By a resounding 69% affirmative vote, Alabamians approved a measure that amends an existing Alabama Constitutional Amendment to allow the State to issue general obligation bonds to finance economic development incentives.

Financing Issues Under The Tax Act (Video)

Multiple outlets are reporting that on February 2, 2015, three years after his indictment in the Southern District of New York, Swiss banker Roger Keller was arrested at the Frankfurt airport.

Charles Rettig was sworn in as the 49th Commissioner of the IRS. Prior to his appointment, Mr. Rettig was a tax attorney at the law firm of Hochman, Salkin, Rettig, Toscher & Perez, P.C.

On March 11, 2025, the Ways and Means Committee Chairman Jason Smith delivered remarks during floor debate to initiate a Congressional Review Act resolution to invalidate the Biden Administration.

On October 19, the Department of the Treasury, the Federal Reserve Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation issued a joint advance notice of proposed rulemaking regarding enhanced cyber-risk management standards . . .

On October 11, Group of Seven ("G-7") financial leaders announced the release of bank cybersecurity best practices guidelines.

The revised draft pushes back the effective dates and compliance deadlines, adds limited exemptions, narrows the requirement to notify the DFS of cybersecurity events, adds flexibility to the program's requirements...

The New York State Department of Financial Services ("NYDFS") granted a virtual currency license to the "first and only" company operating Bitcoin teller machines ...

NYDFS Authorizes Digital Currency Exchange to Offer Custody Services.

The warnings follow recent hacking events, including fraudulent money transfers to steal $81 million from the Bangladesh Central Bank and $12 million from Banco del Austro in Ecuador.

Each report contains a review of achievements from 2015 as well as looking forward to the objectives and challenges which will be relevant in the coming year.

Under the Capital Requirements Regulation, banks are subject to liquidity reporting requirements.

changes aim to enhance precision in the submission, definitions and instructions relating to the supervisory reporting of institutions.

The European Commission has published a summary of contributions received to the ‘Call for Evidence' on an EU regulatory framework for financial services. The consultation closed on January 31, 2016.

On April 9, 2016, a corrigendum relating to the format and frequency of the reporting of liquidity requirements under the Capital Requirements Regulation was published in the Official Journal of the European Union.

The Presidency of the Council of the EU published its first compromise proposal relating to the proposed Regulation on indices used as benchmarks in financial instruments.

On January 3, 2017, the Basel Committee announced that it had, along with the Group of Central Bank Governors and Heads of Supervision, made progress towards completing the Basel Committee's post-crisis regulatory reforms.

On June 15, 2015, the European Banking Authority (EBA) published its annual report for 2014.

On May 8, 2015, the European Banking Authority (EBA) published its final report (EBA/GL/2015/03) on guidelines on triggers for the use of early intervention measures under Article 27(4)...