International

Sanctions

Will 2023 be the End of International Sanctions?

By Tom Keatinge | 05/01/2023

With the UNSC’s sanctions role effectively neutered, new sanctions coalitions and international harmony are needed to blunt North Korea’s nuclear ambitions and ensure global security.

Sanctions

OFAC Issues Initial Price Cap Guidance for Russian Petroleum Products

By Editors | 05/01/2023

The new price cap on petroleum products is due to take effect on 5 February 2023, alongside an EU ban on seaborne imports of refined products originating from Russia.

Crypto / Digital Assets

Russia’s Sberbank Issues Gold-Backed Digital Financial Assets

By Editors | 04/01/2023

Gold-backed DFAs “may be a great alternative to investments amid de-dollarisation”, said Sber’s first deputy chairman, Alexander Vedyakhin.

Big Picture

IETA Shines Light on Carbon Market Evolution

By Editors | 28/12/2022

The 2022 GHG Market Report features carbon market reforms underway in the EU, Korea, Japan and China, among other markets.

Big Picture

BIS Stresses Importance of Information Governance in Sustainable Finance

By Editors | 28/12/2022

BIS paper says enhancing information governance in sustainable finance can reduce risks to financial stability and the long-term robustness of the green transition.

Crypto / Digital Assets

Bank of Canada Papers Shine Spotlight on Stablecoins

By Sanday Chongo Kabange | 27/12/2022

The first paper calls for effective regulation to gain payments-related benefits. The second highlights concentration risks applicable to stablecoins and their holders.

Crypto / Digital Assets

Insurers Are Denying Coverage to Crypto Firms Linked to FTX

By Editors | 27/12/2022

When coverage is provided, it is becoming more pricey and contains broad policy exclusions that would deny any FTX-related claims.

Crypto / Digital Assets

How Law Enforcement Can Take Action Against Crypto Crime

By Gurvais Grigg | 23/12/2022

Blockchain analysis tools and appropriate training can help exchanges, law enforcement, and other stakeholders recover victim funds, says Gurvais Grigg.

Crypto / Digital Assets

BIS Papers Explore DeFi Benefits, Risks, and Systemic ‘Fragility’

By Mark Johnston | 22/12/2022

Regulators should address DeFi risks with globally consistent regulatory frameworks. Collateral liquidations in DeFi lead to lasting price impacts.