New regulations on Currency Regulation come into effect today. They simplify the purchase and sale of foreign currency, the opening of accounts in banks around the world, and investing and trading. _ Subscribe to UATV English: https://goo.gl/VHU7bk Facebook: https://www.facebook.com/UATVEN Twitter: https://twitter.com/UATV_en Instagram: https://www.instagram.com/uatv.en Watch UATV live: http://eng.uatv.ua/ #News #Ukraine #UATV #Currency #Reguation #Dollar #Euro #Banking #System #Economy #Trading #Transaction #Crypto #Crypt #Cryptocurrency
Views: 186 UATV English
CIS BANKERS | Ukrainian Banking Forum 2017, Криптовалюта в Украине: будущее ее правового статуса и регулирования, Эмал Бахтари, руководитель проектов и программ департамента открытых рынков, Национального банка Украины
Views: 39 All Kriek
May 5, 2015 -- Herbert Stepic, senior advisor to Raiffeisen Bank International, talks about the state of the financial industry in Central and Eastern Europe as well as Ukraine and Russia.
Views: 144 Mimesis Law
CIS BANKERS | Ukrainian Banking Forum 2017, Banks+FinTechs+Crypto, Михаил Чобанян, Основатель, cryptoassets exchange Kuna.io, Сооснователь и Член Правления, Bitcoin Foundation of Ukraine
Views: 181 All Kriek
CIS BANKERS Ukrainian Banking Forum | Kiev, 19 October 2017. Participants: Sergey Tigipko, Owner, TAS Group; Konstantin Vaysman, CEO, VTB Bank Ukraine; Sergey Chernenko, CEO, First Ukrainian International Bank; Kiril Shevchenko, CEO, Ukrgasbank. Moderator: Tamas Hak-Kovacs, CEO, OTP Bank Ukraine.
Views: 313 All Kriek
Ukrainian Government Decides to Back Crypto Regulators Subscribe: http://bit.ly/CryptoCoinNewsYT Almost every country's government has taken some kind of stance towards cryptocurrencies and their regulations. Now, the Ukrainian government will back their own crypto regulators in an effort to bring order to the crypto market of this country. Government allows the creation of a regulatory framework Ukraine's Financial Stability Council has given their support to the concept of bringing new cryptocurrency regulations. The decision was announced by SSMCS's (National Securities and Stock Market Commission) head, Timur Khromaev, who brought it to the public via Facebook on July 20th. Khromaev stated that this concept will involve the classification of cryptos and their tokens as financial instruments. It will establish various functions and roles of different governmental bodies that will be in charge of regulating such instruments. The participants of and crypto transactions will require the proper licenses as defined by the conditions behind information disclosures. The Council is made up of the Minister of Finance, the National Bank of Ukraine's Governor, the Deposit Guarantee Fund's Managing Director, the head of the National Commission for State Regulation of Financial Services Markets, and the head of National Securities and Stock Market Commission. These members are tasked with finding and eliminating the stability risks of banking and financial systems on a national level. Any decisions will be considered recommendatory. Read more on: https://cryptocoin.news/news/altcoin/ukrainian-government-decides-to-back-crypto-regulators-17965/
Views: 68 CryptoCoin.News
Globalization is a word who everybody knows. As a result of Globalization international laws getting implemented who officially care about topics like anty money laundering, tax fraud, and terrorism financing. However, the truth behind is the implementing of a total control system who makes everybody's financial movements simply visible. The newest invention of the global control system is called „Common Reporting Standards“ (CRS). 