INTERNATIONAL

AML / KYC

GCFFC Establishes Innovation & Technology Experts Working Group

By Manesh Samtani | 20/05/2025

The Working Group will explore how data used to create a Digital ID could support FIs in fighting financial crime

AML / KYC

FATF, INTERPOL, UNODC Issue Joint Call to Action

By Manesh Samtani | 20/05/2025

Governments must improve asset recovery efforts and to cooperate internationally to make financial investigations more targeted and effective.

Fintech / Regtech

ISDA Publishes Paper on Use of GenAI for CSA Digitisation

By Nithya Subramanian | 20/05/2025

GenAI can accurately extract and digitise legal clauses from credit support annexes, which can help to improve efficiency and reduce costs for the industry.

Fintech / Regtech

IOSCO Sets Standards for Finfluencers, Copy Trading, Digital Engagement

By Manesh Samtani | 19/05/2025

IOSCO sets out good practices to protect retail investors from online fraud, excessive risk-taking, and misinformation.

Securities / Derivatives

ISDA Paper Proposes Reforms to Optimise Derivatives Market

By Sanday Chongo Kabange | 19/05/2025

New whitepaper outlines 15 specific measures that could unlock billions in annual savings for the derivatives market.

AML / KYC

Unraveling the Web: How Complex Structures Can Undermine AML Compliance

By Nathan Lynch | 19/05/2025

Former APG executive secretary Gordon Hook highlights the need for vigilance and nuanced due diligence to combat illicit fund flows through complex corporate structures.

AML / KYC

FATF is the ‘Best Compass We Have’ for Fighting Financial Crime

By Manesh Samtani | 19/05/2025

Former FATF Executive Secretary David Lewis said the global body offers stability amid rising nationalism and geopolitical risks.

Sanctions

US Tightens Export Controls Targeting Huawei AI Chips

By Manesh Samtani | 18/05/2025

Huawei’s Ascend AI chips now need a licence for their use irrespective of geographical location, which is an effective worldwide ban.

ESG / Sustainability

NGFS Publishes First Set of Short-Term Climate Scenarios

By Editors | 18/05/2025

The short-term climate scenarios are a tool for assessing the economic impact of climate change and policy shifts by 2030.