International

Climate Risk

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.

Nature & Biodiversity

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.

Sustainable Finance

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.

Clearing & Post-Trade

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.

Trading & Investment

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.

PEPs & Sanctions

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.

Emerging Prudential Risks

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.

Reporting & Disclosures

ICGN Releases Sustainability Assurance Guidance

By ESG Investor | 17/07/2024

The ICGN said many companies and markets are in the early stage of sustainability reporting, and much of the information is not “ready for assurance”.

Trading & Investment

ESMA Consults on MiFID II Order Execution Policies

By Editors | 17/07/2024

The consultation seeks input on draft technical standards for how investment firms establish and assess the effectiveness of their order execution policies.