BIG PICTURE

Capital / Liquidity

Central Bank Liquidity Bridges Lower Costs of Cross-border Payments

By Editors | 24/07/2022

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

Capital / Liquidity

BCBS Treatment of Banks’ Crypto Exposures Still Constraining: ISDA

By Manesh Samtani | 18/07/2022

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.

AML / KYC

Sanctions Over-Compliance Causes Human Rights Violations: UN Expert

By Editors | 18/07/2022

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.

Big Picture

HK Can Retain Hub Status for Alternative Asset Managers: AIMA

By Editors | 17/07/2022

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

Big Picture

Asset Managers Need to Collaborate on Risk, Compliance – IA

By ESG Investor | 15/07/2022

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

AML / KYC

Fraudulent Transactions Cost 4x the Loss Amount on Average

By Editors | 14/07/2022

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.

Crypto / Digital Assets

New Report Offers Guidance to Central Banks on CBDC Design

By Editors | 12/07/2022

A report from CPMI, BISIH, IMF and World Bank assesses the options for access to and interoperability of CBDCs, to ensure they improve cross-border payments.

Securities / Derivatives

IOSCO Issues Op Resilience Guidance for Markets, Intermediaries

By Editors | 12/07/2022

IOSCO has set out observations and lessons learned from the pandemic response to help inform future operational resilience arrangements.

Big Picture

IMF Calls for Strengthening of Capital Markets Regulation

By Editors | 07/07/2022

Securities regulators have generally not seen increases in their resources despite their expanding regulatory perimeters and raised supervisory expectations.