Big Picture

Banks worried about the implications of CBDCs should be more worried about stablecoins, DeFi and bigtech challenging their models, says Benoît Cœuré.

The papers focus on KPIs for sustainability-linked derivatives and the accounting treatment for ESG transactions.

Rather than banning cryptocurrencies, regulators are urged to collaborate to create regulatory clarity, close loopholes and mitigate regulatory arbitrage.

New analysis says majority of climate-themed investment funds are not living up to claims, calls for increased regulatory oversight.

A new IMF paper discusses the impacts fintech will have on currency issuance, monetary policy implementation, and payment system soundness, among other functions of a central bank.

Beneficial ownership data should be structured and interoperable, collated in a central register, and accessible to all actors fighting financial crime.

Unexpected credit losses could leave banks with inadequate loss-absorbing resources, warns a new working paper from the BIS.

Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.

An IOSCO study has helped to “alleviate concerns" about possible financial stability risks or fragilities relating to the ETF structure.

Lawyers, real estate agents, investment advisers, and bank employees have repeatedly facilitated money laundering through US real estate by HNWIs and PEPs.