International

    AML / KYC

    IMF Publishes Guide to Beneficial Ownership Transparency

    By Editors | 18/10/2022

    Despite guidance issued by the FATF over the years, effective implementation of beneficial ownership requirements is still a challenge for many countries, says the IMF’s Bo Li.

    Securities / Derivatives

    CME Group to Launch USD-denominated TOPIX Futures

    By Editors | 18/10/2022

    The new contract is designed to complement the existing JPY-denominated TOPIX futures contract launched in February 2018.

    Market Infrastructure

    FSB Proposes to Standardise Global Cyber Incident Reporting

    By Editors | 18/10/2022

    The FSB also proposes to develop a common format for cyber incident reporting, to promote global convergence and better communication among authorities.

    Crypto / Digital Assets

    Tether Eliminates Commercial Paper from Stablecoin Reserves

    By Manesh Samtani | 15/10/2022

    “Reducing commercial papers to zero demonstrates Tether’s commitment to backing its tokens with the most secure reserves in the market,” the company said.

    AML / KYC

    Glencore Facing Investor Lawsuits Following Bribery Conviction

    By Editors | 14/10/2022

    Sovereign wealth funds from the UAE, Kuwait and Norway, along with Abrdn, HSBC, Standard Life and others are among the claimants.

    Market Infrastructure

    CME Confirms 14 April 2023 for Conversion of Eurodollar F&O

    By Editors | 14/10/2022

    CME will amend its eurodollar futures and options fallback rules to set the conversion date to 14 April 2023.

    ESG / Sustainability

    ESG Ratings Space Needs Regulatory Intervention

    By Hazel Ilango | 14/10/2022

    The IEEFA’s Hazel James Ilango says regulatory intervention is needed in the ESG ratings sector to enhance market confidence and protect investors.

    ESG / Sustainability

    FSB Finalises Guidance on Climate-related Financial Risks

    By Editors | 13/10/2022

    The guidance covers the collection of data from FIs, supervisory tools such as scenario analysis, and the development of macroprudential tools.

    ESG / Sustainability

    Firms Falling Short of Full Climate Disclosure

    By ESG Investor | 13/10/2022

    TCFD marks five years of progress, but warns too few are delivering decision-useful climate-related financial information.

    Fintech / Regtech

    IOSCO Offers Guidance on Curbing Online Misconduct

    By Editors | 13/10/2022

    IOSCO’s new report offers recommendations to address risks from online marketing and distribution of financial products targeting retail investors.

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