100 countries worldwide signed this agreement. +++ Whats CRS ? +++ Simply explained, everybody who owns a bank account outside his country will be automatically reported to his home countries tax authorities. This means no matter if you own a private or corporate account outside your country your foreign bank will automatically report all your bank transactions, turnovers, incomes etc. to your home country. The bank secrecy as we know is officially history. CRS is a resident based reporting law. The bank secrecy was implemented to keep anybody's privacy and furthermore protect assets from governments especially because governments are often unpredictable. Situations like war, financial crises, currency change, fall of a union like the USSR etc. are common and can happen at any time. Brexit, Syria Crisis, Ukraine war, Refugee crisis, Terror etc are floating our news. The world countries are in the highest debts ever reported. No wonder a law like CRS is on is the way and starts 2017/18 To keep your assets protected and keep your privacy the only legal way is to change your resident to the countries like Dubai who offer a 0% tax rate plus a strong banking system and furthermore do not share any banking data of their residents. We assist in getting your resident status in the UAE and protect your assets also in the future. Our world's financial system is not made to be forever. Protect your assets from crises, wars, and governments who are looking for a total control system. Contact us: ➤➤➤ http://royalfinanceyard.com/ ++++++++++ CONNECT WITH US ++++++++++ Subscribe now ➤➤➤ http://bit.ly/2koboV3 Facebook ➤➤➤ http://bit.ly/2mgYKfg Twitter ➤➤➤ http://bit.ly/2lYXydO Xing ➤➤➤ http://bit.ly/2lBWfjT ++++++++++++++++++++++++++++++++++++
Views: 13406 Royal Finance Yard
Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN A flurry of revelations about EU banks being used to launder dirty cash have sullied the bloc's financial reputation in recent weeks and months. The biggest of the recent scandals involves the Estonian branch of Danske Bank – Denmark’s biggest lender. Meanwhile, Transparency International and Global Witness are calling for a crackdown on so-called "golden visa" schemes that they say open a back door into the EU for dirty money and terrorist financing. In our debate, we ask renowned anti-corruption judge-turned-MEP Eva Joly, and former Maltese prime minister Alfred Sant MEP, whether the EU can clean up its money-laundering problem. Produced by Roxane Runel. http://www.france24.com/en/taxonomy/emission/18743 Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 964 FRANCE 24 English
Adam Smith Conferences' Ukrainian Investment Summit 2010 http://www.adamsmithconferences.com/yu7yt The 6th annual Ukrainian Investment Summit took place on 17 -- 19 May 2010 at the Marriott Grosvenor Square Hotel in London and reaffirmed its status as the leading investment conference for Ukraine worldwide. An impressive number of 400 attendees from 20 countries took part in the 3 days of the Summit. They heard from a 65-strong speaker panel, which was headed by Iryna Akimova, 1st Deputy Head of the Presidential Administration of Ukraine. Other key officials who joined Ms Akimova, included: Mykyta Konstantinov, Deputy Minister of Fuel & Energy Oleksandr Riabchenko, Head, State Property Fund Victor Maiko, Deputy Minister of Foreign Affairs Volodymyr Ignashchenko, First Deputy Minister of Environmental Protection Dmytro Tevelev, Head, State Securities & Stock Market Commission Anatoliy Balyuk, Executive Director, Currency Regulation, National Bank of Ukraine Teimour Bagirov, Head of Economic Advisory Council, Cabinet of Ministers of Ukraine The new timing of mid-May was well received by all attendees and preparations are already underway for the 7th annual Ukrainian Investment Summit in London in May 2011. http://www.adamsmithconferences.com/yu7yt
Views: 208 AdamSmithConf
March 5 (Bloomberg) -- U.K. Treasury Minister Paul Myners talks about the possibility of reaching a global agreement on the reform of the financial system by the end of this year. Myners also discusses talks with the Icelandic government on paying back the U.K. and the Netherlands the so-called Icesave loan, needed to cover depositor losses at failed lender Landsbanki Islands hf. He speaks with Bloomberg's Linzie Janis and Rishaad Salamat from Hong Kong.
Views: 97 Bloomberg
WFP, through support of the European Commission and other donors, is providing food assistance to the most vulnerable who have been affected by the conflict in Eastern Ukraine. On both sides of the frontline, WFP is providing food parcels, vouchers and cash-based food assistance, depending on each specific context. With access issues gradually being resolved in Non-Government Controlled Areas, WFP is stepping up its assistance to those in need.
