International

Clearing & Post-Trade

CPMI-IOSCO Consult on Enhanced CCP Margin Transparency and Governance

By Manesh Samtani | 07/05/2026

Standard-setters seeking feedback on proposals to enhance transparency and governance around the IM models used by CCPs.

Emerging Prudential Risks

FSB Warns on Private Credit Risks, Urges Data and Oversight Reforms

By Manesh Samtani | 06/05/2026

New report highlights growing vulnerabilities in private credit, calling on authorities to enhance monitoring and deepen analysis of interlinkages.

Payments & Settlements

CPMI Chair Urges National Action to Avert Payments Fragmentation

By Manesh Samtani | 06/05/2026

Fabio Panetta calls on jurisdictions to develop national action plans to fix cross-border payments, warning that geopolitical rivalry threatens to fragment the global system.

Stablecoins

BIS Paper Warns of 'Acute Risks' to EMDEs from Stablecoin Dollarisation

By Manesh Samtani | 06/05/2026

New paper urges robust regulatory response and international coordination to prevent monetary sovereignty erosion and financial stability risks in emerging economies.

Alternative Markets

FSB Scrutinises Retail Investor Risks in Private Credit

By Editors | 06/05/2026

The FSB is examining risks from the influx of retail investors into the private credit market amid concerns over redemptions and loan quality.

Operational Risk

BIS Paper Urges Supervisors to Adopt Risk Appetite Frameworks

By Manesh Samtani | 06/05/2026

New paper argues that explicitly defining and managing supervisory risk can strengthen governance, culture, and effectiveness in financial authorities.

Payments & Settlements

ASEAN+3 to Deepen Dialogue on Cross-Border Payments, Stablecoins

By Nithya Subramanian | 05/05/2026

The new process will focus on retail and wholesale payment linkages, while addressing regulatory fragmentation and stablecoin risks.

Payments & Settlements

CPMI Publishes Paper for Navigating ISO 20022 Migration Journey

By Manesh Samtani | 05/05/2026

Although Swift has retired legacy MT payment messages, some market infrastructures have not yet fully adopted ISO 20022 for cross-border payments.

Payments & Settlements

China's CIPS Boom Driven by New Rules, Not Sanctions: Report

By Manesh Samtani | 05/05/2026

Natixis report finds that a recent surge in transactions on China's cross-border payment system is due to new rules and broader currency use, not sanctions evasion.