International

ESG / Sustainability

ISSB Forms Working Group to Prevent Jurisdictional Fragmentation

By Editors | 28/04/2022

The working group will seek to align work being done across jurisdictions to set standards in the field of sustainability-related financial disclosures.

Big Picture

New Guidance for Asset Owners on UNGP Roadmap

By ESG Investor | 27/04/2022

The BSR report explains how adopting a human rights-based approach to finance can strengthen the impact of ESG practices.

Big Picture

Leading Banks Fail to Account for Climate in Financial Statements

By ESG Investor | 27/04/2022

KPMG analysis finds most major banks and auditors are not yet focused on climate-related reporting.

AML / KYC

ICMA Issues Guidance on Repo Trades Impacted by Sanctions

By Manesh Samtani | 27/04/2022

ICMA provides guidance on handling situations where counterparties may fail to deliver collateral securities due to the imposition of sanctions.

Capital / Liquidity

Industry Bodies Call on BCBS to Revisit SA-CCR Standard

By Manesh Samtani | 26/04/2022

The SA-CCR framework, having been finalised in 2014, does not adequately reflect structural changes in the derivatives market and the overall regulatory framework.

Big Picture

FSB Proposes Policy Measures to Address EM Vulnerabilities

By Editors | 26/04/2022

The proposals seek to reduce vulnerabilities from foreign currency borrowing, including by exploring ways to reduce the “mechanistic use of credit ratings” by index providers.

ESG / Sustainability

IIGCC Launches New Investor Climate Engagement Toolkit

By ESG Investor | 26/04/2022

Stewardship and corporate engagement are “vital levers” to ensure companies meet decarbonisation targets, says IIGCC CEO.

Fintech / Regtech

BIS, Bank Indonesia Invite Firms to Solve CBDC Challenges

By Editors | 26/04/2022

Firms are invited to develop new solutions for issuing and distributing CBDCs, improve interoperability and advance financial inclusion.

AML / KYC

Australia Sanctions More Russian Lawmakers, US Blocks Port Access

By Editors | 26/04/2022

Australia has now sanctioned nearly 750 individuals and entities in response to the war in Ukraine. Russian-affiliated vessels are prohibited from entering US ports.