A coherent global response and unifying standards are needed to tackle illegal wildlife trade and environmental crime. Financial institutions have a crucial role to play.
As regulators seek ways to protect domestic assets during this economic downturn, experts from Deloitte, BlackRock and AxiomSL outlined common-sense advice on how to handle rapid regulatory change.
Under the new approach, third-country CCPs that are not deemed systemically important will only be subject to basic ESMA supervision, relying on 'comparable compliance'.
At the ten largest CCPs, no CCP has ever allocated a loss to a clearing member related to custody or collateral investment through its rulebook, the guidance makes clear.
Uncertainties associated with the transition may make it harder for firms to identify how to treat their customers fairly, and to demonstrate that they have done so, the FMSB says.
Sustainability-linked bonds are performance-based bond instruments where the issuer is committing to future improvements in sustainability outcomes within a predefined timeline.
The GCFCC's members include the Atlantic Council, Crime Stoppers International, EBF, Europol, FFIS, Freedom Seal, GFI, IIF, MENA FCCG, Rani’s Voice, Refinitiv, RUSI, and World Economic Forum.
Managing KYC risk assessment in a sea of increasingly complex data sets calls for smart automated solutions to manage alerts.
A new 'Fighting Modern Slavery and Human Trafficking' certificate is being provided free-of-charge to financial sector actors.
Data has never been more essential to making informed decisions, particularly in private markets where internal data at financial institutions is typically thin.