November 21, 2024
Fixed Assets

Financial institutions to report cash transactions above 750 euros to SRS

The State Revenue Service (SRS) will receive information from credit institutions and payment service providers on cash transactions at ATMs above 750 euros per transaction, reports the Ministry of Finance (MoF). The Ministry also points out that this requirement will not apply to purchases made in shops, therefore the shop will not have to report

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Financial Assets

PBOC Starts Bank Stress Tests to Avoid Stampede Out of Bonds

(Bloomberg) — China has initiated stress tests with financial institutions on their bond investments, to make sure they can handle any market volatility should a record-breaking rally reverse, according to state-run media. Most Read from Bloomberg The People’s Bank of China has made a gradual start to the tests recently, wary that a bull run

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