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FTX Crisis Explains Need to Bring Crypto World Within Regulatory Framework: Bank of England
FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...
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Crypto Technology To Be A Priority For Britain's Market Activities
Britain will begin live testing of crypto block chain technology for traditional market activities such as trading, next year
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US, UK Donate $530 million To Ukraine For "Urgent Humanitarian Spending"
Ukraine has received roughly $530 million in US and British grants from a fund set up by the World Bank for donations to the Kyiv government in the wake of Russia's invasion, the finance ministry said.
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UK National Arrested In Delhi For Forging Document To Stay Legal Proceedings
A British national has been arrested for allegedly forging a document in the name of the finance ministry to stay proceedings against his company under a law to recover non-performing asset loans, police said on Tuesday.
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Digital Pound Could Hit Financial Stability and Erode Privacy, UK Lawmakers Warn
A digital pound used by consumers could harm financial stability, raise the cost of credit, and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said.
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India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
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UK Will Not Appoint New Central Bank Chief Before Election, Says Official
Britain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on December 12, a finance ministry official said.
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1,800 Litres Of "Fake Blood" Sprayed On UK Treasury By Climate Activists
Climate change activists used a fire engine to spray red paint at the facade of the British finance ministry on Thursday in an attempt to draw attention to what they said was the government's failure to avert a looming climate cataclysm.
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Driverless Cars Set For UK Budget Boost
The ministry said a new 400 million pound ($530 million) Charging Infrastructure Investment Fund would also be created, improving access to finance for businesses to develop charge points across the UK. Also 100 million pounds would be provided in grants to help people buy battery-electric vehicles.
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Ajay Tyagi Appointed As New Sebi Chief
Mr Tyagi is currently an additional secretary at the finance ministry's economic affairs department. He will succeed UK Sinha as the new Sebi chief.
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'India Has Enough Firepower To Withstand Brexit': Government
"India is prepared for all eventualities," Economic Affairs Secretary Shaktikanta Das said on Friday on the steps of the finance ministry after UK broadcasters called the outcome of Britain's EU referendum in favour of quitting the bloc.
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Government Reassures Wary Investors Ahead Of Brexit Poll
Seeking to allay fears of investors on the eve of Brexit referendum, the Finance Ministry on Wednesday said India is prepared to deal with any eventuality with its sufficient foreign exchange (forex) reserves.
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10-fold Hike in Sebi Part-Time Members' Remuneration
The remuneration of all part-time Sebi members has been increased to Rs 10,000, a ten-fold rise from the present Rs 1,000, for attending each meeting of the market regulator.
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Government Begins Search for Next SEBI Chairman
Government has begun the search for a new Chairman of the capital markets regulator SEBI to succeed the incumbent UK Sinha, whose term is scheduled to come to an end on February 17, 2016.
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In Lalit Modi-Sushma Swaraj Controversy, a Blame Game Between Top Ministries
The controversy over Foreign Minister Sushma Swaraj helping corruption-accused former Indian Premier League boss Lalit Modi obtain British travel documents has triggered a war of words between two central ministries. At the heart of the dispute between the ministries of finance and external affairs is - whose job was it to appeal against court rel...
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FTX Crisis Explains Need to Bring Crypto World Within Regulatory Framework: Bank of England
FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...
-
Crypto Technology To Be A Priority For Britain's Market Activities
Britain will begin live testing of crypto block chain technology for traditional market activities such as trading, next year
-
US, UK Donate $530 million To Ukraine For "Urgent Humanitarian Spending"
Ukraine has received roughly $530 million in US and British grants from a fund set up by the World Bank for donations to the Kyiv government in the wake of Russia's invasion, the finance ministry said.
-
UK National Arrested In Delhi For Forging Document To Stay Legal Proceedings
A British national has been arrested for allegedly forging a document in the name of the finance ministry to stay proceedings against his company under a law to recover non-performing asset loans, police said on Tuesday.
-
Digital Pound Could Hit Financial Stability and Erode Privacy, UK Lawmakers Warn
A digital pound used by consumers could harm financial stability, raise the cost of credit, and erode privacy, though a version for wholesale use in the financial sector demands greater appraisal, British lawmakers said.
-
India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
-
UK Will Not Appoint New Central Bank Chief Before Election, Says Official
Britain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on December 12, a finance ministry official said.
-
1,800 Litres Of "Fake Blood" Sprayed On UK Treasury By Climate Activists
Climate change activists used a fire engine to spray red paint at the facade of the British finance ministry on Thursday in an attempt to draw attention to what they said was the government's failure to avert a looming climate cataclysm.
-
Driverless Cars Set For UK Budget Boost
The ministry said a new 400 million pound ($530 million) Charging Infrastructure Investment Fund would also be created, improving access to finance for businesses to develop charge points across the UK. Also 100 million pounds would be provided in grants to help people buy battery-electric vehicles.
-
Ajay Tyagi Appointed As New Sebi Chief
Mr Tyagi is currently an additional secretary at the finance ministry's economic affairs department. He will succeed UK Sinha as the new Sebi chief.
-
'India Has Enough Firepower To Withstand Brexit': Government
"India is prepared for all eventualities," Economic Affairs Secretary Shaktikanta Das said on Friday on the steps of the finance ministry after UK broadcasters called the outcome of Britain's EU referendum in favour of quitting the bloc.
-
Government Reassures Wary Investors Ahead Of Brexit Poll
Seeking to allay fears of investors on the eve of Brexit referendum, the Finance Ministry on Wednesday said India is prepared to deal with any eventuality with its sufficient foreign exchange (forex) reserves.
-
10-fold Hike in Sebi Part-Time Members' Remuneration
The remuneration of all part-time Sebi members has been increased to Rs 10,000, a ten-fold rise from the present Rs 1,000, for attending each meeting of the market regulator.
-
Government Begins Search for Next SEBI Chairman
Government has begun the search for a new Chairman of the capital markets regulator SEBI to succeed the incumbent UK Sinha, whose term is scheduled to come to an end on February 17, 2016.
-
In Lalit Modi-Sushma Swaraj Controversy, a Blame Game Between Top Ministries
The controversy over Foreign Minister Sushma Swaraj helping corruption-accused former Indian Premier League boss Lalit Modi obtain British travel documents has triggered a war of words between two central ministries. At the heart of the dispute between the ministries of finance and external affairs is - whose job was it to appeal against court rel...
