International

    Securities / Derivatives

    Rosneft Becomes Third Russian Firm to Issue CNY Bonds

    By Editors | 19/09/2022

    The Rosneft deal marks the biggest bond sale ever by a Russian business. RUSAL  and gold producer Polyus also recently issued yuan-dominated bonds.

    AML / KYC

    OFAC Issues Guidance on Transacting With Tornado Cash

    By Editors | 18/09/2022

    US persons may request a specific licence from OFAC to complete transactions involving sanctioned crypto mixer Tornado Cash.

    ESG / Sustainability

    NGOs Call on Banks to Improve on Net Zero Delivery

    By ESG Investor | 18/09/2022

    Net Zero Banking Alliance members are under pressure to restrict their financing of fossil fuel projects, including coal production.

    AML / KYC

    Puerto Rico Authority Agrees on Liquidation of Euro Pacific Bank

    By Editors | 17/09/2022

    Euro Pacific Bank customers will recoup 100 percent of their deposits. Several hundred investigations are still underway globally over whether the bank was used for tax evasion.

    ESG / Sustainability

    Work Begins on Assurance Standards for Sustainability Reporting

    By Editors | 16/09/2022

    IOSCO welcomes work by the IAASB and IESBA to develop assurance and ethics standards for sustainability-related corporate reporting.

    Capital / Liquidity

    BCBS Advances Work to Ensure Banking System Resilience

    By Editors | 15/09/2022

    The BCBS agreed to continue assessing bank use of AI/machine learning, finalise a crypto framework by year-end, and develop measures to address climate risks.

    Market Infrastructure

    BIS Explores How Central Banks View Cyber Threat Landscape

    By Manesh Samtani | 15/09/2022

    Central banks are prioritising investment in technical security control and resiliency, embracing risk management concepts, and adopting ‘zero-trust’ models.

    AML / KYC

    OFAC Sanctions Iranian Actors Over Ransomware Activity

    By Editors | 15/09/2022

    OFAC said the IRGC-affiliated group has launched extensive campaigns across the globe targeting defence, diplomatic, government and private industry personnel.

    Capital / Liquidity

    FSB Seeks Feedback on Information Gathering Framework

    By Editors | 14/09/2022

    The FSB is seeking stakeholder input to inform the revision of its framework for gathering information from FMI Intermediaries to support resolution planning.

    Crypto / Digital Assets

    Asset Tokenisation Increasingly Relevant in ‘Crypto Winter’ – Report

    By Manesh Samtani | 14/09/2022

    A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market’s value to over $16 trillion.

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