INTERNATIONAL

ESG / Sustainability

FSB Halts New Climate Rules Amid US Pressure and Deep Divisions

By Manesh Samtani | 15/07/2025

The FSB has shelved new climate policy work, citing member divisions after a US pushback against a more aggressive agenda.

AML / KYC

APG Trains New Assessors to Assist with Mutual Evaluations

By Manesh Samtani | 15/07/2025

The APG has trained delegates from 19 jurisdictions to strengthen the quality and consistency of FATF mutual evaluations across the Asia-Pacific.

Fintech / Regtech

BIS Bulletin Flags Stablecoin Risks to Monetary Sovereignty

By Manesh Samtani | 14/07/2025

The bulletin says the 'same risk, same regulation' principle is insufficient for the growing stablecoin market and calls for bespoke rules.

Crypto / Digital Assets

Tokenised Government Bonds Show Higher Liquidity - BIS Bulletin

By Editors | 14/07/2025

Early-stage tokenised government bonds exhibit tighter bid-ask spreads than conventional debt, but regulatory uncertainty remains a key hurdle for wider adoption.

ESG / Sustainability

HSBC Quits Net-Zero Banking Alliance, Following US Lenders

By Editors | 14/07/2025

HSBC has become the first major UK bank to depart the UN-convened climate group, citing the maturity of its own transition planning amid investor scrutiny.

ESG / Sustainability

IFRS Foundation Clarifies Use of Industry Guidance for ISSB Standards

By Mark Johnston | 14/07/2025

The IFRS Foundation has published new guidance to support global firms implementing sustainability disclosure rules tailored to their industries.

AML / KYC

FATF Establishes New Procedure to Address Harm to NPOs

By Manesh Samtani | 14/07/2025

The new process allows countries and international bodies to report when the misapplication of anti-terror financing standards disrupts legitimate charitable work.

Big Picture

Regulatory Fragmentation Undermines Financial System Resilience - Report

By Manesh Samtani | 12/07/2025

Joint paper by BPI, GFMA and IIF calls for coordinated action to address the proliferation of "localisation policies", such as ring-fencing and forced subsidiarisation.

Big Picture

Asset Servicing Firms Face Spiralling Costs by Delaying ISO 20022 - Report

By Manesh Samtani | 12/07/2025

New report by The ValueExchange and SmartStream Technologies highlights that slow adoption of ISO 20022 is costing firms up to USD 21 million annually.