Views: 1424 World Food Programme
BoG creates Consolidated Bank to take over 5 struggling banks
Views: 525 MyJoyOnline TV
PANEL III. CROSS BORDER BANKING IN CEE: SAME BANKS DIFFERENT PROBLEMS Subtopics: - International banking groups of CEE regions: how stable they are? - Trends in the European financial sector following the AQR: a more stable or more nervous banking system? - Asset securitization and sovereign debt pyramids: will the good old times ever return? - Regulatory innovations: what effect on financial markets to expect? - Efficiency of banking supervision: are regulations becoming overcomplicated? - Will European banks keep positions in CEE vs Asian expansion? Ukrainian context: - Was the cleanup of the banking system sufficient to avoid the same mistakes in future? - What policy measures will facilitate the recovery of bank lending and the public debt market? - Banking credit vs. public debt market: which will drive the recovery? - Distressed asset market: where are the opportunities hidden? - New financial instruments? Moderator: Vladyslav Rashkovan • Deputy Governor, National Bank of Ukraine Speakers: - Engin Akcakoca • Banking sector expert (EBRD/WB), Ex Chairman of the Banking Regulation and Supervision Agency of Turkey - Artem Shevalev • Deputy Minister of Finance, European Integration - Tomasz Kazmierowski • Head of Retail Business, ABH Holdings S.A. (ABHH) - Giacomo Volpi • Cheif Finance Officer, Member of the Board, UniCreditBank IV Central and Eastern European Investment Conference Organized by CFA Society Ukraine Supported by CFA Institute November 6th 2015 | Hilton Kyiv www.ceeconference.com www.cfasociety.org/ukraine/ www.facebook.com/CFAUkraine www.twitter.com/CFAUkraine
Views: 55 CFA Society Ukraine
Alistair Milne - Reader in Banking at Cass Business School, City University of London. The speech was held at the debate on the motion: The state should stop subsidizing enterprises during the crisis, organized by the Foundation for Effective Governance in cooperation with Intelligence Squared in Kiev, Ukraine on the 11th of June 2009. The Foundation for Effective Governance is a non-profit organization based in Kiev, Ukraine. It aims to improve people's lives by assisting policy makers and stakeholders at all levels to design and implement actionable public policy solutions, and by furthering public debate on the most important development challenges facing Ukraine. Detailed information and the full video-version of the debates can be found on our website: www.debaty.org. For more information on other projects of the Foundation please address our website: www.feg.org.ua.
Views: 167 Foundation for Effective Governance
CIA News Video Analysis presented by CIADC.co European Finance Regulators Call for Bloc-Wide Crypto Rules, European Banking Authority Report Urges Steady Approach to Cryptocurrency Regulation, Ukraine: Overregulation Prevents Crypto Development, Says Central Bank Official, Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves, France’s Yellow Vests Plan Bank Run to ‘Scare State Without Violence’, and more... PATREON: https://www.patreon.com/cianews NEWS LINKS: https://www.ciadc.co/news I nor CIA LLC is a financial advisor. This is not financial advice. Consult with a financial professional. Invest at your own risk. THANK YOU FOR SUPPORTING INDEPENDENT MEDIA! FAIR USE NOTICE This video may contain copyrighted material; the use of which has not been specifically authorized by the copyright owner. We are making such material available for the purposes of criticism, comment, review and news reporting which constitute the fair use of any such copyrighted material as provided for in section 107 of the US Copyright Law. Not withstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review and news reporting is not an infringement of copyright.
Views: 16 Cj Konstantinos
Hackers target ukrainian software company to spread the notorious zeus banking trojan A Ukrainian software company's website has been hacked to distribute a nasty variant of the Zeus banking trojan Christiaan Colen Hackers have compromised the website of Ukrainian accounting software developer Crystal Finance Millennium to distribute a new variant of the malicious Zeus banking trojan. According to Cisco Talos researchers, the company's website was found dispersing malware that was retrieved by malware downloaders attached to messages as part of an ongoing spam campaign. Research...
