Wednesday, March 03, 2021

China - Resolution plans for banks, insurers soon

China will launch standardized and unified requirements for large and medium-sized banking and insurance institutions to make resolution plans.
Commonly known as "living wills", resolution plans are detailed strategies for orderly resolution of material financial distress or failure of institutions. They help prevent systemic risks and maintain financial stability during such circumstances.
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USA: President Donald J. Trump Restricts the Entry of Foreign Nationals to Protect the United States from Foreign Terrorists and Other National Security and Public Safety Threats

President Donald J. Trump signed a Proclamation to protect the nation from foreign terrorist and other national security and public safety t...