Big Picture

Big Picture

Regulators Paying More Attention to Banks’ Cyber Resilience: FSI Paper

By Ranamita Chakraborty | 16/06/2023

The paper outlines how escalating cyber threats have resulted in the development of “second-generation” cyber regulations.

Big Picture

Faster Progress Needed to Enhance EU Capital Markets: IMF

By Editors | 15/06/2023

IMF managing director Kristalina Georgieva highlighted key priorities to enhance Europe’s capital markets.

ESG / Sustainability

JPMorgan Sets Out Core Principles for Carbon Markets

By Ranamita Chakraborty | 13/06/2023

JPMorgan has come up with a set of principles to address the current lack of trust in some existing carbon credits.

Big Picture

ISLA Warns of Basel III Impacts on Securities Finance Market

By Editors | 13/06/2023

ISLA expresses concerns about the potential adverse impact of Basel III on the global securities lending market.

Big Picture

Critical Sustainability Reporting Gaps Remain for APAC Firms: Study

By Ranamita Chakraborty | 11/06/2023

A study by PwC Singapore and NUS Business School found that only 51 percent of the top listed companies in 14 APAC markets disclose net-zero targets.

Big Picture

FMSB Publishes Spotlight Review on “3 Lines” Model

By Editors | 09/06/2023

The FMSB review calls for the 3 Lines Model to be repositioned as a lens for examining risk management frameworks.

Big Picture

Banks Increasingly Expected to Prevent Misconduct – Report

By Manesh Samtani | 07/06/2023

New report from Starling says outcomes-based regulation, culture initiatives, data science and technology can help enhance culture and conduct risk management in the banking industry.

Fintech / Regtech

Stanchart, PwC Examine CBDC Opportunities in GBA

By Sanday Chongo Kabange | 06/06/2023

The paper says the GBA is an ideal launch pad for CBDC pilots given its use of three different currencies and monetary authorities.

ESG / Sustainability

WWF-Singapore Assesses ESG Integration Efforts at Private Banks

By Editors | 06/06/2023

The study identified a need private banks to improve risk management and better incorporate ESG risk assessments and scenario analysis in their processes.