Foreign exchange market
Global decentralized trading of international currencies
Follow Foreign exchange market on Notably News to receive short updates to your email — rarely!
We include updates on Reserve Bank of India, Bretton Woods system, Internal Revenue Service, Currency, United States Department of the Treasury, U.S. Dollar Index, Plaza Accord, Federal Deposit Insurance Corporation, Federal Reserve Board of Governors, Balance of payments, Central Bank of Russia, Consumer Financial Protection Bureau, Financial Crimes Enforcement Network, Financial centre, Special drawing rights, Balance of trade ... and more.
March 2025 | Michelle Bowman's term as Board of Governors member is pending for St. Louis Regional Bank as of March 2025. |
February 11 2025 | Russell Vought restored CFPB procedures that sustain the mortgage markets. |
February 1 2025 | President Trump fired Rohit Chopra, with deputy director Zixta Martinez becoming acting director. |
January 20 2025 | Douglas O'Donnell began serving as acting commissioner of the IRS following Donald Trump's inauguration. |
2024 |
Counterparty
After a development hiatus, core developers returned to address long-standing issues with the Counterparty reference implementation, focusing on improving stability, correctness, and performance, and preparing for future feature development.
|
2024 | The CFPB's total refunds and canceled debts had increased to $19 billion, demonstrating continued consumer protection efforts. |
2024 | The Consumer Financial Protection Bureau implemented a rule limiting credit card late fees to $8. Initially blocked by a judge, the Supreme Court overturned the blocking reason, suggesting the rule is likely to be implemented. |
December 4 2024 | President-elect Donald Trump announced his intention to nominate Billy Long as Commissioner of the Internal Revenue Service. |
November 2024 | Harvesh Seegolam G.C.S.K. concludes his term after 4 years and 8 months. |
November 2024 | Rama Krishna Sithanen G.C.S.K. becomes the latest governor of the Bank of Mauritius, taking office in November 2024. |
October 2 2024 |
Atlantic Money
Atlantic Money launched 'Portals', a low-cost alternative to SWIFT that allows users to send money from personal banks on its transfer network without using the app.
|
August 2024 | Hindenburg Research alleges conflict of interest involving SEBI Chief Madhabi Puri Buch and her husband's offshore investment entities, claiming potential manipulation of Adani Group shares. |
August 14 2024 | Ahsan H. Mansur becomes the thirteenth governor of Bangladesh Bank. |
July 2024 | CFPB gave Zelle a choice between settlement or litigation regarding fraud and scams on its platform. |
June 2024 | CFPB proposed banning the use of medical debt in credit reports or loan decisions. |
June 30 2024 | Bank Indonesia participated as a special observer when the Bank for International Settlements signed an agreement with five other central banks to establish Project Nexus, a multilateral international initiative aimed at enabling retail cross-border payments. |
May 2024 | Senate Finance Committee investigated potential failures by the IRS in controlling a Puerto Rico tax break known as Act 22. |
May 2024 | SEBI began allowing Foreign Portfolio Investors (FPIs) established in GIFT City to accept unlimited investments from Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs), enabling NRIs to own 100% of a global fund in this special economic zone in Gujarat. |
May 2024 |
Atlantic Money
Atlantic Money launched a web version of its app after exceeding £400M in total transaction volume.
|
May 2024 | The US Supreme Court reversed the Fifth Circuit's decision in a 7-2 ruling written by Justice Clarence Thomas, ultimately upholding the CFPB's funding mechanism. |
2023 | The IRS processed over 271.4 million tax returns, including more than 163.1 million individual income tax returns, and collected approximately $4.7 trillion in revenue. |
2023 |
Financial regulatory authorities by jurisdiction
Conclusion of the Financial Stability and Development Committee's operations in China.
