International

OECD Proposes Common Approach for Real Estate Information Exchange

By Ranamita Chakraborty | 20/07/2023

OECD recently submitted an updated report analysing the current state of tax transparency regarding foreign-owned real estate and made several recommendations.

ESG / Sustainability

EBA to Collect Ad Hoc ESG Data for Risk Monitoring

By Ranamita Chakraborty | 20/07/2023

By analysing and reviewing the ESG data, the European Banking Authority (EBA) along with European central banks and financial regulators will be able to monitor ESG risks more effectively.

Big Picture

AI Regulatory Sandboxes Need Cooperation and Expertise: OECD

By Ranamita Chakraborty | 19/07/2023

A recent OECD report on AI regulatory sandboxes highlights important policy considerations that emphasises the need to build AI regulatory expertise and interdisciplinary cooperation.

Uncategorised

Industry Working Group Opens Consultation on IVMS101 Enhancements

By Editors | 18/07/2023

The working group was formed in April and has met five times since to consider and approve revisions to the IVMS101 standard.

Fintech / Regtech

UNSC Hosts First-Ever Session on Artificial Intelligence

By Editors | 18/07/2023

UK Foreign Secretary James Cleverly called for urgent international cooperation in shaping the governance of AI.

ESG / Sustainability

GRI May Merge with ISSB, Says CEO

By ESG Investor | 18/07/2023

Jurisdictions urged to avoid misalignment when integrating ISSB standards to avoid investor confusion and aid decision-making.

Crypto / Digital Assets

OECD Proposes Crypto-Asset Reporting Framework to G20

By Ranamita Chakraborty | 18/07/2023

OECD recommends that its crypto-asset reporting framework (CARF) be adopted as an international standard for the reporting and exchange of information about crypto-assets.

Crypto / Digital Assets

FSB Finalises Global Regulatory Framework for Crypto-asset Activities

By Manesh Samtani | 18/07/2023

The recommendations were improved to better safeguard client assets, address conflicts of interest, and improve cross-border cooperation.

Crypto / Digital Assets

Blockchain Technology to Transform Global Commerce through Merger

By Jill Wong | 18/07/2023

The merger aims to scale up the development of blockchain and Web3 technologies across the global supply chain.