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Brokerage operations of banks in their accounting

The securities market is similar to the market of any other commodity, but it also…

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Cayman Islands introduced new legislation to protect personal information

The Cayman Islands, like many other small island states whose main income is provided by…

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7 countries for offshore banking, which should avoid Russian-speaking immigrants from the United States

There may be a false opinion that once you are Russian, Ukrainian, Belarusian, or a…

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How can a non-resident open an account in Europe without visiting a bank?

Today, a foreign bank account in a country with a reliable and well-organized banking system…

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local authorities

World banking systems

In world practice there are the following banking systems:
1) two-level: 1st level – Central Bank, 2nd level – commercial banks;
2) a decentralized banking system of the United States – the US Federal Reserve;
3) centralized state banking system of command economies (USSR and other former and present socialist countries). Continue reading →

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Formation of approaches to the functioning of the bank in the context of sustainable development

The world community is unanimous about the need to make changes in the functioning of…

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