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Capital Controls Banks

Goodwin

Digital Currency to the Rescue: Bitcoins as Solution to Greek Capital Controls

Goodwin on

This week Cubits.gr and BTCGreece began a partnership aimed at providing a solution to Greek capital controls. Part of that solution entails supporting voucher payments backed by bitcoin and installing one thousand Bitcoin...more

Orrick, Herrington & Sutcliffe LLP

Bank Resolution in Greece

The result of Sunday’s (5 July 2015) referendum which rejected the latest proposed bailout by the European authorities was unequivocal. The next steps in this crisis are far less clear, ranging from a swift renegotiation of...more

Ballard Spahr LLP

FDIC Issues Guidance on Basel III Capital Conservation Buffer for Subchapter S Banks

Ballard Spahr LLP on

A recent Financial Institution Letter provides guidance on the FDIC’s methodology when entertaining requests from banks or savings associations organized as Subchapter S corporations (S-corporation banks) to pay dividends to...more

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