International

PEPs & Sanctions

IRS, Chainalysis Team Up to Support Ukraine Law Enforcement

By Editors | 11/05/2023

The IRS is sponsoring Ukraine’s access to a Chainalysis blockchain analysis tool and also organising cyber training sessions.

Sustainable Finance

New Carbon Market Guidance for Host Countries

By ESG Investor | 11/05/2023

VCMI published guidance for host countries of VCM projects to develop a clear and stable regulatory environment.

Emerging Prudential Risks

FSB Assessing Role of Social Media in Bank Failures

By Sanday Chongo Kabange | 11/05/2023

Head of financial stability analysis Costas Stephanou said the FSB plans to issue a detailed report on its findings later in 2023 or next year.

Custody & Infrastructure

30 Firms to Launch “Network of Networks” for Digital Assets

By Editors | 11/05/2023

The Canton Network will provide a decentralised infrastructure that connects independent applications like Deutsche Börse’s D7 post-trade platform and Goldman’s GS DAP.

Structural Regulation

IOSCO Publishes Guidance on Enhancing SPAC Regulations

By Editors | 10/05/2023

The report focuses on addressing dilution risk, the protection of retail investors, and the “significant backlog” of SPACs seeking to avoid liquidation.

Liquidity Risk

G7 Ministers to Discuss Measures to Prevent Bank Runs

By Editors | 09/05/2023

The G7 ministers intend to outline plans to prevent the kind of bank runs that led to the collapse of Silicon Valley Bank.

PEPs & Sanctions

EU Commission Proposes Sanctions Against Chinese Companies

By Editors | 09/05/2023

The proposals also include sanctions on Iranian companies, measures to restrict sales of certain products to third countries, and powers to ban oil tankers that conceal their location.

Cybersecurity

BIS to Test Quantum Resistant IT Environments for Financial System

By Editors | 09/05/2023

“Project Leap” will test the ability of a quantum-resistant algorithm to maintain the confidentiality of payment messages transmitted between Banque de France and Deutsche Bundesbank.

Nature & Biodiversity

World Bank Assesses Bank Exposures to Nature-related Physical Risk

By Editors | 08/05/2023

New paper provides high-level analysis that policymakers can use to induce a “transformative shift” towards nature-positive activities and production processes.