... Russian economy, exerting a considerable impact on cash flows and lending. They provide systemic stability because a crisis involving these banks could lead to serious issues for the economy as a whole. What Additional Oversight Is Implemented for SICIs? Banks recognized as systemically important are required to adhere to stricter regulations and requirements imposed by the Central Bank. Such requirements include: Additional Capital Requirements — Banks must maintain a higher level of capital to minimize the risk of capital ...

... allows banks to gradually accumulate additional capital, improving their ability to withstand potential crises and reducing the likelihood of widespread defaults. Crisis Prevention. The countercyclical buffer is a preventive measure that prepares the banking system in advance for possible external and internal shocks, such as economic fluctuations, a drop in oil prices, geopolitical events, and so on. Comment from Sergey Tereshkin, Entrepreneur and Founder of Open Oil Market “As an entrepreneur, I view ...

... the potential to transform the financial system by simplifying transactions, increasing liquidity, and making financial markets more accessible to a diverse range of participants. One of tokenization's most notable features is its ability to create a system that functions without traditional intermediaries, like banks. By enabling direct transfers between parties, tokens can reduce transaction costs and accelerate settlement processes. Key Applications of Tokenization Digital Currencies and Central Bank Digital Currencies (CBDCs) In recent years, central banks ...

... global dedollarization. The implementation of regional currencies may affect the value and liquidity of trade operations in Africa. #Dedollarization #USD #FX #Africa #Investments Turkey Strengthens Dedollarization Through Transition to Internal Payment System TROY Turkish state banks have decided by default to issue cards of the internal payment system TROY, replacing Visa and Mastercard. This applies to both the issuance of new cards and the replacement of existing ones. Furthermore, all social payments will be conducted through ...

... Pavlov’s Reforms, 1991: Restrictions on cash withdrawals and temporary freezing of savings accounts were introduced. Inflation soon eroded the value of these deposits, devastating household finances. These cases show that, despite a seemingly stable banking system, deposit freezes have been used as an emergency economic measure. Global Examples of Deposit Freezes Deposit freezes are not unique to Russia. International examples include: Cyprus, 2013: Amid a banking crisis, the government temporarily froze ...