International

ESG / Sustainability

IIGCC Issues Final Net Zero Infrastructure Guidance

By ESG Investor | 23/03/2023

The IIGCC guidance allows investors to assess alignment based on six criteria, including whether targets cover all scopes of emissions.

Crypto / Digital Assets

Stablecoin Reserves Should be Held at Central Banks: Circle

By Editors | 22/03/2023

Circle is seeking to be able to hold USD reserves with the Fed rather than with various financial partners. In the long run, a wholesale CBDC could be used.

Market Infrastructure

Migration to ISO 20022 Message Standard Commences

By Editors | 22/03/2023

This marks a significant milestone for the payments industry and the start of a coexistence period until November 2025, Swift said.

AML / KYC

Upbit’s Azman Hamid Discusses Travel Rule Adoption in APAC

By Editors | 21/03/2023

Upbit’s Azman Hamid discusses the UAE’s addition to the FATF grey list and APAC’s implementation of the FATF recommendations on virtual assets.

ESG / Sustainability

APAC Firms Targeting ESG Metrics in Exec Pay “Surge” – WTW

By ESG Investor | 21/03/2023

Public companies across APAC are increasingly integrating ESG metrics into their executive remuneration programmes, says investment consultancy firm WTW.

ESG / Sustainability

IPCC: Remove Climate Finance Barriers to Avert Decline

By ESG Investor | 20/03/2023

There is sufficient global capital to rapidly reduce GHG emissions if existing barriers are reduced, the IPCC says in a new report.

Crypto / Digital Assets

Gibraltar’s Xapo Bank to “Fully Integrate” with USDC Stablecoin

By Mark Johnston | 20/03/2023

Users can send USDC using USD funds in their Xapo Bank accounts, with no fees incurred. Any USDC received is instantly converted to dollars.

Crypto / Digital Assets

Ripple’s Rahul Advani Discusses Regulatory Landscape for Digital Assets

By Editors | 20/03/2023

Rahul Advani, Policy Director for APAC at Ripple, discusses the regulatory landscape for digital assets and the potential for a globally harmonised framework.

Capital / Liquidity

Central Banks Coordinate Action to Ensure Global USD Liquidity

By Editors | 20/03/2023

From Monday until at least the end of April, the Fed and other central banks will make US dollars available on a daily basis, rather than weekly.