BIG PICTURE

Big Picture

World Bank Urges East Asian, Pacific Jurisdictions to Address NPLs

By Ranamita Chakraborty | 11/11/2021

A new report from the World Bank offers recommendations for East Asian and Pacific countries on addressing pandemic-related non-performing loans.

Big Picture

Fed Warns of Spillover Risk from China Property Markets

By Editors | 09/11/2021

Financial stresses in China could strain global financial markets and affect the US, the Federal Reserve says in its financial stability report.

Big Picture

FIA Calls for Greater Standardisation in Futures, Options Markets

By Editors | 08/11/2021

FIA recommends forming an independent standards body to start developing standards for trading and clearing of exchange-traded derivatives.

Big Picture

Emerging Markets Rapidly Progressing Sustainable Finance Frameworks

By Sanday Chongo Kabange | 03/11/2021

The Sustainable Banking and Finance Network says 32 member countries have launched national frameworks that set expectations for FIs to manage ESG risk.

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Regtech Can Boost Development of Green Finance Markets – Report

By Editors | 03/11/2021

Regulatory challenges are hindering widespread acceptance of green finance products, says a new paper from FTAHK and LITE Lab@HKU.

Big Picture

FSB Reports Progress to G20 on Financial System Resilience

By Editors | 02/11/2021

The FSB emphasises a need to ensure that regulatory frameworks allow for the financial sector to harness the benefits of innovation while containing the related risks.

Fintech / Regtech

HKIMR Offers Suggestions to Narrow AI/BD Talent Gap

By Editors | 31/10/2021

An estimated 2,000 professionals with both finance and AI/big data skills are needed to meet the talent gap in Hong Kong’s financial industry.

Big Picture

UK Considers Use of Climate Risk Capital Buffers

By Editors | 31/10/2021

The Bank of England is exploring whether to use capital add-ons or scalars to address weaknesses in climate risk management.

AML / KYC

FATF Completes Phase One of Unintended Consequences Project

By Manesh Samtani | 29/10/2021

The FATF has published summary results from a stocktake to understand the unintended consequences that are occurring as a result of AML/CFT standards.