International

Securities / Derivatives

Industry Bodies Partner to Adapt CDM for Repo, Bonds

By Sanday Chongo Kabange | 06/07/2021

Implementation of the Common Domain Model for repo and bonds is expected to deliver industry wide efficiency gains, ICMA says.

Market Infrastructure

EU Regulators Urge Participants to Stop Using LIBOR

By Sanday Chongo Kabange | 05/07/2021

Market participants are asked not to wait for the European Commission to exercise its powers to designate a replacement for LIBOR.

AML / KYC

FATF Examines Technology Use in AML/CTF Efforts

By Manesh Samtani | 05/07/2021

While the use of innovative AML/CFT technologies can help identify risks and focus compliance efforts, manual review and human input remain “very important”.

Big Picture

Corporate Governance Policy Frameworks Need Strengthening: OECD

By Ranamita Chakraborty | 04/07/2021

The OECD says significantly fewer companies are using public equity markets, but that strengthening corporate governance policies and frameworks can help.

AML / KYC

Risk Assessments Should Focus on National Priorities: Wolfsberg Group

By Manesh Samtani | 04/07/2021

Most FIs focus their AML/CTF risk assessments on technical compliance rather than government priorities and effectiveness, the Wolfsberg Group says.

AML / KYC

ECA Warns of Weaknesses in EU’s AML/CFT Regime

By Ranamita Chakraborty | 02/07/2021

AML/CFT efforts are hindered by institutional fragmentation and poor co-ordination at EU level, among other weaknesses.

Market Infrastructure

IOSCO Proposes Sustainability-related Rules for Fund Managers

By Editors | 01/07/2021

Recommendations for securities regulators cover asset manager practices, product disclosure, supervision and enforcement, terminology, and investor education.

Market Infrastructure

130 Nations Endorse Global Minimum Corporate Tax Rate

By Editors | 01/07/2021

The global minimum corporate income tax is estimated to generate around $150bn in additional global tax revenues annually.

Big Picture

Consortium Proposes to Create Impact Reporting Rules for Banks

By Editors | 01/07/2021

Harvard Business School, Impact Institute, ABN AMRO, Danske Bank, DBS and UBS aim to create new social and environmental impact reporting rules for banks.