International

ESG / Sustainability

High Definition: Does Asia Need a Unified ESG Taxonomy?

By Editors | 01/08/2022

As countries move at different speeds towards developing their own standards, is this multiplicity an obstacle to a greener future?

ESG / Sustainability

Banking on a Sustainable Future

By Editors | 27/07/2022

Organisastions are faced with the challenge of understanding the nuances of regulations and ensuring they have sufficient capacity to apply them in daily business activities.

AML / KYC

FATF Issues Final AML Guidance for Real Estate Sector

By Editors | 27/07/2022

The guidance sets out the primary risks for the real estate sector and the measures needed to take adequately mitigate these risks.

Crypto / Digital Assets

WEF Consortium Assesses Macro Impact of Crypto, Stablecoins

By Editors | 26/07/2022

Allowing crypto and stablecoins to play a role in the economy will bring the “highest macroeconomic net benefit to society”, the research finds.

AML / KYC

FATF Offers Guidance on Private Sector Information Sharing

By Editors | 25/07/2022

The report features information sharing case studies from the UK, Singapore, Netherlands, the US, Estonia, and Germany.

AML / KYC

Russia Creates Hurdles for Foreign Banks Trying to Exit

By Manesh Samtani | 24/07/2022

Societe Generale is the only major bank that has exited Russia so far. HSBC has struck a deal to sell its Russian business but will need regulatory approval.

Market Infrastructure

Fed Consults on Default Rules for Legacy LIBOR Contracts

By Editors | 24/07/2022

The rules would implement a law enacted earlier this year that provides a uniform solution for replacing LIBOR references in contracts without adequate fallback provisions.

Crypto / Digital Assets

ISSA Finds ‘Major Upsurge’ in DLT Use in Financial Markets

By Editors | 24/07/2022

Over 30% of the industry using DLT in live production, finds ISSA survey, conducted by the ValueExchange with support from Accenture, Broadridge and VMWare.

Capital / Liquidity

Central Bank Liquidity Bridges Lower Costs of Cross-border Payments

By Editors | 24/07/2022

CPMI says central bank liquidity bridges can help reduce funding costs, FX costs, credit risks and operational risks for payment system participants.