International

Market Infrastructure

IOSCO Appoints New Chair, Two Vice Chairs to Board

By Editors | 20/10/2022

IOSCO’s new chair is Jean-Paul Servais, chairman of Belgium’s FSMA. The two new vice chairs are the FSA’s Ariizumi Shigeru and the CFTC’s Rostin Behnam.

AML / KYC

INTERPOL Launches First Global Police Metaverse

By Editors | 20/10/2022

INTERPOL Metaverse users can interact with other officers and take training courses. A new expert group will work to secure the metaverse from crime.

ESG / Sustainability

Overall Improvements Mask Climate Reporting Gaps

By ESG Investor | 20/10/2022

The energy, transport and private equity sectors keep investors in the dark on net zero strategies, says a KPMG report.

ESG / Sustainability

G20 Introduces Transition Finance Framework

By ESG Investor | 20/10/2022

G20 Sustainable Finance Working Group publishes the outcome of activities across three workstreams, including a transition finance framework.

AML / KYC

Canada, Switzerland Sanction More Russians, EU Considers 9th Package

By Manesh Samtani | 19/10/2022

The next round of EU sanctions could include limits on LPG imports, more restrictions against Russian banks, and a ban on the sale of European real estate to Russians.

AML / KYC

IMF Publishes Guide to Beneficial Ownership Transparency

By Editors | 18/10/2022

Despite guidance issued by the FATF over the years, effective implementation of beneficial ownership requirements is still a challenge for many countries, says the IMF’s Bo Li.

Securities / Derivatives

CME Group to Launch USD-denominated TOPIX Futures

By Editors | 18/10/2022

The new contract is designed to complement the existing JPY-denominated TOPIX futures contract launched in February 2018.

Market Infrastructure

FSB Proposes to Standardise Global Cyber Incident Reporting

By Editors | 18/10/2022

The FSB also proposes to develop a common format for cyber incident reporting, to promote global convergence and better communication among authorities.

Crypto / Digital Assets

Tether Eliminates Commercial Paper from Stablecoin Reserves

By Manesh Samtani | 15/10/2022

“Reducing commercial papers to zero demonstrates Tether’s commitment to backing its tokens with the most secure reserves in the market,” the company said.