More: Banking
Getting around sanctions with crypto-rial
In April 2018, the Central Bank of Iran banned domestic banks and people from dealing in foreign cryptocurrency because of money laundering and financing...
Iran: Currency reconversion not a turning point in economic reformation
One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of banking system and reformation of monetary...
American (And Global) Oligarchy Rapidly Moving Towards Monarchy
Many people do not realize that the proverbial “noose” of civil rights, civil liberties and property rights are rapidly coming to an end, in...
FATF member countries: The very center of money laundering
While Iranian Foreign Minister Mohammad Javad Zarif asks for joining FATF (The Financial Action Task Force on Money Laundering), it is obvious that the...
How to finance Asia’s infrastructure gap
Asia’s countries famously need to invest trillions of dollars a year to provide infrastructure required to keep traffic flowing, ports trading, and factories humming....
Asia Needs a Region-Wide Approach to Harness Fintech’s Full Potential
Asia’s policy makers should strengthen cooperation to harness the potential of new financial technologies for inclusive growth. At the same time, they should work...
The Bali Fintech Agenda: A Blueprint for Successfully Harnessing Fintech’s Opportunities
The International Monetary Fund and the World Bank Group today launched the Bali Fintech Agenda, a set of 12 policy elements aimed at helping...
Could Malaysia’s Political Feuds Let the 1MDB Scandal’s Architect Through the Cracks?
From gifting Basquiat paintings to Leonardo di Caprio to pouring millions of dollars in champagne over himself and Paris Hilton, allegations of outrageous exploits...
AI Creating Big Winners in Finance but Others Stand to Lose as Risks Emerge
Artificial intelligence is changing the finance industry, with some early big movers monetizing their investments in back-office AI applications. But as this trend widens,...
Can the US make Iran sanctions stick?
Recent Iranian trade figures suggest that the United Arab Emirates, a strong backer of US efforts to squeeze Iran economically, could emerge alongside China...