ADVERTISEMENT
International
Sanctions
China, Russia Exploring New Ways to Address Payment Problems
By Editors | 19/07/2024
A Chinese official said financial institutions from the two countries are exploring the possibility of cooperating using the Mir payment system.
ESG / Sustainability
Central Banks, Regulators Told to Tackle Deforestation
By ESG Investor | 19/07/2024
The World Wide Fund for Nature calls on central banks and regulators to take steps to limit capital flow to deforestation activities.
AML / KYC
FATF Issues Update on Standards Work for the NPO Sector
By Manesh Samtani | 19/07/2024
The FATF will revise Recommendation 1 to better enable financial inclusion by improving the risk-based approach and supervision.
ESG / Sustainability
NGFS Calls for High-quality Climate Data
By ESG Investor | 19/07/2024
NGFS’s new information note is intended as an additional resource for central banks looking to bridge climate-related data gaps.
ESG / Sustainability
FSB Publishes Stocktake on Nature-related Financial Risks
By Manesh Samtani | 19/07/2024
Work by authorities indicates that FIs face large exposures to nature-related physical risk via their investments and financing activities.
ESG / Sustainability
UNEP FI Provides Circular Economy Guidance for Banks
By ESG Investor | 19/07/2024
Banks are encouraged to embed circularity into internal policies and processes, and engage with clients on transitioning to circular business models.
Market Infrastructure
Why UTIs are Critical for Accelerated Settlement
By Val Wotton | 18/07/2024
Firms should incorporate the UTI as a standard data point in post-trade processing workflows, says DTCC’s Val Wotton.
Securities / Derivatives
Two ETFs Tracking Saudi Stocks Make China Debut
By Nithya Subramanian | 18/07/2024
Listed on the Shanghai and Shenzhen stock exchanges, these ETFs offer Chinese investors access to Saudi equities, promoting financial ties between the two countries.
Enforcement
US Jails Man for Shipping Microelectronics to Russia via Hong Kong
By Editors | 17/07/2024
Russian national Maxim Marchenko procured dual-use military grade microelectronics for Russian end users using Hong Kong-based shell companies.
Crypto / Digital Assets
BCBS Publishes Final Standards for Bank Crypto Exposures
By Manesh Samtani | 17/07/2024
The BCBS published final amendments to the prudential standard and the final disclosure framework for banks’ cryptoasset exposures.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.