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AML / KYC
Open Ownership Integrates LEI Into Beneficial Ownership Datasets
By Editors | 01/10/2023
LEIs are now embedded into Open Ownership data records, which GLEIF says will allow easier identification of corporate beneficial owners and controllers.

Fintech / Regtech
ISDA Exploring Development of “Industry Notices Hub”
By Editors | 30/09/2023
The hub would help to address uncertainty over the delivery of critical notices between derivatives market counterparties.

Securities / Derivatives
FIA Issues Recommendations for Strengthening Cyber Resilience
By Manesh Samtani | 29/09/2023
The recommendations were developed based on input from a taskforce formed by FIA in March, in response to a ransomware attack against ION Markets.

Crypto / Digital Assets
BIS Innovation Hub Concludes Project Mariana Trials
By Editors | 29/09/2023
The project explored the use of DeFi automated market makers for the cross-border exchange of CBDC in different currencies.

Crypto / Digital Assets
BIS Calls for Greater Efforts on Legal Frameworks to Support CBDC
By Editors | 29/09/2023
BIS general manager Agustín Carstens said it is “simply unacceptable” that unclear or outdated legal frameworks could hinder CBDC deployment.

Crypto / Digital Assets
WFE Issues Recommendations for Regulating Crypto Trading Platforms
By Editors | 28/09/2023
The six key principles will safeguard markets and enable the crypto sector to grow, said Nandini Sukumar, CEO of the World Federation of Exchanges.

Fintech / Regtech
How Should Financial Institutions Govern AI Usage?
By Ranamita Chakraborty | 28/09/2023
Ying Yi Liew from Baker McKenzie Wong & Leow discusses AI governance considerations for financial institutions in Singapore at the recent TechLaw.Fest.

ESG / Sustainability
ICMA Issues New KPI Guidance for Sustainability-Linked Bonds
By ESG Investor | 28/09/2023
The resource aims to help issuers demonstrate their sustainability commitments and enhance accountability, ultimately bolstering the credibility of the SLB market

Capital / Liquidity
Capital Ratios Exceed Pre-Pandemic Levels for Largest Banks: BCBS
By Editors | 27/09/2023
Three unnamed internationally active banks reported that their LCR was below the minimum required level of 100 percent at end 2022.

Big Picture
FIA Publishes Best Practices for Designing Volatility Control Mechanisms
By Editors | 27/09/2023
The paper presents best practices for ensuring derivatives exchange VCMs protect against disruptive activity while also facilitating genuine price discovery.
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