large current account balances; a proposed solution involves charging fees on large balances to encourage investment and financial literacy.

Progress

56% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russia Limits High-Risk Mortgages and Auto Loans

The Bank of Russia will begin imposing macroprudential limits on mortgages and auto loans starting in April 2025, restricting high-risk loans to curb rising household debt and protect financial stability.

Progress

44% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 75% Global Worthiness
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German Court Forces Bank to Serve Far-Right Party

A German court ruled that the Chemnitz Sparkasse must maintain a bank account for the far-right party "Freie Sachsen", despite its anti-democratic platform, after a four-year legal battle; the Sparkasse can only refuse service if the Federal Constitutional Court declares the party unconstitutional.

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36% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 85% Global Worthiness
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US-Russia Ukraine Peace Talks: NATO Exclusion Raises Concerns

The United States is exploring a peace deal in Ukraine that prioritizes negotiations with Russia, excluding Ukraine from NATO, surprising Ukrainian officials and raising concerns about Ukraine's long-term security.

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48% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 75% Global Worthiness
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Trump Accuses Banks of Discriminating Against Conservatives

President Trump accused Bank of America and JPMorgan Chase of refusing service to conservatives on Thursday, a claim both banks denied, citing regulatory compliance and account activity inconsistencies; however, Trump's accusations may stem from past allegations of de-banking and increased post-2008...

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36% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greek Banks Respond to Fee Reduction Mandate with New Transaction Packages

Greek banks introduced new transaction packages with added services to offset reduced fees on money transfers and bill payments mandated by the government, effective immediately; measures include zero charges for payments to public entities and a maximum €0.50 for transfers under €5,000.

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
🌐 65% Global Worthiness
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Greece Intervenes to Curb Excessive Bank Charges

The Greek government implemented measures to reduce excessive bank charges, addressing public complaints about unfair fees and lending practices, marking a shift in the relationship between the government and the banking sector.

Progress

44% Bias Score

Reduced Inequality

Showing 13 to 24 of 27 results