International

Crypto / Digital Assets

ICMA Publishes Guidance on DLT-based Bonds

By Editors | 26/09/2022

The FAQs are designed to provide “non-experts” a basic understanding of DLT bonds and their impact on capital markets.

Big Picture

DTCC Warns of Risks from Quantum Computing Technology

By Editors | 23/09/2022

DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.

ESG / Sustainability

GFANZ Issues Guidance for Firms’ Transition Plans

By ESG Investor | 23/09/2022

GFANZ has released a report advising companies on the information they should disclose in their transition plans.

Market Infrastructure

Refinitiv Commences Publication of USD IBOR Cash Fallbacks

By Editors | 22/09/2022

USD IBOR Cash Fallbacks will be used to transition loans, bonds and securitised products that reference LIBOR and will mature after 30 June 2023.

ESG / Sustainability

GRI Standards to Integrate Human Rights

By ESG Investor | 21/09/2022

The Global Reporting Initiative intends to better integrate consideration of human rights into its disclosure requirements.

Securities / Derivatives

Rosneft Becomes Third Russian Firm to Issue CNY Bonds

By Editors | 19/09/2022

The Rosneft deal marks the biggest bond sale ever by a Russian business. RUSAL  and gold producer Polyus also recently issued yuan-dominated bonds.

AML / KYC

OFAC Issues Guidance on Transacting With Tornado Cash

By Editors | 18/09/2022

US persons may request a specific licence from OFAC to complete transactions involving sanctioned crypto mixer Tornado Cash.

ESG / Sustainability

NGOs Call on Banks to Improve on Net Zero Delivery

By ESG Investor | 18/09/2022

Net Zero Banking Alliance members are under pressure to restrict their financing of fossil fuel projects, including coal production.

AML / KYC

Puerto Rico Authority Agrees on Liquidation of Euro Pacific Bank

By Editors | 17/09/2022

Euro Pacific Bank customers will recoup 100 percent of their deposits. Several hundred investigations are still underway globally over whether the bank was used for tax evasion.