BIG PICTURE

Big Picture

FSB Reports Decline in Shadow Banking Assets

By Nithya Subramanian | 20/12/2023

The NBFI sector recorded a 2.9 per cent fall in financial assets in the sector, attributed to higher interest rates.

ESG / Sustainability

Regulators Failing on Social and Nature – WWF

By ESG Investor | 19/12/2023

Financial regulations and central banking activities focus on climate and do not fully account for broader environmental and social risks and impacts.

Crypto / Digital Assets

Korea Showing Leadership on Crypto Assets, Says IMF Head

By Mark Johnston | 18/12/2023

Korea is showing leadership by amending its AML law and setting up new legislation on crypto assets, said the IMF’s Kristalina Georgieva.

Big Picture

BIS Paper Offers Guidance on Housing-related Financial Stability Risks

By Editors | 12/12/2023

The report outlines lessons from 14 jurisdictions on the use of macroprudential policies to mitigate financial stability risks associated with the housing market.

Big Picture

IMF to Expand AML/CFT Data Analytics Capabilities

By Manesh Samtani | 11/12/2023

The IMF plans to increase focus on assessing and mitigating the macro-economic impacts of illicit flows in the global financial system.

Big Picture

Adapting to Regulatory Changes is a Challenge for Insurers

By Nithya Subramanian | 08/12/2023

Insurers must track regulatory changes and make operational adjustments to meet new requirements, said the Clearwater Analytics survey.

Big Picture

Geopolitical Risk Seen as Top Risk to Financial Industry in 2024

By Editors | 08/12/2023

As many as 47% of respondents cited geopolitical risk as the number one risk impacting the global financial system in 2024.

Big Picture

HKIMR Report Offers Guidance on Talent Development

By Editors | 08/12/2023

The report presents findings from two surveys and other analysis to recommend talent development strategies for Hong Kong’s financial industry.

ESG / Sustainability

Evolving ESG Regulations Pose Challenges for Asian Funds

By Ranamita Chakraborty | 06/12/2023

Morrison Foerster’s survey saw 53 per cent of respondents citing evolving regulatory regimes and unreliable data as obstacles for ESG investing.