Stories by Fiat Reporter on Fiat Reporter

The Bank of Russia has released the February 2025 results of its monitoring of maximum interest rates on deposits in Russian rubles at the top 10 credit institutions attracting the largest amount of household deposits.

House Financial Services Committee Chairman French Hill and Senate Banking Committee Chairman Tim Scott have addressed a letter to Treasury Secretary Scott Bessent.

Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill have emphasized the urgency of appointing a new Vice Chair for Supervision at the Federal Reserve.

On February 26, 2025, the Bank of Russia's Board of Directors made a decision to expand its Lombard List by including several securities.

On March 4, 2025, the Bank of Russia will release a commemorative coin in honor of Rear Admiral Alexander Mozhaisky.

Starting March 1, individuals can now use the Public Services Portal to voluntarily impose a self-ban on entering into loan or microloan agreements.

Pluto, a core contributor to THORChain, has announced his immediate departure from the project.

The federal law introducing new procedures for using escrow accounts in single-family home construction will take effect on March 1, 2025.

House Financial Services Committee Chairman French Hill, Senate Banking Committee Chairman Tim Scott, and Senator Tom Cotton have called for a comprehensive review of the Consolidated Audit Trail (CAT) by the Securities and Exchange Commission (SEC).

The Bank of Russia has announced the establishment of parameters for weekend trading to mitigate risks associated with exchanges and their clients.

Microfinance organizations (MFOs) experienced significant growth in 2024, with microloans increasing by more than 50%.

The Bank of Russia has announced that it will maintain the current macroprudential limits (MPLs) on unsecured consumer loans and microloans for the second quarter of 2025.

U.S. Senator Tim Scott of South Carolina has outlined his plan to support underserved communities through legislative efforts, focusing on affordable housing, small business growth, and financial inclusion.

Elvira Nabiullina, the head of the Central Bank of Russia, addressed the Association of Russian Banks with a review of last year's banking sector outcomes and forecasts for the future.

Senate Banking Committee Chairman Tim Scott and several colleagues have raised concerns over the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD).

Deputy Central Bank Governors and Deputy Finance Ministers from the BRICS countries convened in Cape Town, South Africa, to outline key areas of cooperation.

At a recent U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing, Chairman Tim Scott underscored the importance of confirming President Trump's nominees for key economic policy and financial regulatory positions.

A group of U.S. lawmakers has expressed concerns over the European Union's Corporate Sustainability Due Diligence Directive (CSDDD), highlighting potential risks to American competitiveness.

Nearly half of borrowers are signing loan agreements remotely through banking apps, according to a recent assessment by the Bank of Russia.

The financial regulator has issued a recommendation for creditors to engage with borrowers in the Belgorod, Bryansk, and Kursk regions.