INTERNATIONAL

Big Picture

NIST Highlights Need for “Crypto Agility” in Face of Quantum Threats

By Thisanka Siripala | 13/03/2025

The report highlights slow algorithm transitions, risks of quantum computing, and the need for modular cryptographic systems.

Capital / Liquidity

Industry Bodies Caution Against FSB Proposals for Addressing NBFI Leverage

By Thisanka Siripala | 11/03/2025

UK Finance and ISDA said regulators should first improve their use of existing data before imposing new reporting requirements.

AML / KYC

GLEIF Launches Open Data Network to Foster Data Compatibility

By Thisanka Siripala | 10/03/2025

Led by GLEIF and Open Ownership, the initiative aims to embed LEIs into open data sources to enhance data utility across the public and private sectors.

ESG / Sustainability

WFE Report Highlights Inefficiencies in Voluntary Carbon Markets

By Thisanka Siripala | 10/03/2025

On average, it takes 2.45 years for carbon credits to be issued, compared to 8 to 12 weeks for green bonds.

Sanctions

Canada Announces New Myanmar, Iran and Sudan Sanctions

By Editors | 10/03/2025

This is the first time Myanmar’s armed forces has been sanctioned by any government. The designation also covers entities under its control.

AML / KYC

Asian Countries Taking on Trade-based Money Laundering Challenge

By Nathan Lynch | 10/03/2025

Nathan Lynch looks into the perennial challenge of TBML and the tools that Asian countries are deploying in response.

Sanctions

US Targets Houthis with New Sanctions, FTO Redesignation

By Nithya Subramanian | 06/03/2025

OFAC sanctioned seven high-ranking Houthi members a day after re-designating the group as a Foreign Terrorist Organisation.

Fintech / Regtech

Using AI in Regulatory Reporting and Change Management: Webinar Recap

By Manesh Samtani | 06/03/2025

Panellists from Nasdaq, Standard Chartered Bank and Regional Australia Bank discussed APAC’s transition to granular data reporting.

Crypto / Digital Assets

OFAC Sanctions Iranian Administrator of Shuttered Darknet Marketplace

By Manesh Samtani | 05/03/2025

Behrouz Parsarad was designated for contributing to the international proliferation of narcotics via his darknet marketplace, which was dismantled in 2024.