International

ESG / Sustainability

IOSCO Offers Guidance on Educating Investors About ESG

By Editors | 01/09/2022

Regulators should help investors better understand ESG certifications, labels and scores, and facilitate financial advisor anti-greenwashing training.

Market Infrastructure

ORX, McKinsey Launch Operational Risk Control Library

By Editors | 01/09/2022

The ORX Reference Control Library contains 761 typical operational risk controls based on data collected from nearly 50 banks and insurers.

Fintech / Regtech

SWIFT Applies Data Intelligence to Remove Payment Friction

By Editors | 01/09/2022

SWIFT says its new capability ensures payments will go through regardless of whether the parties have transacted with each other before.

AML / KYC

Iran Passes Law Authorising Use of Crypto for Imports

By Editors | 01/09/2022

The new law formally allows government and local businesses to use cryptocurrencies as payment for imports.

Market Infrastructure

IBA Consults on Cessation of USD LIBOR ICE Swap Rate

By Editors | 31/08/2022

USD SOFR ICE Swap Rate settings are available for the same tenors for use as a benchmark in financial contracts and instruments.

Crypto / Digital Assets

CME Group Launches Bitcoin, Ether Futures in Euro

By Editors | 31/08/2022

CME says the new contracts will provide institutional investors precise tools to trade and hedge their crypto exposures.

Big Picture

BIS Examines Adequacy of Operational Resilience Requirements

By Editors | 31/08/2022

Bigtech groups that are interconnected within the financial industry should be subject to group-wide requirements on operational resilience.

Sanctions

MOEX Set to Start Listing ‘Replacement Bonds’ – Report

By Editors | 31/08/2022

Replacement bonds are intended to help Russian companies replace Eurobond issuances that are no longer serviceable due to sanctions.

Capital / Liquidity

Financial Stability Institute Publishes Paper on LEX Standard

By Editors | 30/08/2022

The large exposures standard seeks to monitor and limit the loss an internationally active bank can face from a single client or a group of connected counterparties.