The Chart of Accounts (COA) is the backbone of the financial system. It provides the organizing framework for both financial and management reporting within the financial system. The COA structure is ...

Indeed there would be. VTB’s shop front in the City of London kept busy for years (and briefly employed your correspondent). Russia’s invasion of Ukraine in 2022 finally prompted severe enough ...

On May 22, 2024, the U.S. House of Representatives passed H.R. 4763, the "Financial Innovation and Technology for the 21st Century Act" (FIT21), marking an important moment for the U.S. digital asset ...

Treasury Secretary Scott Bessent wants to overhaul a federal regulatory group, launched following the 2008 housing bust, that is tasked with safeguarding the U.S. financial system. The 15-member panel ...

The Treasury secretary said the Financial Stability Oversight Council would shift focus from “prophylactic” policies to a more deregulatory approach. Treasury Secretary Scott Bessent has taken steps ...

This course aims to help participants better understand financial inclusion and teaches how a systemic approach can help make financial services markets more inclusive. This self-paced course is ...

Sub-Saharan Africa has shown significant growth in financial inclusion over the past decade, much of it driven by mobile money account adoption. The region continues to work on promoting more overall ...

Decentralized Finance (DeFi) is likely to have a significant impact on how banks operate in the future – and even has the potential to shift the structure of the whole financial system at a ...

Extraordinary policy measures have eased financial conditions and supported the economy, helping to contain financial stability risks. Chapter 1 warns that there is a pressing need to act to avoid a ...

COP27 talks strike deal on helping poorer countries Delegates seek broader reform of financial system World Bank risk-taking in focus for many countries SHARM EL-SHEIKH, Egypt, Nov 21 (Reuters) - A ...