International

AML / KYC

INTERPOL Launches Financial Crime and Anti-Corruption Centre

By Editors | 16/03/2022

The new centre will adopt a multi-agency approach to drive a coordinated global response to transnational financial crime and corruption.

ESG / Sustainability

IOSCO Seeks to Build Trust in Sustainability Reporting

By ESG Investor | 15/03/2022

IOSCO’s 2022 work plan for sustainable finance focuses on assurance, carbon markets and reporting standards.

Market Infrastructure

FS-ISAC Warns of Cyber Risk ‘Trifecta’ in 2022 and Beyond

By Editors | 15/03/2022

Boards, auditors, and regulators will demand that firms level up their incident response playbooks, tools, and platforms.

Big Picture

Standard-setters Assess Adequacy of CCP Resolution Tools

By Editors | 10/03/2022

New report analyses default and non-default loss scenarios potentially extreme enough to require the use of CCP recovery and resolution tools.

Fintech / Regtech

Greening Asia Through Data and Regulation

By Steven Yankelson | 09/03/2022

Effective and efficient ESG risk management and reporting practices can be enabled through better data and technology, says Steven Yankelson.

AML / KYC

US Ramps Up Russia Pressure With Energy Import Ban

By Manesh Samtani | 09/03/2022

Russian energy will no longer be accepted at US ports and will be phased out in the UK and EU. New sanctions imposed by APAC jurisdictions.

Big Picture

BCBS Expresses Concerns About Credit Risk Uncertainty

By Sanday Chongo Kabange | 07/03/2022

Supervisors are concerned that residual support measures may be masking true credit risk conditions in the banking sector, the BCBS says.

AML / KYC

FATF Plenary Finalises New Beneficial Ownership Requirements

By Manesh Samtani | 06/03/2022

Plenary adopts amendments to Recommendation 24, approves revised methodology for mutual evaluations, publishes draft guidance for real estate sector.

AML / KYC

FATF Concerned About Impact of Ukraine Invasion on Risk Environment

By Editors | 06/03/2022

Russia’s actions run counter to the FATF core principles. The FATF is reviewing Russia’s role at the FATF and will consider steps to uphold its core values.