BIG PICTURE

Big Picture

“Room for Improvement” in Climate Risk Tools – UNEP FI

By ESG Investor | 03/04/2022

Greater scope and depth needed to keep pace with demand for more holistic approaches to climate risk management by banks and investors.

Big Picture

BCBS Expresses Concerns About Fourth Party Technology Risks

By Editors | 01/04/2022

Banks and supervisors are concerned that a lack of complete supply chain transparency may increase operational risk.

Fintech / Regtech

ISDA Publishes New Paper on Digital Regulatory Reporting

By Editors | 01/04/2022

DRR will allow for consistent rule interpretation, more streamlined and automated reporting, and fewer data quality issues, ISDA says.

Big Picture

FSB Publishes Work Programme for 2022

By Editors | 31/03/2022

Key focus areas include work to address Covid-19 scarring effects, enhance cross-border payments, and address financial risks from climate change.

AML / KYC

EBA Outlines AML/CFT Challenges Faced by EU Supervisors

By Ranamita Chakraborty | 27/03/2022

In a new report, the EBA outlines findings from its second round of assessment of the approaches AML/CFT supervisors are using in the banking sector.

Big Picture

Financial Stability Risks from BigTech May Be Increasing: FSB

By Editors | 21/03/2022

The FSB warns that bigtechs could become so large or dominant that their failure could have a severe impact on economic activity and financial stability.

Fintech / Regtech

Ripple Calls on Korea to Further Develop Digital Assets Framework

By Editors | 19/03/2022

New policy paper calls for the implementation of a “risk-sensitive” digital asset regulatory framework to provide certainty and encourage innovation in the sector.

Big Picture

Malaysian Banks Exposed to Nature-related Financial Risks

By Ranamita Chakraborty | 17/03/2022

A new report finds that Malaysian banks are vulnerable to a wide range of natural-related risks through their loan books.

Big Picture

Standard-setters Assess Adequacy of CCP Resolution Tools

By Editors | 10/03/2022

New report analyses default and non-default loss scenarios potentially extreme enough to require the use of CCP recovery and resolution tools.