BIG PICTURE

Big Picture

ISDA Publishes New Papers Examining ESG Market

By Editors | 10/09/2021

The papers focus on KPIs for sustainability-linked derivatives and the accounting treatment for ESG transactions.

Big Picture

WEF Paper Calls for Balanced Approach to Crypto Regulation

By Sanday Chongo Kabange | 06/09/2021

Rather than banning cryptocurrencies, regulators are urged to collaborate to create regulatory clarity, close loopholes and mitigate regulatory arbitrage.

Big Picture

Most Green Investment Funds Missing Paris Goals

By ESG Investor | 01/09/2021

New analysis says majority of climate-themed investment funds are not living up to claims, calls for increased regulatory oversight.

Big Picture

IMF Spotlights Legal Challenges of Fintech for Central Banks

By Sanday Chongo Kabange | 30/08/2021

A new IMF paper discusses the impacts fintech will have on currency issuance, monetary policy implementation, and payment system soundness, among other functions of a central bank.

AML / KYC

GCFFC Calls for Action on Beneficial Ownership Data

By Manesh Samtani | 26/08/2021

Beneficial ownership data should be structured and interoperable, collated in a central register, and accessible to all actors fighting financial crime.

Big Picture

BIS Paper Warns of Delayed Corporate Insolvency Wave

By Ranamita Chakraborty | 20/08/2021

Unexpected credit losses could leave banks with inadequate loss-absorbing resources, warns a new working paper from the BIS.

Big Picture

OECD Offers Policy Advice for Regulating AI in Financial Services

By Manesh Samtani | 17/08/2021

Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.

Big Picture

ETF Structure Proved Resilient to Market Stress: IOSCO

By Ranamita Chakraborty | 15/08/2021

An IOSCO study has helped to “alleviate concerns” about possible financial stability risks or fragilities relating to the ETF structure.

AML / KYC

US Real Estate the ‘Preferred’ Money Laundering Destination: GFI

By Ranamita Chakraborty | 13/08/2021

Lawyers, real estate agents, investment advisers, and bank employees have repeatedly facilitated money laundering through US real estate by HNWIs and PEPs.