International

AML / KYC

US Imposes New Round of Sanctions Against Russia

By Editors | 03/08/2022

The sanctions target Kremlin-connected elites, including retired Olympic gymnast Alina Kabaeva, who is understood to be Putin’s girlfriend.

Big Picture

CPMI Explores Options, New Solutions to Increase PvP Adoption

By Editors | 02/08/2022

CPMI received “numerous promising proposals” for new solutions that may be capable of processing FX transactions that currently settle on a non-PvP basis.

ESG / Sustainability

Pilot Indicators Launched to Track Banks’ Net Zero Transition

By ESG Investor | 01/08/2022

The IIGCC and TPI have launched an investor-led framework of pilot indicators to assess banks on the transition to net zero.

ESG / Sustainability

High Definition: Does Asia Need a Unified ESG Taxonomy?

By Editors | 01/08/2022

As countries move at different speeds towards developing their own standards, is this multiplicity an obstacle to a greener future?

ESG / Sustainability

Banking on a Sustainable Future

By Editors | 27/07/2022

Organisastions are faced with the challenge of understanding the nuances of regulations and ensuring they have sufficient capacity to apply them in daily business activities.

AML / KYC

FATF Issues Final AML Guidance for Real Estate Sector

By Editors | 27/07/2022

The guidance sets out the primary risks for the real estate sector and the measures needed to take adequately mitigate these risks.

Crypto / Digital Assets

WEF Consortium Assesses Macro Impact of Crypto, Stablecoins

By Editors | 26/07/2022

Allowing crypto and stablecoins to play a role in the economy will bring the “highest macroeconomic net benefit to society”, the research finds.

AML / KYC

FATF Offers Guidance on Private Sector Information Sharing

By Editors | 25/07/2022

The report features information sharing case studies from the UK, Singapore, Netherlands, the US, Estonia, and Germany.

AML / KYC

Russia Creates Hurdles for Foreign Banks Trying to Exit

By Manesh Samtani | 24/07/2022

Societe Generale is the only major bank that has exited Russia so far. HSBC has struck a deal to sell its Russian business but will need regulatory approval.