Capital / Liquidity

RBNZ Sheds Light on Conceptual Framework for Promoting Resilience

10/09/2024

Deputy Governor Christian Hawkesby described the framework used to promote financial stability while simultaneously fostering innovation and competition.

Korea FSS Starts Inspections of Debt Collection Practices

10/09/2024

On-site inspections will be conducted at 30 loan companies nationwide to assess whether they are using unlawful collection practices.

Sanctions

Moldovan Banks Stop Accepting Money Transfers from Russia

10/09/2024

The four remaining Moldovan banks that were still accepting transfers via Russia’s Zolotaya Korona system have stopped doing so.

Sanctions

Russia Blocks Sale on Stake in Raiffeisen’s Local Bank – Report

10/09/2024

Raiffeisen Bank International will attempt to reverse the decision, which represents the biggest freeze involving a Western bank in Russia.

Sanctions

US Lawmakers Accuse Iraq of Facilitating Iran Sanctions Evasion

09/09/2024

Five US members of Congress claim Iraqi officials are involved in “industrial-scale sanctions evasion” on behalf of the Iranian regime.

Sanctions

US to Impose New Export Controls Targeting Advanced Technology

09/09/2024

The new rules target quantum computers and components, advanced chipmaking tools and technology, and various components and software related to metals and metal alloys.

Sanctions

Iran Facing New Sanctions Over Missile Shipments to Russia

09/09/2024

US officials have confirmed the delivery of hundreds of short-range ballistic missiles to Russia. The US and EU intend to respond with sanctions.

Sanctions

Trump Promises to Lift All Russia Sanctions if Re-Elected

09/09/2024

Trump said the move would ensure the continued dominance of the US dollar and prevent Iran, Russia and China from gaining economic power.

Sanctions

Major Chinese Banks Are Offloading Russia Assets – Report

09/09/2024

Russia’s banks have also reportedly run out of yuan, largely because Chinese financial firms have stopped doing business with the country.