AML/CFT Regulations
The Ministry of Economy extends its best wishes for continued success and prosperity to you. The Ministry of Economy is keen to increase awareness and compliance with Anti-Money laundering and…
Deutsche Bank applies for digital asset license
Deutsche Bank AG has applied for regulatory approval to provide digital asset custody services in Germany, Bloomberg reported. The move is part of a broader strategy to boost Deutsche Bank’s…
Bank of China restricts yuan transfers for Russian banks clients
The Bank of China (BoC) has restricted from this week remittances in yuan to customers of Russian banks to banks in the European Union, Switzerland, the United Kingdom and the…
Russia takes first steps to withdraw from WTO, WHO
The Russian government is starting the process of unilaterally withdrawing from a series of international bodies, including the World Trade Organization and the World Health Organization, the Russian Duma’s Deputy…
UAE President Mohammed bin Zayed Al Nahyan to his colleague Vladimir Putin at SPIEF(St. Petersburg International Economic Forum).
“Mr. President … we receive many threats , especially given the current situation in Russia, but we made a decision and took a step (in the direction of cooperation with…
US national debt exceeds $32 trillion for first time
The US national debt topped $32 trillion for the first time ever this week, according to Treasury Department data released Friday. Even though just two weeks ago the White House…