Russia’s upper house ratifies BRICS development bank agreementThe Federation Council, the upper house of Russia’s parliament, on Wednesday ratified an agreement regarding a bank for the development of the BRICS countries.11:23 25.02.2015
HSBC suspected of laundering money for dictators, drug and arms dealersThe International Consortium of Investigative Journalists (ICIJ) claims that the Geneva branch of one of the world’s biggest banks, HSBC, kept secret accounts of criminals, including drug and arms dealers.10:16 09.02.2015
Russian parliament to consider temporary freeze of foreign currency mortgage paymentsVladimir Gutenev, First Deputy Chairman of the State Duma Committee for Industry, presented a bill that proposes a temporary freeze of foreign currency mortgage payments.12:47 06.02.2015
Russian lawmaker wants Prosecutor General’s Office to oversee Central BankYevgeny Fyodorov, a United Russia lawmaker and member of the State Duma's Budget and Tax Committee has drafted a bill authorising the Prosecutor General’s Office to oversee the stability of the ruble as well as consistency of the Central Bank’s monetary policy.11:17 04.02.2015
Bill to ban private foreign currency loans reaches Russian parliamentMP Andrei Ozerov (A Just Russia) has submitted a bill to the State Duma to prohibit the issuance of foreign currency loans to private individuals.17:38 28.01.2015
Russian lawmaker proposes curbing foreign currency mortgagesVladimir Gutenev, a State Duma lawmaker and member of the ruling United Russia party, has submitted a bill for consideration that introduces a temporary ban on collection of mortgage debts in foreign currency.11:23 28.01.2015
Russian regulator urges banks to review foreign currency mortgage terms - reportThe Central Bank has recommended that banks review the terms of foreign currency loans issued before January 1, 2014 to adjust the exchange rate to October 1, 2014 (about 40 rubles to the dollar).09:59 26.01.2015
Russian national accused of bribery to stand trial in US in MarchDual citizen of Russia and Germany, Dmitry Harder, accused of bribery in the U.S. is set to face trial in Philadelphia on March 5, according to the records of Eastern District Court of Pennsylvania obtained by RAPSI on Friday.16:41 23.01.2015
Russia's Constitutional Court rules against homeowners over mortgage disputeRussia's Constitutional Court ruled that a federal law ordering a debtor to hand over property to a bank with which he had a mortgage is not in breach of the Constitution.14:24 19.01.2015
Dismissal of Russian national’s suit against MasterCard upheldThe Moscow City Court on Friday upheld the dismissal of a lawsuit filed by Russian national Alexander Moskovkin against MasterCard, which blocked his card after the US imposed sanctions on Russian officials and several Russian banks over the situation in Ukraine.16:12 16.01.2015
Putin signs law raising deposit insurance to 1.4 million rublesPresident Vladimir Putin on Monday has signed a federal law raising deposit insurance to 1.4 million rubles ($25,000) if a bank fails.12:23 29.12.2014
Russian MP proposes new measures to curb suspicious bank transactionsState Duma lawmaker Oleg Mikheyev has proposed changing guidelines for the banks dealing with transactions that appear to be suspicious.11:34 26.12.2014
Ukrainian ex-president Yanukovich claims he had no bank accounts abroadFormer president of Ukraine Viktor Yanukovich announced in his Wednesday interview with Argumenty I Fakty daily, that he never had bank accounts abroad and denied any involvement in corrupt activity.12:10 24.12.2014
State Duma allows deposit insurance regulator to buy stable bank sharesThe State Duma has adopted amendments that would allow the Deposit Insurance Agency (DIA) to buy shares of banks that are members of the deposit insurance system.16:29 23.12.2014
Russian security officials prohibited from opening foreign accountsPresident Vladimir Putin has signed a law to extend the list of officials who are prohibited from having foreign accounts and storing money and valuables in foreign banks to include officials whose decisions concern national security.13:56 23.12.2014
State Duma passes bill raising deposit insurance to 1.4 mln rublesThe State Duma, the lower house of Russia's parliament, has adopted in the second and third readings a bill raising deposit insurance from 700,000 to 1.4 million rubles (about $23,500).16:04 19.12.2014
Russian lawmakers consider measures halting mortgage rates increaseA bill aimed at halting mortgage rates increase amid rouble crisis could be submitted soon to the lower house of parliament, or the State Duma, according to Oleg Nilov, a lawmaker for the Just Russia party.12:24 19.12.2014
Russian billionaire Gleb Fetisov to remain in detention until FebruaryThe Moscow City Court has ruled on Wednesday to keep in detention billionaire Gleb Fetisov, who stands charged with embezzling more than 6 billion rubles ($98 million) from a bank he owned.15:28 17.12.2014
Russian senator calls for inquiry into Central Bank after ruble's collapseSenator Yevgeny Tarlo has proposed to launch an inquiry into the recent measures taken by the Central Bank to halt the ruble’s record decline.11:38 17.12.2014
Russian business ombudsman criticizes key interest rate raise to 17%Business ombudsman Boris Titov slammed the decision of the Central Bank of Russia to raise the key interest rate to 17% to prevent rouble’s collapse.10:38 16.12.2014