|
July 25 2023 | CSA transitioned from SEDAR to SEDAR+, which consolidates the national Cease Trade Order and Disciplined List databases and introduces new features like extended operating hours, an integrated fee calculator, and a portal for filing exemptive relief applications. |
June 2023 | SEBI closed 16 of its 17 local offices as part of a restructuring exercise, reducing its local presence across India. |
March 2023 |
Atlantic Money
Atlantic Money approached the European Commission to raise concerns about Wise's market conduct.
|
March 13 2023 | Daniel Werfel became Commissioner of Internal Revenue, succeeding Douglas O'Donnell who served as Acting Commissioner after Charles P. Rettig's term ended on November 12, 2022. |
February 9 2023 |
Atlantic Money
Atlantic Money released its Android mobile app.
|
January 2023 |
Atlantic Money
Atlantic Money filed an official complaint to the UK Competition and Markets Authority (CMA) against Wise, alleging anti-competitive practices in international money transfer price comparisons.
|
2022 | Over 20,000 taxpayers were erroneously marked as deceased, preventing them from filing taxes or receiving refunds. |
2022 | Representative Matt Gaetz introduced a bill to disarm the IRS after the agency's $700,000 ammunition purchase. |
2022 | Facial recognition requirement for ID verification was dropped due to privacy concerns, and alternative ID verification options were introduced. |
2022 |
Foreign exchange company
Australia's foreign exchange market ranked as the eleventh largest in the world, with the AUD/USD currency pair emerging as the sixth most traded globally.
|
2022 |
Fixed exchange rate system
International Monetary Fund (IMF) published a classification of de facto exchange-rate arrangements worldwide, highlighting the global landscape of currency management strategies.
|
2022 | During World Investor Week, SEBI Executive Director Shri G. P. Garg launched a Financial Literacy book, a collaborative effort between Metropolitan Stock Exchange of India Limited and CASI New York. |
2022 |
Atlantic Money
Atlantic Money officially launched its international money transfer service with a fixed fee model, operating from its London headquarters.
|
2022 |
Atlantic Money
Atlantic Money secured seed funding of $7.5M across two phases, with investments from multiple venture capital firms including Kleiner Perkins, Index Ventures, Ribbit, Amplo, 20VC, Nordstar, Elefund, and Susa Ventures. Notable individual investors included Webull founder Anquan Wang and Robinhood founders Vladimir Tenev and Baiju Bhatt.
|
October 2022 | The Fifth Circuit Court ruled that the CFPB's funding structure was unconstitutional, siding with the Community Financial Services Association of America in their legal challenge. |
July 21 2022 |
Atlantic Money
Atlantic Money launched its iOS mobile app in the United Kingdom.
|
July 4 2022 | Abdur Rouf Talukder assumes the role of the twelfth governor of Bangladesh Bank. |
April 2022 | Bank for International Settlements conducted the Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity, providing comprehensive data on global foreign exchange market trading volumes. |
March 1 2022 | Madhabi Puri Buch becomes the first woman chairperson of SEBI, succeeding Ajay Tyagi |
February 28 2022 | Ajay Tyagi's term as SEBI Chairperson ends |
December 2021 | CFPB fined LendUp $100,000 for deceptive marketing and fair lending violations. |
October 12 2021 | Rohit Chopra becomes director of the Consumer Financial Protection Bureau, serving under President Joe Biden. |
September 30 2021 | Rohit Chopra was approved as CFPB director by a 50-48 Senate vote. |
February 13 2021 | President Joe Biden formally submitted Rohit Chopra's nomination to serve as CFPB director. |
We are only showing the most recent entries for this topic. |
This contents of the box above is based on material from the Wikipedia articles Canadian Securities Administrators, Federal Reserve Board of Governors, Foreign exchange market, Fixed exchange rate system, Bank of Mauritius, Securities and Exchange Board of India, List of financial regulatory authorities by jurisdiction, Foreign exchange company, Counterparty (platform), Bank Indonesia, Consumer Financial Protection Bureau, Atlantic Money, Internal Revenue Service & Bangladesh Bank, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.