The Bank of Russia has set stricter restrictions on lending to borrowers with a high debt burden and has also increased macroprudential surcharges on non-targeted consumer loans secured by vehicles

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Банк России установил макропруденциальные лимиты (МПЛ) по необеспеченным кредитам и займам на I V квартал 2024 года. МПЛ направлены на ограничение кредитования заемщиков с высокой долговой нагрузкой и искусственного удлинения срока кредитов (займов). Меры позволят ограничить закредитованность граждан и накопление банками повышенных рисков. Также с 1 ноября повышены надбавки по нецелевым потребительским кредитам с залогом транспортного средства, чтобы ограничить обход МПЛ банками. Совет директоров Банка России при принятии этого решения исходил

Continue ReadingThe Bank of Russia has set stricter restrictions on lending to borrowers with a high debt burden and has also increased macroprudential surcharges on non-targeted consumer loans secured by vehicles

FDIC Makes Public July Enforcement Actions

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An official website of the United States government The .gov means it’s official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site. The site is secure. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted

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APRA releases Monthly Authorised Deposit-taking Institution Statistics for July 2024

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The Australian Prudential Regulation Authority (APRA) has released its Monthly Authorised Deposit-taking Institution Statistics (MADIS) publication for July 2024. Copies of the July 2024 monthly publication are available on the APRA website at: Monthly Authorised Deposit-taking Institution Statistics publication.

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APRA releases 2024 superannuation performance test results

The Australian Prudential Regulation Authority (APRA) has released the results of the 2024 superannuation performance test.    The annual performance test is designed to increase industry transparency and improve member outcomes by assessing the long-term performance of superannuation products against tailored benchmarks, with consequences for those that fail.    This year’s test evaluated the performance

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NCUA Prohibits One Individual from Participating in the Affairs of Any Federally Insured Depository Institution

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NCUA Prohibits One Individual from Participating in the Affairs of Any Federally Insured Depository Institution ALEXANDRIA, Va. (Aug. 30, 2024) – The National Credit Union Administration in August 2024 permanently prohibited one individual from participating in the affairs of any federally insured depository institution. Prohibition Order: Luz Araceli Davila-Hernandez, a former employee of Magnifi Financial

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