ADVERTISEMENT
Capital / Liquidity
BCBS Issues Principles on Managing Climate Risks in Banking
By Manesh Samtani | 15/06/2022
12 principles are aimed at banks and 6 are aimed at financial supervisors and regulators. Implementation is expected “as soon as possible”.
AML / KYC
FATF Joins UN Counter-Terrorism Coordination Compact
By Editors | 14/06/2022
Cooperation between the FATF and United Nations will strengthen their ability to go after the money that funds terrorist groups, said Marcus Pleyer.
AML / KYC
Russia Launches Blockchain-Based Alternative to SWIFT
By Editors | 14/06/2022
Russian state-owned firm Rostec said the blockchain-based platform will allow settlements in national currencies and eliminate the risk of sanctions.
ESG / Sustainability
Green Funds Largely Unaligned with Paris Agreement – S&P
By ESG Investor | 14/06/2022
S&P looked at nearly 12,000 equity mutual funds and ETFs representing more than USD 20 trillion in market value. About 11% were aligned with the Paris goals.
MAS, IFC, UNDP Launch Global MSME Empowerment Programme
By Editors | 14/06/2022
The programme will seek to help MSMEs build financial literacy and digital skillsets, address financing gaps and improve financial inclusion.
ESG / Sustainability
Corporate Net Zero Targets on the Rise, But Credibility Lacking
By ESG Investor | 14/06/2022
Roughly 60% of companies with net zero targets have yet to specify whether carbon offsetting will feature in their decarbonisation strategies.
Crypto / Digital Assets
Regulating the Metaverse: A “Metacode” of Conduct
By Kanv Pandit | 14/06/2022
Kanv Pandit highlights the need for a ‘metacode of conduct’ to protect metaverse users from loss and fraud until regulation catches up.
Securities / Derivatives
Canadian Regulators Propose Revised Derivatives Reporting Rules
By Manesh Samtani | 13/06/2022
The CSA says the proposed rules will enable market participants to harmonise their reporting systems across multiple global regulators.
AML / KYC
FATF Issues Report on Digital Tools for Law Enforcement
By Editors | 12/06/2022
The report offers guidance on the use of technology for investigations, risk assessment, and AML/CFT information exchange.
AML / KYC
OFAC Blocks Secondary Market Trading in Russian Debt, Equity
By Editors | 12/06/2022
To date, only the purchase of new issues has been prohibited, and trading in secondary markets has still been allowed.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.