Views: 6 Tech News
Relaxation of FX controls, capital markets regulation, BEPS Moderator: Dmytro Koshovy, Interfax Oleg Churiy, Deputy Governor on the National Bank of Ukraine Timur Khromaev, Chairman of the National Securities and Stock Market Commission Volodymyr Kotenko, Partner, Tax & Law Services Leader, EY in Ukraine Ruslan Demchak, MP, Deputy Chairman, Parliamentary Committee on finance and banking policy
Views: 39 UkrFin Forum
Private banks are changing fast. Having recovered from the crisis, they are hiring specialist staff, embracing new regulations and engaging customers with innovative investment strategies, explains Christophe Billard, Group Commercial Director, SGPB
Views: 862 FTPWM
Ukraine's reforms: acknowledging the accomplishments and measuring pace Moderator: Anne McElvoy, Senior Editor of The Economist, head of the Economist Radio Satu Kahkonen, Country Director for Belarus, Moldova, and Ukraine, World Bank Francis Malige, Managing Director, Eastern Europe and the Caucasus, EBRD Kateryna Rozhkova, Deputy Governor, National Bank of Ukraine Lajos Bokros, Professor at the CEU, former Minister of Finance of Hungary Sergey Aleksashenko, economist Engin Akçakoca, former Chairman of Banking Regulation & Supervision Agency, Savings Deposit Insurance Fund of Turkey #UkrFinForum #UkrFinForum17
Views: 72 UkrFin Forum
Ukrainian MP Alexander Urbansky joins Ukraine Today to discuss some of the legislative initiatives of the Ukrainian parliament. He is a co-author and promoter of the new draft bill on inland waterways. Check out our website: http://uatoday.tv Facebook: https://facebook.com/uatodaytv Twitter: https://twitter.com/uatodaytv
Views: 225 UKRAINE TODAY
Banks are under increasing pressure from ill-advised government regulation. Will more rules lead to another financial crisis? AEI resident scholar Paul Kupiec explains what banks must do to survive the regulations that caused the Great Recession. Subscribe AEI's YouTube Channel http://www.youtube.com/user/AEIVideos?sub_confirmation=1 Like us on Facebook http://www.facebook.com/AEIonline Follow us on Twitter http://twitter.com/aei For More Information http://www.aei.org Banks vs. Feds: Will the economy survive more regulation? Third-party photos, graphics, and video clips in this video may have been cropped or reframed. Music in this video may have been recut from its original arrangement and timing. In the event this video uses Creative Commons assets: If not noted in the description, titles for Creative Commons assets used in this video can be found at the link provided after each asset. The use of third-party photos, graphics, video clips, and/or music in this video does not constitute an endorsement from the artists and producers licensing those materials. AEI operates independently of any political party and does not take institutional positions on any issues. AEI scholars, fellows, and their guests frequently take positions on policy and other issues. When they do, they speak for themselves and not for AEI or its trustees or other scholars or employees. More information on AEI research integrity can be found here: http://www.aei.org/about/ #news #politics #government #education
Views: 858 American Enterprise Institute
IOHK session RS|COIN: Cryptocurrency with central bank regulations: the RSCoin framework. IACR Summer School on Blockchain Technologies - Corfu, Greece 2016 RSCoin is an extensible minimalistic cryptographic currency developed in IOHK. It is centralised with blockchain generated in a distributed fashion. Right now it supports multiple asset tracking with coloured coins and multisig addresses. It's extremely simple to deploy RSCoin network on EC2 instances with Nixops. Work on adding cold storage functionality and many other features is in progress. — Prof. ROMAN OLIYNYKOV, Phd RESEARCH FELLOW DIRECTOR OF PROJECT VERITAS https://iohk.io/team/roman-oliynykov/ Roman Oliynykov is a Ukrainian cryptographer, IT security researcher and lecturer (professor). He graduated Kharkiv National University of Radioelectronics in Ukraine with expertise in computer engineering and security, and after further research activity got his PhD and Dr.Habil. degrees in symmetric crypto. His professional experience includes development of Ukrainian cryptographic standards: the Kalyna block cipher (DSTU 7624:2014) and the Kupyna hash function (DSTU 7564:2014). As a professor he gives lectures on software and network security, general crypto and cryptocurrencies in Ukraine, South Korea and Norway. He is also involved to training of Ukrainian cyberpolice officers. His current projects focus on flexibility