New BCBS-CPMI-IOSCO report examines the impact of CCP margin models on market participants in the aftermath of Russia's invasion of Ukraine last year.
May 27, 2023Oil revenues now account for 23 percent of the total Russian budget, compared to 30-35 percent before the war in Ukraine.
May 21, 2023India is buying heavily discounted crude oil from Russia and selling full-priced refined products into Europe. Josep Borrell said the EU must act.
May 19, 2023Shipping groups are reportedly seeking to insert clauses in their contracts that would allow them to cancel deals with Chinese counterparts due to sanctions.
May 17, 2023The G7 communique vows stepped-up sanctions enforcement, and readiness to act on financial stability, climate change, and crypto-asset activities.
May 16, 2023OFAC hired a chief sanctions economist to lead a new division that will assess the potential collateral economic effects of proposed sanctions.
May 16, 2023“While this represents the United States’ first transfer of forfeited Russian funds for the rebuilding of Ukraine, it will not be the last," said Attorney General Merrick Garland.
May 15, 2023The IRS is sponsoring Ukraine’s access to a Chainalysis blockchain analysis tool and also organising cyber training sessions.
May 12, 2023The G7 ministers intend to outline plans to prevent the kind of bank runs that led to the collapse of Silicon Valley Bank.
May 10, 2023The proposals also include sanctions on Iranian companies, measures to restrict sales of certain products to third countries, and powers to ban oil tankers that conceal their location.
May 9, 2023