International

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.

ESG / Sustainability

An Unregulated ESG Rating System Reveals its Flaws

By Hazel Ilango | 04/05/2023

ESG ratings are instrumental in facilitating investment decisions, but can disrupt the stability of financial markets if unregulated, says IEEFA’s Hazel Ilango.

Fintech / Regtech

G7 Ministers Outline Actions to Contain AI Risks

By ESG Investor | 03/05/2023

Ministers endorsed an AI action plan for “promoting global interoperability between tools for trustworthy AI”.

Sanctions

India, Russia to Explore Cross-border Payment Linkages

By Editors | 02/05/2023

India agreed to explore the acceptance of Russian Mir cards, a link with Russia’s Faster Payments System, and adoption of Russia’s financial messaging system.