International

Market Infrastructure

FSB Proposes Standard Global Approach to Cyber Incident Reporting

By Manesh Samtani | 14/04/2023

The FSB will establish a new working group to further develop its proposed ‘format for incident reporting exchange’, known as FIRE.

Crypto / Digital Assets

Crypto Regulation is an Opportunity for Industry: Ding Chen, Bullish

By Editors | 13/04/2023

Ding Chen at digital asset exchange Bullish says increasing regulation presents an opportunity for crypto firms to gain a competitive advantage.

ESG / Sustainability

Hong Kong Overtakes France in Morningstar’s ‘Sustainability Atlas’

By ESG Investor | 13/04/2023

Hong Kong overtook France for 3rd place and Taiwan jumped from 11th place to 5th place in Morningstar’s 2023 Sustainability Atlas.

Crypto / Digital Assets

Blockchain Can Revolutionise Energy Sector – WEF Report

By Editors | 13/04/2023

The report offers guidance on conducting impact assessments of blockchain projects that encompasses environmental, social and economic impacts.

Capital / Liquidity

Recent Banking Sector Turmoil to Inform FSB’s Policy Work

By Editors | 12/04/2023

FSB working with BCBS to analyse and learn from recent banking sector turmoil. Cyber incident reporting recommendations also finalised.

Big Picture

BIS Bulletin Examines Stablecoins and Tokenised Deposits

By Mark Johnston | 12/04/2023

A new BIS bulletin says private tokenised money should be configured appropriately to ensure “singleness of money”.

ESG / Sustainability

GFIN Set to Open Applications for ‘Greenwashing TechSprint’

By Editors | 12/04/2023

The TechSprint, hosted on the FCA’s digital sandbox, will seek to develop a tool or solution to help tackle greenwashing risks in financial services.

Fintech / Regtech

Italy ChatGPT Ban Prompts Broader Scrutiny of AI Tools

By Manesh Samtani | 12/04/2023

Taiwan is exploring the use of AI tools by banks. China has issued draft rules for AI development. The US is exploring accountability mechanisms for AI systems.

Crypto / Digital Assets

New FTX Report Reveals Extent of Control Failures

By Manesh Samtani | 11/04/2023

FTX stored private keys in plain text documents without encryption on an FTX group server that was accessible by staff.