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Structural Regulation
EU Commission Grants Antitrust Approval for UBS-Credit Suisse Merger
By Editors | 29/05/2023
The UBS acquisition of Credit Suisse has been approved in the EU, but is being complicated in China by regulatory requirements.

Clearing & Post-Trade
CCP Margin Models Lack Transparency, Predictability – Report
By Manesh Samtani | 27/05/2023
New BCBS-CPMI-IOSCO report examines the impact of CCP margin models on market participants in the aftermath of Russia’s invasion of Ukraine last year.

Nature & Biodiversity
Indonesia, Malaysia to Object to EU Deforestation Law
By Ranamita Chakraborty | 26/05/2023
Indonesia and Malaysia are alleging the EU’s new deforestation law will harm their palm oil industries.

Nature & Biodiversity
SBTN Takes “Integrated Approach” to Nature Targets
By ESG Investor | 26/05/2023
The first science-based targets for nature provide corporates with the guidance, methods and tools to thrive in an equitable net zero, nature-positive future.

KYC & CDD
VerifyVASP Becomes First LEI Validation Agent in Crypto Space
By Manesh Samtani | 26/05/2023
VerifyVASP will be able to help VASP clients obtain an LEI, which can be used in counterparty due diligence and travel rule compliance.

ESG Data
Climate Action Data Trust Unveils Data Dashboard Prototype
By Editors | 26/05/2023
The dashboard currently uses simulated data, but is intended to eventually link, aggregate, and harmonise all major carbon registry data.

Sustainable Finance
IIGCC Outlines Principles for Enhancing Net Zero Benchmarks
By ESG Investor | 26/05/2023
New IIGCC working group with Bloomberg, FTSE Russell, MSCI, and S&P Global aims to promote best practices and real-world emissions reductions.

Trading & Investment
EU Commission Unveils Measures to “Empower” Retail Investors
By Mark Johnston | 25/05/2023
The measures include better disclosures about investment products and services and a ban on inducements for “execution-only” sales.

ESG Data
PITCH! REGTECH: ESG Data Needs to Be More Accurate
By Ranamita Chakraborty | 25/05/2023
Panellists at Regulation Asia’s PITCH! REGTECH conference said RegTech needs to be “creative” to help FIs manage ESG data.

Cybersecurity
Five Eyes Agencies Warn of State Sponsored Cyber Attacks
By Editors | 25/05/2023
Chinese foreign ministry spokeswoman Mao Ning said the joint advisory is a “collective disinformation campaign” from the “empire of hacking”.
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