International

AML / KYC

Swimming in Dirty Money: It’s Time to Dive Below the Surface

By Tom Keatinge | 05/12/2022

The failure to address the illicit finance in illegal, unreported and unregulated fishing is a glaring omission, says RUSI’s Tom Keatinge.

AML / KYC

G7 Powers Set to Implement Oil Price Cap on Russian Crude

By Editors | 04/12/2022

EU ban on seaborne crude oil imports from Russia to take effect. G7 oil price cap will only insurers to cover vessels carrying Russian crude sold under USD 60.

Big Picture

IOSCO Offers Guidance to Regulators on Investor Education, Protection

By Editors | 03/12/2022

IOSCO report proposes seven sound practices for regulators to consider when designing financial and investor education initiatives, particularly during periods of crisis.

AML / KYC

FATF Calls on AML Practitioners to Target Opioids Trafficking

By Manesh Samtani | 02/12/2022

New FATF report provides risk indicators to help identify opioids trafficking, noting that FIs and DNFBPs are an “important source of information” for FIUs.

Crypto / Digital Assets

DTCC Publishes Findings from Experimental CBDC Work

By Editors | 02/12/2022

The prototype developed was able to connect two distinct asset networks to enable “secure, resilient, and efficient security settlement with CBDC.”

HSBC to Sell Canadian Unit to RBC for $10b

By Editors | 30/11/2022

The deal is expected to complete in late 2023. HSBC said its group strategy remains unchanged.

ESG / Sustainability

TCFD Disclosures Not Delivering Decision-Useful Information

By ESG Investor | 30/11/2022

While the number of companies producing climate-related disclosures is increasing, less than half are including decision-useful information, says Manifest Climate.

Crypto / Digital Assets

More Than 500 Banks Have Now Adopted ‘Swift Go’

By Editors | 30/11/2022

Swift outlines progress made in 2022 toward the G20’s goals for enhancing cross-border payments, including through CBDC experimentation.

AML / KYC

GLEIF Enables LEI Mapping for S&P Global Company IDs

By Editors | 30/11/2022

GLEIF already provides ISIN-LEI, BIC-LEI and MIC-LEI mapping certification, and has been encouraging data vendors to map their identifiers to the LEI.