International

AML / KYC

Sanctions Based on UN Consensus Mechanisms are Declining

By Manesh Samtani | 17/11/2022

New Refinitiv paper says one of the most significant trends observed in its analysis of sanctions data is a steep decline in the importance of the UN’s sanctions.

Securities / Derivatives

Uncertain Times Call for Quality Financial Disclosures: IOSCO

By Editors | 16/11/2022

Issuers, audit committees, and external auditors must ensure investors receive accurate, transparent and timely information especially in times of heightened uncertainty.

Big Picture

FSB Releases Final Report on Scarring Effects from Covid-19

By Editors | 16/11/2022

Russia’s invasion of Ukraine has significantly added to pre-existing challenges associated with exiting from Covid-19 policy support measures.

ESG / Sustainability

Scenario Analysis “May Understate” Climate Risks

By ESG Investor | 16/11/2022

The FSB and NGFS warn in a new report that current climate scenario analysis exercises “may understate” climate exposures and vulnerabilities.

Crypto / Digital Assets

ISDA to Publish Draft Standards for Crypto Derivatives by Year End

By Manesh Samtani | 15/11/2022

ISDA will also consider developing collateral documentation for OTC crypto derivatives transactions and standard contracts for crypto swaps and physically-settled transactions.

AML / KYC

GLEIF, SWIFT Collaborate to Enable Mapping Between MICs and LEIs

By Editors | 15/11/2022

GLEIF will publish new open-source relationship files monthly which will map Market Identifier Codes pertaining to legal entities to the corresponding LEIs.

ESG / Sustainability

ISO Offers Framework for Setting Net Zero Standards

By ESG Investor | 15/11/2022

ISO has launched guidelines in collaboration with the United Nations to tackle the “fragmented net zero governance landscape”.

Crypto / Digital Assets

BISIH to Tackle Key CBDC Challenges with Project Tourbillon

By Editors | 14/11/2022

Project Tourbillon aims to reconcile trade-offs between cyber resiliency, scalability, and privacy through experimentation with a prototype CBDC.

ESG / Sustainability

NZAM Net Zero Targets Now Cover US$21.8 Trillion

By ESG Investor | 14/11/2022

Leaders and laggards emerge as new wave of decarbonisation targets are announced by asset manager group.