ESG / Sustainability

Asian Asset Managers Lag Europe on ESG, says WWF-Singapore

23/04/2023

Only 38 percent of Asian asset managers reporting on responsible investing actions, compared with 100 percent of European asset managers.

Enforcement

Barclays to Close 21 ETN Products Following Over-issuance Incident

22/04/2023

Barclays will close nearly half of its US-listed ETNs. The bank was penalised by the SEC last year for over-issuing $17.7bn in securities.

Capital / Liquidity

ECB Calling on US Banks to Relocate More Assets to EU

21/04/2023

The ECB has urged US banks to move more assets and risk to the euro area after a “desk mapping” review that took place last year.

Crypto / Digital Assets

ECB Urged to Improve Design Features of Digital Euro

20/04/2023

A new study evaluates the ECB’s progress on the digital euro and suggests ways to enhance its attractiveness and functionality.

Fintech / Regtech

ChatGPT Can Interpret Fed Policy, Predict Stock Moves

19/04/2023

Researchers find ChatGPT can interpret Fed policy and corporate news and make investment recommendations based on them.

Crypto / Digital Assets

Australia Considers Outright Ban on Ransom Payments

19/04/2023

The ACSC recommends that victims of ransomware attacks never pay a ransom. The government is considering a law prohibiting attack victims from paying ransoms.

Crypto / Digital Assets

Fed Official Outlines Policy Issues for CBDC Introduction

18/04/2023

Fed governor Michelle Bowman said a CBDC may not necessarily improve payment system efficiency or increase financial inclusion.

AML / KYC

UK Watchdog Faces Surge in AML Whistleblower Reports

18/04/2023

The UK FCA has received 141 reports from insiders who raised concerns about their firms’ AML controls in the past six years.

Big Picture

BIS Paper Calls for Fiscal Reforms to Support Financial Stability

18/04/2023

A new BIS paper proposes policy measures to tackle the risks that arise from the link between fiscal policy and financial stability.