International

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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.

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    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.

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    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.

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    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.

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    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    BIS general manager Agustín Carstens said it is “simply unacceptable” that unclear or outdated legal frameworks could hinder CBDC deployment.

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    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.

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    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.

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    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

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    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.

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    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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