and security improvements of Blockchain-based technologies. JONN MOSTOVOY CARDANO SL LEAD DEVELOPER IOHK SEROKELL | IOHK https://iohk.io/team/jonn-mostovoy/ Jonn Mostovoy loves mathematics and social sciences; he has ten years of experience in industrial programming. In the spare time Jonn likes to think about and discuss matters of societal structures and governance models, along with the matters of alternative societies and self-governing entities. In his work, Jonn Mostovoy performs duties of technical management of Serokell team, which is the core developer team of IOHK, industrial research, and programming. Jonn Mostovoy is an advocate for the wide adoption of functional programming languages, using mostly Haskell as a reasonable trade-off between industrial requirements and type system expressiveness. ARSENIY SEROKA CARDANO SL CORE DEVELOPER IOHK SEROKELL | IOHK https://iohk.io/team/arseniy-seroka/ Arseniy Seroka holds a Master Degree in Computer Science from Saint-Petersburg (Russia)National Research University of Information Technologies, Mechanics and Optics (ITMO). He was studying Haskell since 2nd year of university, has high and professional theoretical and practical skills. Arseniy teaches functional programming to the students of his university. He is also the Co-Founder and CEO of Serokell, a software company in which the main emphasis is on the use of Haskell and other functional languages and technologies.This company now successfully collaborates with IOHK. -- Github for RSCoin: https://github.com/input-output-hk/rscoin-haskell -- Filmed at IOHK & IACR Conference Corfu 2016. IOHK was founded in 2015 by Jeremy Wood and Charles Hoskinson, IOHK is a Hong Kong-based technology company committed to using peer-to-peer innovations to provide financial services to the three billion people who don’t have them. We are an engineering company that builds cryptocurrencies and block chains for academic institutions, government entities and corporations. We are a decentralized company that loves small innovative teams forming and executing ideas that cause cascading disruption. For more information see iohk.io
Views: 2195 IOHK
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Views: 2 Anon News Feed
#UkrFinForum17 Ukraine’s capital market infrastructure and financial instruments for the domestic market Moderator: Ruslan Magomedov, Senior Project Manager of the Project “Capital market infrastructure development and consolidation” Oleg Churiy, Deputy Governor on the National Bank of Ukraine Yuriy Butsa, Deputy Minister of Finance of Ukraine Dmytro Tarabakin, Commissioner, National Securities and Stock Market Commission Mindaugas Bakas, CEO at National Depository of Ukraine Dmitry Maslovsky, fixed income development manager, Bloomberg Hannes Takacs, Associate Director, Local Currency and Capital Markets Development, EBRD Konstantin Stetsenko, Managing Partner, ICU #UkrFinForum
Views: 67 UkrFin Forum
Standard & Poor's believes that the eventual publication of the list of systemically important Russian banks might impact sector's regulatory and competitive environment, although without immediate impact on the banks' ratings. In this CreditMatters TV, ratings specialist Yulia Kozlova discusses potential consequences of the publication of this list.
Views: 621 S&P Global Ratings
Ch 3. Reacting to Regulation - Transaction Banking in the Modern World
Views: 327 The Banker
Marko Milić - Open Bank Project: Open source, open data, global banks, Scala and transparency. How did that happen? (Lightning Talk) ScalaUA2018 When Open Bank Project was first pitched to a Berlin tech conference in Feb 2010, people liked the idea of easier programmatic access to bank accounts and greater financial transparency - but they questioned what regulators would think. Now, with PSD2 regulation coming into force, Open Banking is starting to become a reality in Europe and beyond. In this talk, I’ll describe how a bootstrapped Berlin based startup used Open Source, Scala, singing banks, synthesisers and hackathons to become a supplier to some of the largest banks around the world and influence government policy. I’ll demonstrate the Scala / Lift Web based Open Bank Project APIs, API Explorer and other components and touch on how we use Kafka and Akka to connect to core banking systems. Marko Milić - https://github.com/constantine2nd Next ScalaUA Conference - March 29-30, 2019 in Kyiv, Ukraine. The Scala-Community-driven conference for developers https://scalaua.com Webinar.ScalaUA https://webinar.scalaua.com is a training platform for improving participants’ skills in Scala and JVM.
