International

The FSB identifies good practices to help authorities enhance their preparedness for the management and resolution of a crisis affecting a G-SIB.

Fallbacks for institutional cash products are now production benchmarks. Prototype fallbacks for consumer cash products will be launched on 3 January 2022.

Interpol’s Rory Corcoran says environmental crime is funding global terrorism and organised crime, while also impacting the sustainability agenda.

The operation was used to test a new worldwide stop-payment mechanism which Interpol plans to fully embed in police communication channels next year.

Improving access to client clearing is "critical" to ensuring all standardised OTC derivatives contracts are cleared through CCPs.

The FSA's Satoshi Ikeda says corporate disclosures need to capture genuine progressive efforts towards achieving carbon net zero, not just point-in-time snapshots.

Energy-intensive and unregulated, institutional investors are proving reluctant to back the rapidly growing asset class.

A consistent approach to taxonomies is necessary to help mobilise capital towards sustainable solutions, said ICMA's Ricco Zhang.

The private sector can make critical contributions to CBDC design and development, says StanChart's John Ho, who co-authored the papers.

Regulators should promote more transparency regarding the methodologies that ESG ratings and data product providers use, IOSCO says.