The Bank of Russia's delegation, led by Governor Elvira Nabiullina, participated in the 27th meeting of the Advisory Council on the Exchange Rate Policy of the National (Central) Banks of the EAEU Member States.
Ahead of a hearing to examine how technology is shaping the future of finance, Chairman of the House Financial Services Committee Patrick McHenry (NC-10) and Ranking Member Maxine Waters (CA-43) have introduced two bipartisan measures.
The Bank of Russia has announced that it will maintain the current macroprudential limits (MPLs) on unsecured loans for the first quarter of 2025, consistent with those set for the fourth quarter of 2024.
The Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) have announced a review of the regulatory framework governing the distribution of funeral insurance in South Africa.
The growth rates of funds in the pension system nearly doubled over the past quarter, primarily driven by returns on investment and an influx of money into the long-term savings program.
The Bank of Russia has announced the release of seasonally adjusted data on outstanding mortgage loans granted to resident individuals across the country.
The Market Practitioners Group (MPG) Derivatives Workstream has released a white paper suggesting market conventions for non-linear derivative products.
The Credit Adjustment Spread Sub-workstream, a part of the Transition Planning and Coordination Workstream (TPCW) of the MPG, has been working on determining suitable credit adjustment spreads for Jibar tenors.
The Bank of Russia has released the results of its November 2024 monitoring of maximum interest rates on deposits in Russian rubles at the top ten credit institutions attracting the largest amount of household deposits.
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."