International

Payments & Settlements

BIS Survey Finds $1.4 Trillion in Daily FX Trades Exposed to Settlement Risk

By Manesh Samtani | 16/06/2026

New BIS survey reveals that 10 percent of daily FX settlements are fully exposed to risk, prompting calls for greater PvP adoption.

AI Risk & Governance

US Restricts Foreign Access to Anthropic's Top AI Models

By Nithya Subramanian | 16/06/2026

The AI firm has suspended its Fable 5 and Mythos 5 models globally after an export control order cited security risks, sparking a debate on technological sovereignty among US allies.

ESG Data

CDP Splits into Commercial and Non-Profit Arms with PE Backing

By Manesh Samtani | 16/06/2026

The environmental disclosure platform will separate its commercial operations, backed by Permira, from a science-led foundation to enhance its data and technology.

AI Risk & Governance

KPMG Withdraws AI Report Over Widespread Hallucinations

By Manesh Samtani | 15/06/2026

KPMG has launched an investigation after publishing a global report containing fabricated claims, raising questions about internal controls for GenAI.

Capital Adequacy

APAC's Paths on the CCyB Are Diverging

By Blake Evans-Pritchard | 15/06/2026

As global policymakers reconsider the role of the CCyB, regulators across the region are drawing different conclusions about how it should be used.

KYC & CDD

Taskforce Urges Global Action on Fragmented Ownership Data

By Manesh Samtani | 15/06/2026

New report says disconnected beneficial ownership registers are hampering the cross-border financial crime fight, and outlines a roadmap.

Stablecoins

Stablecoin Activity is Being Misinterpreted - BIS Paper

By Manesh Samtani | 12/06/2026

New paper warns regulators that nearly 60 percent of stablecoin transfers are part of complex financial transactions, not simple payments.

Capital Adequacy

FSI Paper Calls for Major Overhaul of AT1 Capital

By Manesh Samtani | 12/06/2026

New paper argues for higher triggers and conversion-only designs to restore the going-concern function of the instruments, citing key failures.

Anti-Money Laundering

IFC Issues Tech Playbook for AML/CFT in Emerging Markets

By Manesh Samtani | 12/06/2026

New guidance details how financial institutions can use analytics, AI and automation to strengthen financial crime controls and maintain global market access.