BIG PICTURE

AML / KYC

FATF Issues Report on Crowdfunding for Terrorism Financing

By Editors | 01/11/2023

The report describes how terrorist groups exploit crowdfunding platforms and provides risk indicators and recommendations to help combat this activity.

ESG / Sustainability

ASIFMA Issues Recommendations on Carbon Market Development

By Manesh Samtani | 27/10/2023

A new paper from ASIFMA and King & Wood Mallesons offers recommendations on establishing, regulating and scaling up carbon markets.

Fintech / Regtech

AI-based SupTech Can Improve Market Integrity: Study

By Manesh Samtani | 25/10/2023

The study highlights the benefits of using AI-based SupTech to improve market integrity, detect misconduct and forecast crises.

ESG / Sustainability

Financial Viability Biggest Challenge in Coal Phase-Out: SIEW Panel

By Ranamita Chakraborty | 24/10/2023

Collaboration and transition credits could be key in addressing the financial viability of coal phase-out, said panellists at the Singapore International Energy Week Summit.

Big Picture

New Paper Sheds Light on CCP Credit Risk Management Practices

By Manesh Samtani | 23/10/2023

The paper from CCP Global provides information on how CCPs conduct ongoing credit monitoring to make informed risk assessments and safeguard market integrity.

Big Picture

BIS General Manager Outlines Crisis Management Lessons from Bank Failures

By Mark Johnston | 19/10/2023

In a speech, Agustín Carstens reviewed the key features and outcomes of the interventions by the US and Swiss authorities to manage bank failures.

Capital / Liquidity

IMF Warns of Global Banking Vulnerabilities from High Inflation

By Mark Johnston | 17/10/2023

The IMF calls for better stress testing practices, higher international standards, and lending facilities to enhance bank resilience.

AML / KYC

Navigating High Financial Crime Compliance Costs in APAC

By Ranamita Chakraborty | 17/10/2023

APAC’s USD 45bn financial crime compliance costs are due to higher costs of regional manpower and technology expenses, according to LexisNexis Risk Solutions.

AML / KYC

Implementing AML Rules on Luxury Assets can be Challenging

By Nithya Subramanian | 17/10/2023

While banks may have to dedicate more resources to track financial violations, local dealers too will have to be vigilant, said Navin Naidu.