Non-qualified investors will be allowed to trade under testing requirements and limits capped at roughly 300,000 rubles (around $3,800) per year, while market participants will have until July 1, 2027, to enter the official registry. Russia’s complicated crypto history The developments follow years of resistance from the Bank of Russia. In January 2022, the central…
Islamic finance across the Middle East and Africa is entering a new phase of maturity, as sukuk markets diversify beyond sovereign issuance, banks compete to serve a generation of digitally native clients, and providers look to Shariah-compliant structures to bridge Africa’s SME funding gap. Read on to discover how local currency issuance is reshaping GCC…
The Securities and Exchange Commission today issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies. The request focuses on ways to facilitate innovation in the ETF space while protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. “Innovation…
Inland Real Estate Group sold Westlink at Oak Station at 1665 Pierson St. in Lakewood for $71.5 million. Inland bought the property in 2016 for $63 million. Amenities at the community include a pool and hot tub, fitness and business centers, and a clubhouse. The acquisition was facilitated by CBRE’s Denver Multifamily team, which was led…
McCalla Raymer Leibert Pierce, LLP (MRLP) has announced that it has merged with Scott & Corley, P.A., a South Carolina-based company, on July 1, 2026. This operational alliance broadens MRLP’s geographic reach and enables the company to provide all of its legal services in South Carolina. Scott & Corley, P.A. has a long history of…
Local residents walk past burning garages outside a residential building following a Russian missile strike on the Ukrainian capital of Kyiv on July 6, 2026, amid the Russian invasion in Ukraine. Genya Savilov | Afp | Getty Images The long-running Russia-Ukraine war appears to have entered a new phase after major developments over the weekend…
Nearly three-quarters of the banks that participated in both the 2025 and 2026 Dodd-Frank Act stress tests (DFAST) would have been worse off if the Federal Reserve’s proposed averaging reform had been in place, Risk Quantum analysis shows. The proposal, published on April 17, 2025, would alter the calculation of the stress capital buffer (SCB)…
Key Takeaways If you don’t use your credit card, your issuer may consider your account inactive and close it. However, a closed credit card account can negatively impact your credit score, by increasing your credit utilization ratio and reducing the length of your credit history. If you keep an unused credit card open, monitor the…
Mat Ishbia, UWM’s president and CEO, had made clear in May that he viewed the outcome as a win for UWM either way. Speaking to Mortgage Professional America at UWM Live in Pontiac, Michigan on May 14, he said what UWM found during due diligence changed the whole picture. “I originally did a deal, thought…
In October 2024 the servicer sent a flood insurance notice, but the borrower says the link she needed to upload her proof was buried in small print at the bottom of the page. On November 18, 2024, Shellpoint force-placed a flood policy and began drawing the premium from her escrow. She says she found the link that same…