Tag

Clampdown

All articles tagged with #clampdown

Germany's Historic Clampdown on Illegal Immigration: Scholz's Pact to Curb Migration

German Finance Minister Olaf Scholz has praised the country's "historic" clampdown on illegal immigration, highlighting the government's efforts to strengthen border controls and improve deportation procedures. Scholz emphasized the importance of a fair and orderly immigration system, stating that Germany welcomes legal immigrants while cracking down on those who enter the country illegally.

via Financial Times|

#clampdown #germany #historic

finance2 years ago•0 min saved

Ken Griffin Urges SEC to Prioritize Banks Over Hedge Funds in Basis Trade Risk

Ken Griffin, the CEO of Citadel, has warned against implementing stricter regulations on hedge funds to curb basis trade risk. Griffin argues that hedge funds play a crucial role in providing liquidity and stability to the financial markets, and excessive regulation could hinder their ability to perform these functions effectively. He suggests that instead of imposing clampdowns, regulators should focus on enhancing transparency and risk management practices within the industry.

via Financial Times|

#basis-trade-risk #citadel #clampdown

financial-crime2 years ago•0 min saved

Switzerland Takes Action Against Money Laundering with New Laws

Switzerland has announced new measures to combat money laundering, including stricter regulations and increased financial transparency. The move comes as part of the country's efforts to strengthen its reputation as a global financial center and address concerns about illicit financial activities.

via Financial Times|

#clampdown #financial-crime #financial-transparency

politics2 years ago•2 min saved

Senegal's TikTok Ban Signals Growing Crackdown on Dissent

Senegal has blocked access to the social media app TikTok as part of a widening clampdown on dissent, following the dissolution of the main opposition party and the detention of its leader. The power struggle between opposition leader Ousmane Sonko and President Macky Sall has led to violent demonstrations, damaging Senegal's reputation as the most stable democracy in West Africa. The government justifies the ban by claiming that TikTok is used to spread "hateful and subversive messages." The move has sparked concerns about the impact on online sales and communication, as well as freedom of expression in the country.

via Reuters|

#clampdown #dissent #opposition-party

environment2 years ago•1 min saved

Russia Continues Crackdown on NGOs, Bans WWF and Agora

The World Wildlife Fund (WWF) has been labeled an "undesirable" organization by Russian authorities, making all of its activities illegal in Russia. The move is part of a wider clampdown on environmental groups in the country, with Greenpeace Russia and other organizations also being banned. The WWF has been accused of "threatening" Russia's economy and "interfering" with its internal affairs, as well as financing Russian organizations designated as "foreign agents." The group must immediately cease its work inside Russia, and any affiliation with it is now illegal.

via The Moscow Times|

#clampdown #environment #environmental-advocacy