MOSCOW, April 22. /TASS/. Many countries will soon connect to the System for Transfer of Financial Messages (SPFS), Russian equivalent of SWIFT, Anatoly Aksakov, head of the State Duma Committee ...

For the first time, the EU imposed a transaction ban on foreign financial institutions using Russia’s financial messaging system, SPFS, while also expanding restrictions on 13 key regional banks.

TASS/. The Bank of Russia expects that the number of countries participating in the Financial Messaging System (SPFS) will reach 18, the regulator said on Friday. The regulator noted that by the ...