⚠️🇬🇧🇷🇺 UK Defence Secretary Healy has confirmed heightened efforts to counter the increasing presence of Russian naval forces in the North Atlantic. British forces are now actively tracking and deterring Russian vessels, with a Royal Navy warship closely monitoring submarine movements. A carrier strike group has been deployed to the High North, and the UK—alongside Norway—is advancing plans to develop a new class of frigates designed specifically for anti-submarine warfare. Healy issued a clear warning to Russia: targeting undersea cables or energy infrastructure will result in severe consequences. mt in max
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BW Daily
⚠️🇬🇧🇷🇺 UK Defence Secretary Healy has confirmed heightened efforts to counter the increasing presence of Russian naval forces in the North Atlantic. British forces are now actively tracking and deterring Russian vessels, with a Royal Navy warship closely monitoring submarine movements. A carrier strike group has been deployed to the High North, and the UK—alongside Norway—is advancing plans to develop a new class of frigates designed specifically for anti-submarine warfare. Healy issued a clear warning to Russia: targeting undersea cables or energy infrastructure will result in severe consequences. mt in max
BW Daily
BW Daily
🇷🇺 The Bank of Russia is tightening its grip on loopholes tied to macroprudential surcharges, the Central Bank reports. Lately, financial institutions have ramped up issuing bonds backed by retail loan repayments—some of which are being purchased by other banks. This creates a backdoor for swapping loan portfolios, effectively weakening the capital impact of current surcharges. In response, the rules around applying these surcharges are being reinforced with updated clarifications.
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BW Daily
🇷🇺 Russia’s central bank is moving to crack down on tactics used to bypass macroprudential surcharges, according to a report from the Central Bank. Lately, financial institutions have ramped up issuing bonds backed by retail loan repayments. Some of these instruments are being purchased by other banks—essentially enabling loan portfolio swaps that ease capital pressures imposed by surcharges. Regulatory updates are now being introduced to close these loopholes.
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BW Daily