Tokenisation

Schroders Launches Pilot Project to Tokenisation ILS Assets

06/07/2024

The project aims to enhance transparency, streamline investment processes and improve client experience in the reinsurance sector.

Anti-Bribery & Corruption

China Probes Former Top Official of Banking Association

05/07/2024

New probes against two former officials of Agricultural Bank of China. Former CITIC official referred for criminal prosecution.

Climate Risk

China Releases New Draft Rules for National Carbon Market

05/07/2024

The new rules change the way emissions targets are set and aim to reduce the oversupply of allowances in the market.

Cloud & Infrastructure

GLEIF Forms New Advisory Board to Promote vLEI Adoption

05/07/2024

The vLEI Technical Advisory Board will provide technical, governance, and developmental support to the vLEI stakeholder ecosystem as it grows.

Nature & Biodiversity

NGFS Publishes New Reports on Nature-related Risks

05/07/2024

The first report offers a conceptual framework for nature-related financial risks. The second focuses on nature-related litigation.

Anti-Money Laundering

EBA Publishes Travel Rule Guidelines for Crypto Sector

05/07/2024

The guidelines specify the information that should accompany crypto transfers, and what CASPs should do when information is missing.

Cryptocurrency

ESMA Publishes Trade Transparency Standards for MiCA

05/07/2024

ESMA report includes standards for how crypto trading platforms should publish data required for pre-and post-trade transparency.

AI Risk & Governance

Korea to Provide Policy Finance Support for AI Development

04/07/2024

Korea Development Bank will provide KRW 3 trillion in low-interest rate loans to AI-related sectors and create a new “AI Korea Fund” worth KRW 500 billion.

Conduct, Culture & Accountability

China to Cap Salaries in Financial Industry – Report

04/07/2024

The measure could be applied retroactively, requiring those who earned more than CNY 3 million over the past few years to return the excess.