International

Market Data & Technology

DSB Forms New Advisory Committee for ISIN, UPI Services

By Editors | 07/12/2023

The new committee will provide recommendations on governance matters related to the ISIN and UPI Services.

Cybersecurity

HSBC Trials Quantum Protection for AI-powered FX Trading

By Sanday Chongo Kabange | 07/12/2023

HSBC is using its own AI-powered tool to safeguard trades of any value from quantum attacks and other cyber risks.

Reporting & Disclosures

IFRS Foundation Offers Three New Commitments

By Manesh Samtani | 07/12/2023

Chair of the IFRS Foundation Trustees, Erkki Liikanen, declared each of the commitments given two years ago “fulfilled”.

Sustainable Finance

EMDE Body on Sustainable Finance Unveiled by China’s IFS

By Editors | 07/12/2023

The new body’s initial 42 members include HSBC, Standard Chartered Bank, Silk Road Fund and the CFA Institute.

Anti-Money Laundering

Canada’s FINTRAC Fines RBC for STR Filing Failures

By Editors | 06/12/2023

RBC failed to submit STRs in some cases, submitted some STRs incorrectly, and did not keep written policies and procedures up-to-date.

Sustainable Finance

Export Credit Agencies Team Up to Decarbonise Global Trade

By Editors | 06/12/2023

The export credit agencies commit to ending new direct support for the fossil fuel energy sector by the end of 2024.

Climate Risk

NZBA Reports Strong Net Zero Progress at COP28

By ESG Investor | 06/12/2023

As of 30 September, 96 of 136 member banks had set net zero targets, NZBA said in a progress update.

ESG Data

NZDPU Proof of Concept Launches, Feedback Sought

By Manesh Samtani | 06/12/2023

The proof of concept includes an initial set of data fields, features, and functionality to solicit stakeholder insights that will inform future releases.

PEPs & Sanctions

US Sanctions Belgium-based Network for Russian Military Procurement

By Editors | 06/12/2023

US sanctions five individuals and nine entities as DOJ unseals indictments targeting illicit Russian military procurement.