International

ESG / Sustainability

TNFD Backs Global Nature-related Public Data Facility

By ESG Investor | 14/08/2023

TNFD said nature-related data is an “essential pre-requisite to address the global challenge of accelerating nature loss”.

Sanctions

Korea Unfreezes Iranian Funds as Part of US Prison Swap Deal

By Editors | 14/08/2023

$7bn of Iran’s funds have been frozen in South Korea since May 2019, after sanctions waivers for oil imports were allowed to expire.

Crypto / Digital Assets

Bank of Canada Discusses Potential Challenges of CBDC Adoption

By Editors | 14/08/2023

Consumers with unmet payment needs could only benefit from a CBDC if it is adopted widely by other consumers and merchants.

AML / KYC

RUSI Publishes Virtual Assets Risk Assessment Guide

By Editors | 12/08/2023

The guide offers a ‘virtual assets risk assessment framework’, as well as risk mitigation strategies and best practices.

AML / KYC

US, UK, Canada Sanction Former Governor of Lebanon Central Bank

By Editors | 11/08/2023

The former governor and his close associates were sanctioned for “corrupt acts” that contributed to Lebanon’s economic crisis.

Sanctions

US, Canada, New Zealand Target Belarus With New Sanctions

By Editors | 10/08/2023

The coordinated sanctions come on the three-year anniversary of a presidential election which Alexander Lukashenko won by allegedly falsifying votes.

ESG / Sustainability

S&P Global Ratings Stops Providing ESG Credit Indicators

By Ranamita Chakraborty | 10/08/2023

With immediate effect, the impact of ESG factors on a borrower’s creditworthiness will now be conveyed through narrative paragraphs in the rating agency’s reports.

Big Picture

UN Chief Calls for Global Tax Reform, Criticises OECD

By Mark Johnston | 09/08/2023

The UN Secretary-General calls for more UN involvement in setting and enforcing global tax standards.

Market Infrastructure

NIST Solicits Feedback on Revamped Cybersecurity Framework

By Editors | 09/08/2023

NIST invites feedback on its updated Cybersecurity Framework 2.0 draft by 4 November 2023.