First Russia Sovereign Debt Default Since 1918
(27 June 2022 – Russia) The culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors has seen Russia default on its foreign-currency sovereign debt […]
(27 June 2022 – Russia) The culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors has seen Russia default on its foreign-currency sovereign debt […]
(20 June 2022 – Europe) The Institute of International Finance (IIF) is pushing for the European Commission (EC) to evaluate the impact of issuing a digital euro as […]
(3 June 2022 – United Kingdom) Britain’s Financial Conduct Authority (FCA) stated aim to formally regulate environmental, social and governance (ESG) rating providers has resulted in a contrasting […]
(2 June 2022 – United Kingdom) The Bank of England (BoE) will assume regulatory oversight over stablecoin issuers in the event they pose a material risk to financial […]
(30 May 2022 – Switzerland) International Monetary Fund (IMF) Managing Director Kristalina Georgieva strongly encourages market participants to avoid outright dismissing cryptocurrency technology after the sudden collapse of […]
(23 May 2022 – Sweden) Mastercard has partnered Swedish Fintech Dreams to focus on delivering a suite of sustainable banking products for financial institutions (FIs) designed to empower […]
(20 May 2022 – United Kingdom) The United Kingdom (UK) Electronic Trade Documents Bill is set to significantly improve access to trade finance, especially for English law contracts […]
(11 May 2022 – Europe) Embedded finance activity is ramping up in 2022 with start-up Rupifi the latest example of rapidly increasing interest by investors after raising US$25 […]
(10 May 2022 – Europe) Most central banks are now investigating use case for central bank digital currencies (CBDCs), and over one in four are developing pilots according […]
(5 May 2022 – United Kingdom) Revolut’s crypto approach and the Russia-Ukraine war have stifled the group’s ambition for a United Kingdom (UK) banking license. The crucial missing […]