International

Reporting & Disclosures

IFRS Foundation, GRI Agree to Align Common Disclosures

By Editors | 25/05/2024

The IFRS Foundation and Global Reporting Initiative will work together to optimise how GRI and ISSB Standards can be used together.

Anti-Money Laundering

J5 Disseminates Risk Indicators Tied to Crypto Assets

By Editors | 24/05/2024

The risk indicators are intended to help financial institutions detect and report money laundering and illicit activities involving crypto assets.

PEPs & Sanctions

Russian President Signs Decree Allowing Confiscation of US Assets

By Editors | 24/05/2024

Russian entities impacted by sanctions can seek compensation through US-owned properties, companies, bank accounts, or shares located in Russia.

Payments & Settlements

CPMI Offers Analysis Of Fast Payment System Integration

By Mark Johnston | 24/05/2024

New report provides an analysis of the benefits and challenges associated with the integration of fast payment systems across borders.

Trade Based Money Laundering

A Radical Re-think on Combatting Trade Based Money Laundering

By Kelvin Toh | 24/05/2024

Kelvin Toh discusses the factors hindering current efforts to combat TBML, and what more can be done to combat this activity.

Trading & Investment

FSB Considers Ways to Enhance Resilience of CP and CD Markets

By Editors | 22/05/2024

CP and CD markets feature limited secondary market activity due to the buy-and-hold nature of these instruments, the FSB says.

PEPs & Sanctions

Canada Announces Sanctions Targeting DPRK-Russia Arms Trade

By Editors | 22/05/2024

Two individuals and six entities were sanctioned for their involvement in the transportation of weapons from North Korea to Russia.

Payments & Settlements

Swift Enables Banks to Improve Services for Corporates

By Editors | 22/05/2024

Swift will extend ISO 20022 across the entire payment chain, and provide ready-to-use, white-labelled payment tracking services via API.

Tokenisation

DTCC Completes Blockchain Pilot for Mutual Fund Data

By Editors | 22/05/2024

The pilot explored the feasibility of delivering NAV data for mutual funds across different blockchain networks.