Russia to issue Crimea banknote

Banknotes, News

The Central Bank of Russia has announced that it plans to issue a banknote dedicated to Crimea by the end of 2014. This was announced during a banking conference held in St Petersburg on Wednesday 2 July 2014 “We plan to issue a banknote dedicated to Crimea, but it will be a banknote of the…

Singapore 10 000 image

Singapore to stop issuing $10,000 banknote

Banknotes, Currency, News

It was announced yesterday by the Monetary Authority of Singapore (MAS) that they will stop issuing $10,000 banknotes (£4,694) from 1st October 2014 in a bid to increase anti-money laundering controls. The comments were made yesterday during a Keynote Address at the ABS Financial Crime Seminar by Mr Ong Chong Tee, Deputy Managing Director (Financial…