International

    Capital Adequacy

    EU Council Agrees Position on Basel III Implementation

    By Editors | 10/11/2022

    The Council has retained the 1 January 2025 start date for implementation proposed by the European Commission a year ago.

    Sustainable Finance

    NGFS Launches New Blended Finance Initiative

    By Sanday Chongo Kabange | 10/11/2022

    The initiative, co-led by MAS and DNB, will result in a “Blended Finance Handbook” and “demonstrative projects”.

    Trading & Investment

    FIA Urges Careful Use of Circuit Breakers in Energy Markets

    By Sanday Chongo Kabange | 10/11/2022

    FIA is supportive of using circuit breakers to manage disorderly markets but not as tools to control or cap prices.

    Cryptocurrency

    Binance Backs Out of FTX Deal, Citing Regulatory Probes

    By Manesh Samtani | 10/11/2022

    The US DOJ, SEC and CFTC are investigating FTX over its crypto lending products, handling of customer funds, and relationship with its US entity.

    Reporting & Disclosures

    UN Panel, IOSCO Call for Action to Stop Greenwashing

    By Editors | 10/11/2022

    A UN expert group says companies claiming to be on a path to net zero cannot also be building or investing in new fossil fuel assets.

    Nature & Biodiversity

    Blue Carbon Principles and Guidance Issued at COP27

    By ESG Investor | 10/11/2022

    Principles to develop investable high-quality blue carbon projects to ensure positive outcomes for people, nature, and climate have been launched at COP27.

    Climate Risk

    IOSCO Offers Recommendations on Scaling Up Carbon Markets

    By Manesh Samtani | 10/11/2022

    In two separate consultation reports, IOSCO explores measures to bolster the transparency, integrity and resilience of mandatory and voluntary carbon markets.

    Reporting & Disclosures

    ISSB Outlines Plans to Prepare Market for New Standards

    By Manesh Samtani | 10/11/2022

    ISSB launches capacity building initiative. CDP to adopt ISSB standard on environmental disclosure platform. IOSCO to “promptly” decide on endorsement.

    Tokenisation

    HSBC to Launch Tokenisation Platform for Digital Bond Issuance

    By Editors | 09/11/2022

    HSBC said the European Investment Bank is exploring using the platform to issue the market’s first-ever GBP tokenised bond.

    Cryptocurrency

    Binance Signs Non-Binding Agreement to Acquire Rival FTX

    By Editors | 09/11/2022

    The non-binding agreement comes amid a liquidity crunch at FTX, prompted by $6bn of withdrawals in the 72 hours before Tuesday morning.

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