OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Facts of manipulation in financial instrument markets established
The Bank of Russia has established facts of multiple manipulations at the exchange in the markets for fourteen issuers’ shares (hereinafter, the Shares) during the period from 13 November 2014 to 23 March 2015 (hereinafter, the Period) by employees of CJSC Leader (TIN 5018026672)…
Elvira Nabiullina: Review of recent inflation developments in…
Today, the Board of Directors of Bank of Russia has decided to cut the key rate by 25 bp down to 6.25% per annum. We will consider the necessity of further key rate reduction in…
Banking licence of JSC Expert Bank revoked
By its Order No. OD-2519, dated 1 November 2019, the Bank of Russia revoked the banking licence of the Omsk-based Joint-stock company Expert Bank (JSC Expert Bank) (Reg. No. 2949; hereinafter, Expert Bank). The credit institution ranked 209th by assets in the Russian…
Banking licence of JSC Kemsocinbank revoked and provisional…
By its Order No. OD-1224, dated 31 May 2019, the Bank of Russia revoked a banking licence from Joint-Stock Company Kemerovo Social Innovation Bank, or JSC Kemsocinbank (Registration No. 96, Kemerovo, hereinafter, Kemsocinbank). The credit institution ranked 320th by assets in the Russian banking…
Russian Central Bank Annuls Forex Dealer Licenses of…
In a major development in the Russian forex brokerage industry, the Central Bank of Russia has annulled the Forex dealer licenses of major retail forex brokers including Alpari, Forex Club and TeleTrade. In an official…