Big Picture

AML / KYC

RUSI-ACAMS Survey Reveals Proliferation Finance Implementation Gaps

By Manesh Samtani | 08/02/2020

A global survey of sanctions professionals reveals a lack of industry awareness of proliferation finance risks, and a lack of focus on this area in compliance programmes.

Big Picture

Coronavirus Spells More Trouble For Hong Kong Banks: S&P

By Editors | 03/02/2020

S&P Global Ratings says the new coronavirus outbreak will add to the challenges Hong Kong banks already face amid social unrest, US-China trade tensions, and China’s economic slowdown.

Big Picture

Moody’s Downgrades Hong Kong, Citing Lack of Response to Unrest

By Editors | 21/01/2020

The absence of an effective response by Hong Kong’s government to address the concerns of the population indicate weaker institutional and governance strength.

Market Infrastructure

NBFI Posing Financial Stability Risk Grows at Slower Pace: FSB

By Editors | 20/01/2020

Non-bank financial intermediation posing bank-like financial stability risks grew by 1.7% in 2018, significantly slower than the 2012-2017 average annual growth rate of 8.5%.

Market Infrastructure

IMF Calls for Global Response to Address Cybersecurity Threat

By Editors | 15/01/2020

To reap the benefits of new technologies to develop markets and expand financial inclusion, the security of information and communications technologies must be ensured.

Fintech / Regtech

Legal Certainty Needed to Advance DLT Adoption in Derivatives

By Editors | 14/01/2020

ISDA, Clifford Chance, R3 and the Singapore Academy of Law have published a new whitepaper analysing the legal issues relating to the use of smart derivatives contracts on a distributed ledger.

AML / KYC

Technology to Drive Regulatory Agenda in 2020: Thomson Reuters

By Manesh Samtani | 09/01/2020

Technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda, says a new report from Thomson Reuters.

Fintech / Regtech

Cryptoasset Risk in Misalignment with Investor Profiles: OECD

By Editors | 18/12/2019

New OECD research has found a strong likelihood of misalignment between the risk profiles of some financial consumers and the riskiness of cryptoassets.

Big Picture

Asian Benchmark Administrators Face ‘Perfect Storm’ in 2021

By Manesh Samtani | 17/12/2019

The BMR transition period is now scheduled to end alongside LIBOR’s discontinuation, creating a “perfect storm” of regulatory change for benchmark administrators and users at end-2021.