International

Crypto / Digital Assets

Can Crypto be Green?

By ESG Investor | 26/11/2021

Energy-intensive and unregulated, institutional investors are proving reluctant to back the rapidly growing asset class.

Big Picture

Alignment of Taxonomies “Critical” for Improving ESG Data

By ESG Investor | 26/11/2021

A consistent approach to taxonomies is necessary to help mobilise capital towards sustainable solutions, said ICMA’s Ricco Zhang.

Fintech / Regtech

WEF Releases White Paper Series on Digital Currency Governance

By Mark Johnston | 24/11/2021

The private sector can make critical contributions to CBDC design and development, says StanChart’s John Ho, who co-authored the papers.

Securities / Derivatives

IOSCO Issues Final Report on Regulating ESG Ratings & Data

By Editors | 23/11/2021

Regulators should promote more transparency regarding the methodologies that ESG ratings and data product providers use, IOSCO says.

Capital / Liquidity

FSB Publishes 2021 List of Global Systemically Important Banks

By Editors | 23/11/2021

JP Morgan, BNP and Goldman have moved to higher buckets, meaning they will have to hold larger capital buffers from 1 January 2023.

Market Infrastructure

FSB Calls for Urgent Action Complete LIBOR Transition Steps

By Manesh Samtani | 23/11/2021

The FSB says transition should be “primarily to overnight RFRs” and that it is closely watching market developments regarding credit-sensitive rates.

Market Infrastructure

CPMI Proposes to Extend & Align RTGS Operating Hours

By Editors | 19/11/2021

CPMI proposes to align RTGS operating hours so they can be used for cheaper, faster, and safer cross-border payments.

Crypto / Digital Assets

FSB Plenary Agrees Work Programme for 2022

By Manesh Samtani | 18/11/2021

The programme includes work around the response to Covid-19, NBFI resilience,  crypto/stablecoin/DeFi risks, climate risk, and the post-2008 crisis reforms.

Fintech / Regtech

A Regulatory Minefield: The Future of Digital Currency

By Mark Johnston | 18/11/2021

Digital currencies are the regulatory challenge of our time with significant upsides of financial inclusion, but also a minefield requiring careful navigation.