International

ESG / Sustainability

SBTN Takes “Integrated Approach” to Nature Targets

By ESG Investor | 26/05/2023

The first science-based targets for nature provide corporates with the guidance, methods and tools to thrive in an equitable net zero, nature-positive future.

AML / KYC

VerifyVASP Becomes First LEI Validation Agent in Crypto Space

By Manesh Samtani | 26/05/2023

VerifyVASP will be able to help VASP clients obtain an LEI, which can be used in counterparty due diligence and travel rule compliance.

ESG / Sustainability

Climate Action Data Trust Unveils Data Dashboard Prototype

By Editors | 26/05/2023

The dashboard currently uses simulated data, but is intended to eventually link, aggregate, and harmonise all major carbon registry data.

ESG / Sustainability

IIGCC Outlines Principles for Enhancing Net Zero Benchmarks

By ESG Investor | 26/05/2023

New IIGCC working group with Bloomberg, FTSE Russell, MSCI, and S&P Global aims to promote best practices and real-world emissions reductions.

Market Infrastructure

Five Eyes Agencies Warn of State Sponsored Cyber Attacks

By Editors | 25/05/2023

Chinese foreign ministry spokeswoman Mao Ning said the joint advisory is a “collective disinformation campaign” from the “empire of hacking”.

HSBC Planning Exit from Up to a Dozen Markets – Report

By Editors | 25/05/2023

It is not yet known which jurisdictions HSBC is considering exiting, but they are understood to be relatively small markets that may have underperformed.

ESG / Sustainability

NGFS Explores Short-Term Climate Scenarios

By ESG Investor | 24/05/2023

The NGFS is inviting modelling teams to participate and contribute to the development of short-term climate scenarios.

Crypto / Digital Assets

IOSCO Proposes First-Ever Global Regulations for Crypto Market

By Ranamita Chakraborty | 24/05/2023

The recommendations cover activities including offering, admission to trading, ongoing trading, settlement, market surveillance and custody, and retail distribution.

Market Infrastructure

LCH SwapClear Completes USD LIBOR to SOFR Conversion

By Editors | 23/05/2023

In aggregate, LCH SwapClear has successfully converted approximately 600,000 USD LIBOR contracts with notional value of $45tr.