BIG PICTURE

Big Picture

BIS Chief Calls for Regulatory Framework for Big Techs in Finance

By Manesh Samtani | 11/02/2023

Agustín Carstens says big techs involved in financial services are gaining systemic importance and may quickly become “too big to fail”.

ESG / Sustainability

ISDA Analyses Regulatory Treatment of SLDs in Singapore

By Editors | 09/02/2023

The paper considers how sustainability-linked derivatives would be classified and regulated in Singapore.

AML / KYC

FATF Publishes Annual Report for 2021-2022

By Editors | 07/02/2023

The report sets out the achievements of the FATF under the second year of Marcus Pleyer’s Presidency.

Big Picture

FSDC Paper Sets Out Key Factors to Facilitate VCM Growth

By Editors | 07/02/2023

FSDC paper discusses key considerations that would be conducive to the development of Hong Kong’s VCM ecosystem.

AML / KYC

New Report Calls for Global Action to Address TBML

By Editors | 06/02/2023

Recommendations include the use of education campaigns, inter-agency task forces, beneficial ownership registries, and new technologies to assess trade pricing.

AML / KYC

Transparency International Releases 2022 Corruption Perceptions Index

By Editors | 03/02/2023

Asia Pacific scored above the global average. New Zealand, Singapore, Hong Kong, Australia and Japan ranked in the top twenty.

Market Infrastructure

Existing FMI Rules Are Sufficient to Address Climate-related Risks

By Sanday Chongo Kabange | 03/02/2023

DTCC says the regulatory frameworks and standards contained within the PFMI are sufficient to address climate-related financial risks faced by FMIs.

Big Picture

Responsible Innovation in Financial Markets: Observations from the Trenches

By Manoj Ramia | 01/02/2023

Digital Asset’s Manoj Ramia says responsible financial innovation should be informed by reality, focus on solving real problems and stay within regulatory guardrails.

Crypto / Digital Assets

Allowing Self-Custody Should be Considered in CBDC Design

By Sanday Chongo Kabange | 30/01/2023

World Economic Forum article suggests CBDC designers should consider allowing self-custody as an option to increase overall user dignity and welfare.