The value of assets under management saw an increase, primarily driven by inflows into unit investment funds (UIFs) and positive returns on investments.
The Bank of Russia has announced that it will refrain from purchasing foreign currency in the domestic FX market to mirror fiscal rule-based operations conducted by the Ministry of Finance of the Russian Federation.
The Chairman of the House Financial Services Committee, Patrick McHenry, has announced an upcoming hearing titled "Innovation Revolution: How Technology is Shaping the Future of Finance."
The corporate lending sector experienced significant growth in October, with the portfolio of corporate loans increasing by 2.3%, compared to a 2.0% rise in September.
The Prudential Authority, part of the South African Reserve Bank, and the Financial Sector Conduct Authority are set to host the 2024 International Association of Insurance Supervisors Annual Conference.
The recent paper on digital assets in payments and transaction banking defines these assets as those controlled through public-private key cryptography.
Deputy Governor of the Bank of Russia, Philipp Gabunia, alongside Elizaveta Danilova, Director of the Bank's Financial Stability Department, is set to present a financial stability review.
In November 2024, inflation expectations for the coming year decreased slightly among both groups of respondents—those with savings and those without—according to InFOM's survey findings.
The U.S. Senate has passed the bipartisan Working Dog Commemorative Coin Act, a bill that was introduced in the House by Chairman Patrick McHenry and led in the Senate by Senators Ted Budd, Mark Kelly, Thom Tillis, and Tammy Duckworth.
The Payments System Board convened today to discuss several key topics, focusing on the New Payments Platform (NPP), regulatory reforms, and improvements in payment systems.