Search Results for: US financial reform

The International Monetary Fund (IMF) published a FinTech Note on central bank digital currencies (CBDCs) this Wednesday. Analogous to a digital form of paper money, a CBDC is a digital liability of a central bank that is available to the general public. The IMF paper details the experiences of the six central banks at the [...]

India Finance Minister Nirmala Sitharaman announced a series of tax reform measures on Tuesday as part of the nation’s 2022 annual budget. While the measures do not propose a change in the income tax slabs, they propose a new tax regime on transfers of cryptocurrencies and include various incentives such as increased deductions for government [...]

In the aftermath of mass protests that swept major cities across Kazakhstan last month, resulting in hundreds of casualties and ultimately the deployment of Russian and allied troops to restore order, a law professor from Nazarbayev University explains what happened, and what we can expect for the Central Asian nation going forward. How did the [...]

JURIST is launching a new series of dispatches from major US states written by JURIST correspondents “on the ground” in those jurisdictions. JURIST Operations Director Ram Eachambadi files this report from Los Angeles. Earlier this month, Los Angeles County filed a petition in California Superior Court to hold Los Angeles County Sheriff Alex Villanueva in [...]

The year 2022 began on a torrid note with the news that profiles of several Muslim women had been surreptitiously created on an app called Bulli Bai hosted on Git Hub for the purposes of putting the women up for ‘auction’. This was not the first instance when Muslim women were targeted through this online [...]

The US Supreme Court Wednesday heard oral arguments in Federal Election Commission v. Ted Cruz for Senate, a case concerning federal election law, political campaign finance rules, and spending limits.  On November 4, 2018, the day before the Senate general election in Texas, Senator Ted Cruz made two campaign finance loans to the Ted Cruz for Senate [...]

On November 4, 2021, US Senators Rob Portman (R-OH) and Jacky Rosen (D-NV) announced the introduction of S.3175 – 117th Congress (2021-2022): Advancing American Artificial Intelligence Innovation Act of 2021 to Congress. Although the stated goal of S. 3175 is to ensure private companies have access to accurate data so they can better meet Department of Defense [...]

Law students and lawyers in Afghanistan are filing reports with JURIST on the situation there after the Taliban takeover. Here, a Staff Correspondent for JURIST in Kabul comments on the country’s banking crisis, currently complicated by international restrictions and sanctions. For privacy and security reasons, we are withholding our Correspondent’s name. The text has been [...]

In his 2021 year-end report, US Supreme Court Chief Justice John Roberts stressed the importance of ensuring the federal judiciary retains its institutional independence. Speaking on the constitutional importance of the Court’s ability to self govern and institute reforms of its own accord without undue Congressional influence, he wrote: The judiciary’s power to manage its internal [...]

The European Parliament launched a lawsuit Friday against the European Commission for a mechanism that allows the freezing of EU payments to member states which failed to respect the rule of law principles. The mechanism in question links EU funds to the rule of law breaches. The lawsuit brought by the European Parliament will put [...]