Big Picture

New paper covers 15 different private-private financial information sharing platforms across the US, UK, Singapore, the Netherlands, Switzerland, Estonia and Australia.

CPMI received "numerous promising proposals" for new solutions that may be capable of processing FX transactions that currently settle on a non-PvP basis.

Allowing crypto and stablecoins to play a role in the economy will bring the "highest macroeconomic net benefit to society", the research finds.

The ECB calls on investors and financial institutions to evaluate whether crypto undermines their ESG objectives and climate strategy.

CPMI says central bank liquidity bridges can help reduce funding costs, FX costs, credit risks and operational risks for payment system participants.

ISDA chief executive Scott O'Malia says the new group 2 exposure limit presents a "significant constraint" on the extent to which banks can participate.

UN Special Rapporteur Alena Douhan says governments and FIs should be doing more to ensure over-compliance with sanctions does not negatively impact human rights.

Hong Kong should ensure financial services professionals can move freely, and expand Wealth Connect over time to include alternative asset classes, AIMA says.

New report from the Investment Association and Deloitte offers recommendations for asset managers on net zero transition.

Every $1 lost to fraud costs organisations an average of $3.99 in APAC, and around $6.33 for digital banks and alternative lenders, LexisNexis Risk Solutions finds.