BIG PICTURE

Big Picture

“Notable Progress” in Financial Institutions’ D&I Policies: BIS

By ESG Investor | 28/05/2022

International standards could be more explicit in articulating expectations on diversity and inclusion practices.

Big Picture

World Bank Paper Explores Barriers to Stablecoin, CBDC Adoption

By Sanday Chongo Kabange | 28/05/2022

Stablecoins and CBDCs may not offer advantages over innovations that are built on top of or aim to improve existing financial plumbing.

Capital / Liquidity

How Canada’s Big Banks Used Their War Chests During the Pandemic

By Lalinda Sugathadasa | 25/05/2022

Lalinda Sugathadasa analyses the approach Canadian regulators and D-SIBs adopted during the pandemic to remain profitable despite a build-up of excess capital.

Big Picture

NGFS Issues Reports on Climate-related Risks and Ratings

By Editors | 24/05/2022

Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.

Securities / Derivatives

ISDA Offers Derivatives Policy Guidance to Emerging Markets

By Editors | 23/05/2022

ISDA’s paper offers a framework for emerging and developing market policymakers seeking to transpose global standards for derivatives markets in local rule sets.

Big Picture

Regulation Needed for ‘Shadow’ Crypto Financial System: BIS

By Manesh Samtani | 19/05/2022

As banks and asset managers increase exposure to crypto, substantial activity is still concentrated in lightly regulated crypto exchanges.

Big Picture

Near-term Economic Climate Change Impacts “Harder to Ignore”

By ESG Investor | 17/05/2022

New report says the near-term impacts of climate change are becoming ever harder for financial institutions to ignore.

Big Picture

Bank Culture Regarded as Critical Governance Priority: Report

By Manesh Samtani | 16/05/2022

Financial regulators are prioritising psychological safety, ‘speak up’ culture, and the ability to “predict and prevent” stakeholder harm, says a report from Starling.

AML / KYC

Countries Should Ensure Capital Controls Cover Crypto: IMF

By Editors | 12/05/2022

A new IMF paper calls on policymakers to preserve the effectiveness of capital controls by clarifying the legal status of crypto assets.