Bank of Russia
Loss of ruble volatility waiver costs UniCredit €2.2bn in RWAs
Lender forced to capitalise FX risk from Russian operations after ECB withdraws key exemption
Sanctions threaten top pension funds’ Russia assets
Top global pension funds might dump Moscow-linked holdings in response to Ukraine invasion
Russian banks draw over 3trn rubles at 1-day repo auction
Country’s central bank allotted full amount on offer, the highest amount since 2014
Op risk data: In fewer reg fines, US took its lumps in 2020
Also: Retro Russian embezzlement fines; Barclays slapped for lack of forbearance. Data by ORX News
Transneft quits OTC market after settling $1bn swaps case
Russian market participants edgy after settlement leaves disclosure duties unclear
Sberbank appeal win will help Russian swaps market – lawyers
Moscow court’s ruling in $1.1bn dispute sends “very positive signal”, but fears of similar cases remain
Russian central bank slams ruling in $1bn Sberbank swaps case
Lawyers say shock court judgement in ruble options dispute “puts hundreds of contracts at risk”
Cyber assault on Russian banks mirrors Swift attacks
‘Advanced persistent threat’ attacks threaten wholesale payment networks
Rosbank: "This crisis appears very different from where I am sitting"
Russian bank's trading head says political crisis has not spilled into local markets
Alfa-Bank's Philip Halperin: Building risk management in a transition economy
Adventures in Wonderland
Russia targets CLS inclusion by 2015
Settlement risk in Russia's ruble is preventing the currency realising its global ambitions
Playing catch up
With extreme volatility and liquidity concerns hitting Russia in the second half of 2008, large cracks were exposed in the country's bank risk management practices. Alexey Simanovsky, director of banking regulation and supervision at the Bank of Russia,…
Q&A: Russia's chief bank supervisor explains Basel II delays
Alexey Simanovsky, director of banking regulation and supervision at the Bank of Russia, updates Risk on Basel II compliance and other risk management issues affecting the local market.
Russia opens up
Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports