EU Council regulates handling of immobilised Russian assets

On the 12 February 2023, the EU Council has decided to regulate the handling of assets belonging to the Central Bank of Russia (CBR) which are immobilised due to EU sanctions. Financial institutions holding these assets must segregate revenues and follow specific rules. Central Securities Depositories (CSDs) with over €1 million of CBR assets must separate extraordinary cash balances and revenues, and are prohibited from disposing of net profits.

European Commission welcomes G7 consensus on EUR 45B in financial assistance to Ukraine

eng.uatv.ua - 27/Oct 14:14

The European Commission has welcomed the announced consensus reached by the Group of Seven leaders to collectively provide financial assistance to...

The EU Council has officially approved a macro-financial loan for Ukraine amounting to €35 billion.

eng.uatv.ua - 23/Oct 16:45

On October 23, the EU Council finalized, through a written procedure, the allocation of a macro-financial loan to Ukraine in the amount of €35...

South Korea to regulate cross-border trade of virtual assets

thestar.com.my - 25/Oct 01:09

SEOUL (Reuters) - South Korea plans to start regulating cross-border transactions of virtual assets such as cryptocurrency, bringing in...

Cancer cell populations segregate to favour metastasis or antitumour inflammation

oncologynews.com.au - 30/Oct 14:20

Understanding in depth how tumours evolve to become malignant is the objective of the latest study led by the Cell Plasticity in Development and...

Azerbaijan’s Central Bank Set to Regulate Remote Lending

azerbaijannewsgazette.com - 23/Oct 00:00

BAKU: The Central Bank of Azerbaijan (CBA) has announced plans to regulate remote lending, with a focus on safeguarding consumer rights and preventing...

Cuban PM checks economic actions in the country's province

acn.cu - 12:37

With the aim of evaluating the results in the implementation of actions to correct distortions and boost the economy in 2024, Manuel Marrero Cruz,...

These Are The Luxury Beauty Products Worth Getting This Winter

aeworld.com - 27/Oct 16:08

Welcome to the must-have products for the new season Clairvoyance, CHANEL Chanel’s Clairvoyance makeup palette, part of the brand’s Fall-Winter...

American Assets Trust (AAT) Q3 FFO and Revenues Surpass Estimates

zacks.com - 29/Oct 21:55

American Assets Trust (AAT) delivered FFO and revenue surprises of 31.48% and 11.25%, respectively, for the quarter ended September 2024. Do the...

IQVIA Gears Up to Report Q3 Earnings: Here's What You Should Know

zacks.com - 28/Oct 15:49

IQV's TAS and RD&S revenues are anticipated to have increased, while CSMS revenues are likely to have dipped in the third quarter of 2024.

Assets of Azerbaijan’s Non-Bank Credit Organizations Expected to Double by 2025