Views: 571 Scala UA
Ukraine Today is joined by Jerome Vacher, the International Monetary Fund Resident Representative to Ukraine, to discuss the most recent work of the IMF Mission in Ukraine. ‘We had a very good cooperation with the NBU [National Bank of Ukraine]. As I have mentioned, we have seen tremendous progress on bank supervision in particular. But we have also seen that the institution was able to transform and reform itself. Basically, to become a modern central bank.' 'Typically the work of our review is twofold. First, is a backward looking – the performance of the economy and a number of indicators that allow us to assess the policies. For example, on the fiscal side or the monetary policy side. And the forward looking element, which is aimed at understanding of the commitments that the authorities are ready to take and what type of policies they envisage for the future. And, in the end, whether we would be in the position to support this policies going forward.' Check out our website: http://uatoday.tv Facebook: https://facebook.com/uatodaytv Twitter: https://twitter.com/uatodaytv
Views: 248 UKRAINE TODAY
Topic: «A new system of currency regulation - when will the freedom of operations begin?» Emal Bakhtari, head of projects and programs of the National Bank of Ukraine Denis Dovgopoly, co-founder and managing partner of «GrowthUP Group» Taras Kachka, strategic advisor to the «Renaissance» International Foundation Igor Olekhov, partner of «Baker McKenzie», co-chairman of the financial and banking committee of American Chamber of Commerce Maria Repko, deputy executive director of the Center for Economic Strategy Moderator: Roman Shpek, chairman of the board of the Independent Association of Ukrainian Banks
Views: 22 Ukraine Crisis Media Center
Columbia Business School's Charles Calomiris discusses banking crises, government intervention, and the free market. Subscribe to the Tom Woods Show: http://www.TomWoodsRadio.com http://www.TomWoods.com http://www.FragileByDesign.com http://www.RonPaulHomeschool.com http://www.LibertyClassroom.com
Views: 2396 TomWoodsTV
Since emerging nine years ago on the streets of San Francisco, the edgy digital disruptor has upended an entire industry business model and made ride sharing cool. But Uber's ride to success has been far from smooth. Behind the slick marketing an aggressive corporate culture has been at work. Using sophisticated cyber weaponry, the company has deployed an astonishing array of tools enabling it to dominate the ride-sharing game. Four Corners has been given access to its global tech hub, where engineers are working on everything from electric scooters to flying taxis. As Uber prepares for its first public share offering, Four Corners investigates how the company has been outfoxing regulators and outmuscling its competitors around the world. Read more about Uber here: ab.co/2O8i3mt Watch more Four Corners investigations here: https://bit.ly/2JbpMkf You can also like us on Facebook: https://www.facebook.com/abc4corners/ Follow us on Twitter: https://twitter.com/4corners And sign up to our newsletter: www.abc.net.au/4corners/newsletter/
Views: 233030 ABC News (Australia)
Participants: Taras Yeleiko, Head of Consolidated Sales, Deposit Guarantee Fund Yulia Kostetska, Head of Sekretariat for Financial Restructuring Elena Bezkrovna, Head of NPL and Restructurization, Oschadbank Oleksandr Vyhovskyy, Partner, Quantum Attorneys Moderator: Tamas Hak-Kovacs, CEO, OTP Bank Ukraine Round Table Topics: - Why is NPL reduction important (if they are already provisioned for)? (Почему важно сокращение неработающих кредитов (если резервы под них уже созданы)?) - We will discuss the NPL situation in Ukraine. There is a concept in the literature called “bad management” versus “bad luck”, I would like to discuss which applies to us. (Мы обсудим ситуацию с просроченной задолженностью в Украине. В литературе есть понятие под названием «плохое управление» или «неудачи», я хотел бы обсудить, что относится к нам.) - Let’s discuss the instrument “Financial restructuring”, why is this needed, who should use it, why do or don’t they? (Давайте обсудим инструмент «Финансовая реструктуризация», зачем он нужен, кто должен его использовать, почему да или почему нет?) - What could be the reasons why NPL reduction is such a slow process (competencies, capital, regulation, taxation, etc.)? (Какие могут быть причины, по которым сокращение неработающих кредитов является таким медленным процессом (компетенция, капитал, регулирование, налогообложение и т. д.)?)
