Big Picture

New report by World Economic Forum and Accenture finds that 73% of business leaders think regulations are effective in reducing cyber risks.

The paper highlights the intertwined nature of DeFi protocols, the dependencies they can have on stablecoins, and how such dependencies can present vulnerabilities.

New paper from the BIS, IMF and World Bank assesses the benefits and challenges associated with using multilateral platforms for cross-border payments.

Jurisdictions have not finished implementing Basel III reforms to mitigate spillovers between banks and non-bank financial entities.

The report calls on financial sector regulators to implement and align E&S risk management requirements for banks to ensure financial stability.

A survey of more than 500 medium to large businesses across the US, UK and Europe found that 89% of companies view carbon credits as a valuable tool to mitigate CO2 emissions.

Last year saw continued growth in the global adoption of ESG metrics in executive incentive plans, according to a Willis Tower Watson report.

The 2022 GHG Market Report features carbon market reforms underway in the EU, Korea, Japan and China, among other markets.

BIS paper says enhancing information governance in sustainable finance can reduce risks to financial stability and the long-term robustness of the green transition.

The first paper calls for effective regulation to gain payments-related benefits. The second highlights concentration risks applicable to stablecoins and their holders.