PYMNTS

NOVEMBER 24, 2020

The OECD plans to ultimately put its worldwide tax reform blueprint in front of the Group of 20, or G20, finance ministers. The world economic group has cautioned against go-it-alone plans for tax reform. The OECD forecast that the new measures could bring in an additional $100 billion in business tax revenues each year.

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PYMNTS

JANUARY 28, 2019

FTI Consulting released its inaugural Resilience Barometer report during the World Economic Forum held in Davos, Switzerland last week. The report explores how companies in G20 nations are preparing for risks related to technological disruption, regulation and cybersecurity.

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PYMNTS

JANUARY 24, 2019

World leaders from countries including Japan, South Africa, China, and Germany said there should be global oversight of the technology industry, underscoring the interest internationally to regulate tech, which is an area where the U.S.

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PYMNTS

NOVEMBER 7, 2019

Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid the “real risk of regulatory arbitrage.”. “If In 2018, the crypto world was seen to be of marginal importance to the global financial system.

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PYMNTS

OCTOBER 18, 2019

The FATF echoes the sentiment of regulators around the world who want to stop the release of Libra , especially without more regulatory questions being answered. “If FATF said it would study and report on stablecoins for G20 central bankers and finance ministers.

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PYMNTS

APRIL 17, 2018

Reports in Reuters on Monday (April 16) said CIBAFI’s analysis reinforces concerns that the decline in correspondent banking activity around the world will have a negative impact on small lenders in developing economies. Islamic banks in Southeast Asia added that cash management services were most impacted for them.

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TheGuardian

MAY 27, 2020

There has been no consistency to the regulatory changes during the coronavirus crisis The years after the 2007-09 global financial crisis were characterised by an orgy of rule-making by financial regulators around the world to address the weaknesses exposed by the upheavals.

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PYMNTS

JULY 28, 2017

“The beauty of the GSM-based skimmer is that it can transmit stolen card data wirelessly via text message, meaning thieves can receive real-time transmissions of the card data anywhere in the world — never needing to return to the scene of the crime. That data can then be turned into counterfeit physical copies of the cards,” Krebs wrote.

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PYMNTS

FEBRUARY 9, 2018

The world’s first ICO regulations are coming, care of Gibraltar. The rapid global proliferation of initial coin offerings has become an issue of mounting concern among regulators and central banks around the world – in particular, the growth of ICOs has fueled massive growth in the cryptocurrency market in general.

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PYMNTS

JUNE 10, 2019

The FSB noted in its report that it is continuing to accept comment on the matter after presenting its findings to the G20 Finance Ministers and Central Bank Governors last week. ” Below, PYMNTS looks at some data points about regulation and the current small business bank lending climate. .”

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PYMNTS

JANUARY 19, 2018

As one South Korean trader told Reuters: Local regulations don’t really matter all that much for a commodity like bitcoin that is traded anonymously all over the world. “In I can ask my friends who study abroad or travel there myself. It’s not that big of a problem.”.

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PYMNTS

NOVEMBER 3, 2020

30), the London-based World Travel & Tourism Council revised its forecast for job losses, saying the industry was on track to shed 174 million jobs this year. On Friday (Oct. While alarming, that figure represents a fairly sharp improvement from the 197 million job loss forecast it made in June.

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PYMNTS

MARCH 5, 2018

After all, the regulatory clime has been getting a bit heated for all things crypto based – and as has been seen elsewhere in the world, such as in South Korea , all sort of stakeholders in the bitcoin/Ethereum/etc. In March, of course, at the G20 summit , France and Germany will bring bitcoin and cryptos to the debate, front and center.

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PYMNTS

OCTOBER 19, 2020

OECD’s Tax Reform To Be Presented To G20. EDiMA , a trade organization representing the biggest digital platforms in the world, has advocated for the European Union’s future Digital Services Act to come with a “legal basis to act” on the hosting of illicit content. And now I don’t think, you know, that naivete is there.”.

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TheGuardian

APRIL 14, 2024

Brazilian president Lula’s proposals have the backing of the World Bank. Now we need action All things considered, the world’s richest countries have emerged from the global pandemic in better shape than they could have imagined when Covid-19 first appeared just over four years ago.

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PYMNTS

JANUARY 25, 2021

President Joe Biden took office, China President Xi Jinping gave a 25-minute address at the virtual World Economic Forum (WEF), his first appearance there since 2017, Reuters reported Monday (Jan. Xi asked for a global effort to fortify the coordination of macroeconomic policy and bolster the G20’s role in economic governance.

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PYMNTS

FEBRUARY 14, 2020

Central bank governors, as well as finance ministers, of the 20 biggest economies of the world — the G20 — meet in Riyadh later this month to talk about work on the tax rules by the Organisation for Economic Cooperation and Development (OECD), among other topics. “We which is no longer part of the European Union. “We

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PYMNTS

JANUARY 31, 2018

There was regulatory news on other fronts too, as you might guess, and it went beyond the scope of bitcoin and how cryptocurrencies might be regulated on a world stage. To recap that development, regulators are looking at “answers” to volatile trading and risk to be decided at the G20 summit slated for March.

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TheGuardian

MAY 28, 2021

In an attempt to highlight the role of private creditors in the debt crises of the world’s poorest countries, campaigners with “drop the debt” banners gathered outside HSBC’s AGM at the Southbank Centre.

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TheGuardian

JULY 8, 2021

Ahead of a meeting of G20 finance ministers in Venice on Friday, a letter from more than 100 economists said the immediate introduction of a financial transactions tax (FTT) would make economies more resilient and generate much-needed public investment.

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PYMNTS

JANUARY 20, 2018

After winning the First World War, Americans were feeling good. The dam had burst, and the entire world was awash in the Great Depression. Crypto and its regulatory implications have even made the agenda at the upcoming G20 Summit. That’s when the prudent folks decided to lock in their profits by starting to sell. The Beatles.

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PYMNTS

MARCH 26, 2018

Also on the world stage — amid financial regulation coordination — the Financial Stability Board (FSB) is training its gaze on working with existing rules rather than new ones. In the letter, he stated, “Blockchain will offer new opportunities to our startups” as well.

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PYMNTS

JANUARY 19, 2018

To borrow a phrase from the 1968 Democratic National Convention, the whole world is watching. The proposals will come at the G20 summit scheduled that month in Argentina, Reuters reports. That would be $850 million raised this month via private sale and another $1.2 billion slated through public sale in March.

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PYMNTS

SEPTEMBER 9, 2016

President Barack Obama had a stern warning for the world this week: The potential for an all-out cyber arms race is upon us.

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PYMNTS

MARCH 2, 2020

Separately, CNBC also reported that last week that the G20 summit in Riyadh, Saudi Arabia, set the stage for at least some discussion about digital taxation on an international stage. International Tax Policy. Treasury Secretary Steve Mnuchin told the gathering, “You need to have an international tax system.

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PYMNTS

JUNE 27, 2019

Trump is headed to Japan for the G20 summit, and he has repeatedly lashed out at allies, including Canada, Mexico and the EU. . If Japan is attacked, we will fight World War III. They’re suing everybody.”. He also said that the defense alliance between the United States and Japan was not an even one. . “If

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