Views: 35 All Kriek
The European Union has revealed the names of five Russian banks it is sanctioning over what the 28-nation bloc decries as Moscow's meddling in Ukraine. The sanctions limit access to European capital markets for the banks, in which the Russian state holds a majority stake. The lenders are Russia's largest bank, Sberbank, Gazprombank, Rosselkhozbank, VEB and VTB bank. The sanctions were first announced Tuesday, but the names of the targeted firms were only released Thursday. The regulation says it will be "prohibited to directly or indirectly purchase, sell, provide brokering or assistance in the issuance" of debt instruments with a maturity of over 90 days. Russia's state-owned banks last year issued debt worth 15.8 billion euros. About half of that, or 7.5 billion euros, was placed on European markets. http://news.yahoo.com/eu-identifies-5-russian-banks-sanctioning-153841911.html http://www.wochit.com
Views: 61 Wochit News
This is the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish The British bank Standard Chartered agreed to pay $340 million to a United States financial regulator in August. The agreement was to settle charges that the bank illegally hid financial business with Iranian interests. The wording of the agreement notes that the financial business in question amounted to at least $250 billion.Standard Chartered said it "strongly rejects" the charges. The bank said it will fight efforts to withdraw its license to do business in New York, an important financial center. Standard Chartered is Britain's fifth largest bank. New York state's top bank regulator accused the bank of being a "rogue institution" from 2001 to 2010. The regulator said the bank made hundreds of millions of dollars in fees from about 60,000 financial exchanges with Iranian financial institutions. The reported exchanges were made through the bank's New York offices. One official said the dealings exposed the United States banking system to terrorists, illegal drug traffickers and rogue states. The United States Federal Bureau of Investigation is carrying out a criminal investigation. Other United States regulators also have opened investigations and are not part of the settlement.United States law has tightly controlled financial dealings with Iran since 1979. That year, 52 Americans were taken hostage in Tehran for 444 days. But western concerns about Iran's possible nuclear program are central to the case. Bank expert Bert Ely told VOA that the investigation is part of an effort by several Western countries to limit Iran's nuclear program. They accuse Iran of trying to develop a nuclear weapon.He said enforcement of the Bank Secrecy Act and other laws is part of an effort by financial officials to cut off money flows to Iran. This is to make it as difficult as possible for Iran to sell its oil around the world and to buy equipment and parts for nuclear enrichment activities. Standard Chartered is not the only British bank that has faced fines recently. Barclays agreed to pay fines of about $450 million dollars to American and British officials in July. Barclays is one of 18 banks that set an important measure of borrowing costs for banks, the London Interbank Offering Rate, or LIBOR. Officials said Barclays lied to them about its interest costs. This made the bank appear stronger than it was. But LIBOR is used to set many interest rates paid by millions of people around the world. For VOA Special English, I'm Mario Ritter. (Adapted from a radio program broadcast 17Aug2012)
Views: 33319 VOA Learning English
Russia woke up to a financial shock on Monday as the rouble fell to an historic low against the dollar. Within the first minutes of trading Moscow's stock markets lost around 9% of their value. It comes after Russian troops took de facto control of Ukraine's Crimea region over the weekend. Foreign investors were quick to pull their money out of the country fearing a war and talk of international sanctions. Economists are predicting that this could tip the Russian economy into recession. In response Russia's Central Bank announced an increase of interest rates by 1.5%. Deputy Economy Minister Andrei Klepach told Reuters news agency that the 'hysteria' would pass, but admitted that relations with the European Union and the US would be 'complicated'. The reverberations were also being felt in Frankfurt and elsewhere, as European shares were down by 1.7% in early trading.
Views: 42 current news
Jan. 29 (Bloomberg) -- Andrei Kostin, chief executive officer of VTB Group, Russia's second-largest bank, talks with Bloomberg's Francine Lacqua about proposed changes to financial industry regulation. They speak at the World Economic Forum's annual meeting in Davos, Switzerland.
