International

Big Picture

Activity-based & Entity-based Regulation Reinforce Each Other’s Effectiveness

By Editors | 05/08/2022

A new paper from the Financial Stability Institute says neither entity-based nor activity-based regulation is in and of itself the optimal choice.

AML / KYC

ECB Analyses Options for Enhancing Cross-Border Payments

By Manesh Samtani | 04/08/2022

Bitcoin and stablecoins are “unlikely” to be the “holy grail” of cross-border payments. Interlinked domestic payment systems and interoperable CBDCs show the most promise.

AML / KYC

FFIS Takes Stock of AML & Fraud Data Sharing Platforms

By Editors | 03/08/2022

New paper covers 15 different private-private financial information sharing platforms across the US, UK, Singapore, the Netherlands, Switzerland, Estonia and Australia.

AML / KYC

Moscow Exchange Commences Trading in First Yuan Bonds

By Editors | 03/08/2022

Yuan-denominated bonds will open up an additional source of FX liquidity for Russian borrowers, who have been cut off from the dollar, euro and other foreign currencies.

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.