World News

EBRD Shareholders Back €4 Billion Increase in Bank’s Paid-in Capita

December 19, 2023/EBRD By Nigina Mirbabaeva Third increase in EBRD’s history takes capital base to €34 billion. Image Credit: EBRD Third increase in EBRD’s history takes capital base to €34 billion The governors of the European Bank for Reconstruction and Development (EBRD) have approved a resolution to increase the Bank’s paid-in […]

SEC Issues Staff Report on Accredited Investor Definition

December 15, 2023/US SEC The Securities and Exchange Commission today issued a staff report on the accredited investor definition. The Dodd-Frank Wall Street Reform and Consumer Protection Act directs the Commission to review the accredited investor definition as it relates to natural persons every four years to determine whether the […]

IMF Temporarily Increases Access Limits under the Poverty Reduction and Growth Trust

December 15, 2023/IMF Annual access limit raised from 145 to 200 percent of quota. Cumulative access limit raised from 435 to 600 percent of quota. Washington, DC: The Executive Board of the International Monetary Fund (IMF) agreed on December 7 to temporarily raise the PRGT normal annual access limit to […]