International

    ESG / Sustainability

    ISSB on Track to Finalise Standards in Q1 2023

    By ESG Investor | 12/10/2022

    The ISSB is listening to asset owner feedback on draft sustainability disclosure standards, according to Katie Schmitz Eulitt.

    Market Infrastructure

    FSB Updates G20 on Work to Strengthen Financial System Resilience

    By Editors | 12/10/2022

    FSB chair Klaas Knot says the outlook for global financial stability remains challenging, citing tighter financial conditions and higher inflation.

    Market Infrastructure

    FSB Unveils Proposed Global Regulatory Framework for Crypto

    By Editors | 12/10/2022

    The framework covers all crypto-asset activity, as well as associated issuers and service providers, that have the potential to pose financial stability risks.

    ESG / Sustainability

    Turn Commitments into “Hard Numbers”, says GFANZ’s Carney

    By ESG Investor | 11/10/2022

    Transition plans should demonstrate alignment with 2030 decarbonisation targets, says UN Climate Envoy Mark Carney.

    AML / KYC

    US Targets Fuel Procurement Network in Latest DPRK Sanctions

    By Editors | 11/10/2022

    The sanctions are against two Singapore companies, a Marshall Islands entity, and two individuals for illicit ship-to-ship transfers to deliver fuel to North Korea.

    Market Infrastructure

    FSB Unveils Plans for Next Phase of Cross-Border Payments Work

    By Editors | 11/10/2022

    The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.

    Crypto / Digital Assets

    Binance Suffers Crypto Hack, But Contains Losses

    By Editors | 10/10/2022

    After managing to freeze the majority of the stolen assets, Binance said about $100mn in unrecovered funds remains, out of $570mn that was initially stolen.

    ESG / Sustainability

    Risk Monitoring Needed for Non-Climate ESG Risks: FSA

    By Manesh Samtani | 09/10/2022

    Risk practitioners should establish risk monitoring systems that cover sustainability themes beyond climate change, said the FSA’s Satoshi Ikeda.

    Crypto / Digital Assets

    CME to Launch New Crypto Reference Rates, Indices

    By Editors | 08/10/2022

    New reference rates and real-time indices will be introduced for AVAX, FIL and XTZ. The launch will not include tradable futures products.

    Securities / Derivatives

    IMF Calls on Policymakers to Address Fund Redemption Risks

    By Editors | 08/10/2022

    Policymakers should provide guidance on how open-ended funds should calibrate swing pricing and similar tools, and monitor their implementation.

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