Views: 116 Bloomberg
Like it! Donate BTC: 3E97fQKvrYYrkQMK6sYDpnx3hkazMP6ZFt Recorded by Sergey Kozlov at 2nd International Banking Conference & Exhibition, Kyiv, Ukraine (4 June 2013). Where I work - LinkedIn: http://ru.linkedin.com/in/kozlovsergey What I like - Facebook: http://www.facebook.com/sergey.a.kozlov What I'm doing - Twitter: http://twitter.com/Kozlov_Sergey For family photos - Odnoklassniki: http://www.odnoklassniki.ru/kozlov.sergey For those who - VKontakte: http://vk.com/sergey.a.kozlov Where I am - foursquare: http://ru.foursquare.com/kozlov_sergey Google+ - http://plus.google.com/+SergeyKozlov My Website - http://www.skozlov.com
Views: 795 Sergey Kozlov
View all the speakers here http://www.iiea.com/banking-union-conference The European Commission's proposal for a Banking Union, originally presented on 6 June 2012 and 12 September 2012, represents a profound structural and regulatory change to the European banking sector, and is one of the most widely debated solutions to the current financial crisis. Over the past year, the EU has acted decisively to address the systemic issues in European banking, but more remains to be done. The recent introduction of the Single Supervisory Mechanism (SSM) and the allocation of new powers to the European Central Bank (ECB) will radically change the pre-existing pan-European supervisory regime, and the adoption of the Capital Requirements Directive will usher in a new era of regulation for European banks. However, the question of bank recovery and resolution, as well as the proposed Single Resolution Mechanism, remains the subject of intense debate. Key topics at this conference, which was held in association with McCann FitzGerald and supported by KMPG included: • The main pillars of the Banking Union • Crisis management in the EU • The future shape of banking in Europe • The future role of central banks • Corporate governance • Bank recovery and resolution • Relevant legislation and proposals, including the Bank Recovery and Resolution Directive, the Single Resolution Mechanism and Deposit Guarantee Schemes For the financial services industry, the policy-community and taxpayers, the stakes at play in completing the Banking Union could not be higher. The Banking Union will not only determine the future shape of the European banking sector, but the future stability of the Eurozone as a whole. The IIEA is grateful for the support of McCann FitzGerald and KPMG for this conference. Jens Lundager, Head of Financial Markets at Danmarks Nationalbank View all the speakers here http://www.iiea.com/banking-union-conference
Views: 205 IIEA1
MEPS grill candidate for the head of the Eurozone's banking regulator, vote to stamp out wildlife crime and take keen interest in Vilnius Eastern Partnership Summit. Comment on: Google + http://tinyurl.com/orh99s6 Facebook http://www.facebook.com/europeanparliament Twitter https://twitter.com/Europarl_EN EuroparlTV video ID: d691d2fa-73ca-4aa7-82bd-a2840122cda8
Views: 298 European Parliament
Lord Harrison, Chair of the Committee, discusses the report into the EU financial regulatory framework. For more information please visit http://www.parliament.uk/hleua
Views: 633 House of Lords
Russia′s financial regulator has denied speculation that it plans to slap banking restrictions against 41 mostly Western countries， including some that sanctioned Russia for its role in the Ukraine crisis. The denial came after a report emerged on Monday which said Moscow would begin exerting special control over banking operations of citizens and companies in countries that imposed sanctions against Russia. Those countries supposedly included the U.S.， Canada， the EU and Australia， as well as other nations that didn′t impose sanctions on Russia like Iran， Syria， and even， North Korea.
Views: 102 ARIRANG NEWS
Mark Mullen, Chief Executive, First Direct, Giles Andrews, CEO, Zopa, Jamie West, Director of AdSmart and Commercial Development at Sky Media, BSkyB and Marion King, President UK & Ireland at MasterCard discussing competition in the banking sector at the 5th Annual Brand Finance Banking Forum 2014. For more info, check: http://www.brandfinance.com/
Views: 552 Brand Finance
PERI Economist Gerald Epstein says U.S. banks won't be able to endure another shock to the global economy, and expect to be bailed out when the next crisis hits See more videos: http://therealnews.com
Views: 3535 The Real News Network
For more information log on to http://www.channelstv.com
Views: 85 Channels Television
Our lead story: Erin talks net neutrality. Netflix CEO Reed Hastings called for rules that ensure that big broadband providers like Comcast can't charge companies like Netflix a fee to connect directly to their networks. What do you think? Erin gives you the details. For our interview today, we invite economist Steve Keen to talk about some bold assertions made by the Bank of England about how money is created. Turns out that your economics textbook on banking was wrong: there is no money multiplier in this story. To round out the week, check out Edward Harrison and Erin's discussion of the viewer feedback, or "Accrued Interest," the Boom Bust team has received over the week. Check us out on Facebook: http://www.facebook.com/BoomBustRT https://www.facebook.com/harrison.writedowns https://www.facebook.com/erinade2020 Follow us @ http://twitter.com/ErinAde http://twitter.com/edwardnh
Views: 5874 Boom Bust
Alastair Hudson explains how share trading and the need for securities regulation originated in the coffee shops and alleyways of the City of London. Securities regulation is the regulation of information, at present, which is a result of securities trading having always been based on gossip and the sharing of information. This leads directly to the insider dealing and market abuse regulation of the 21st century.
Views: 2102 profalastairhudson