International

Securities / Derivatives

IOSCO Publishes Guidance on Enhancing SPAC Regulations

By Editors | 10/05/2023

The report focuses on addressing dilution risk, the protection of retail investors, and the “significant backlog” of SPACs seeking to avoid liquidation.

Capital / Liquidity

G7 Ministers to Discuss Measures to Prevent Bank Runs

By Editors | 09/05/2023

The G7 ministers intend to outline plans to prevent the kind of bank runs that led to the collapse of Silicon Valley Bank.

Fintech / Regtech

BIS to Test Quantum Resistant IT Environments for Financial System

By Editors | 09/05/2023

“Project Leap” will test the ability of a quantum-resistant algorithm to maintain the confidentiality of payment messages transmitted between Banque de France and Deutsche Bundesbank.

ESG / Sustainability

World Bank Assesses Bank Exposures to Nature-related Physical Risk

By Editors | 08/05/2023

New paper provides high-level analysis that policymakers can use to induce a “transformative shift” towards nature-positive activities and production processes.

ESG / Sustainability

LMA Publishes Model Provisions for Sustainability-linked Loans

By Editors | 07/05/2023

The model provisions provide a basic drafting framework to assist parties in the negotiation of documentation for sustainability-linked loans.

Fintech / Regtech

AI Ethics: A Framework for Investment Professionals

By Siva Ramachandran | 06/05/2023

CFA Institute’s Siva Ramachandran and Phoebe Chan examine the ethical aspects of using AI tools in investment management.

ESG / Sustainability

Working Group Formed to Update Bank Guidance on Biodiversity

By Editors | 05/05/2023

The working group, co-led by Crédit Agricole SA, First Abu Dhabi Bank and UBS, will issue updated guidance for banks on setting and achieving biodiversity targets.

ESG / Sustainability

ISSB Seeks Stakeholder Feedback on New Research Projects

By Editors | 05/05/2023

The ISSB is proposing to start work on three new sustainability-related research projects and a project researching integration in reporting.

Fintech / Regtech

RBI, BIS Launch G20 TechSprint Focusing on Cross-border Payments

By Editors | 05/05/2023

The 2023 TechSprint will focus on technology solutions to address illicit finance risk, FX and liquidity solutions, and technology for CBDC platforms.