International

Big Picture

Capital Controls Slowing Down Cross-Border Payments: CPMI

By Sanday Chongo Kabange | 13/02/2022

Using SWIFT gpi datasets, CPMI identified capital controls, longer bank offline hours, and batch processing as factors that slow down cross-border payments.

Fintech / Regtech

FSB Working on Global Regulatory Framework for Crypto

By Manesh Samtani | 11/02/2022

The FSB is reportedly “going full steam” on the issue of developing global regulatory standards for the crypto asset market.

Big Picture

Banks with Shadow Loans Face Higher Funding Costs

By Sanday Chongo Kabange | 10/02/2022

A new BIS paper finds that banks with high shadow loans face higher funding costs in the wholesale market and witness lower returns during market stress.

Fintech / Regtech

SETL, Digital Asset to Create Regulated Network for Tokens

By Editors | 10/02/2022

The network will enable central banks and regulated institutions to create tokens for customers, where each token will represent a regulated liability.

Capital / Liquidity

GHOS Reaffirms Commitment to Timely Basel III Implementation

By Manesh Samtani | 10/02/2022

The outstanding reforms will help to restore credibility in bank capital ratios, said Pablo Hernández de Cos, who has been reappointed as chair of the BCBS.

AML / KYC

GLEIF Publishes Governance Details for Digitally Verifiable LEI

By Manesh Samtani | 08/02/2022

The vLEI Ecosystem Governance Framework is part of an initiative to ensure that every legal entity has a digital identity that can be trusted and easily verified.

ESG / Sustainability

How Asset Managers Are Using New Sustainability Taxonomies

By Mark Uhrynuk | 07/02/2022

Mark Uhrynuk and Alexander Burdulia discuss taxonomies that have been developed, how asset managers are already applying them, and the associated challenges.

ESG / Sustainability

PRI Calls for ISSB Prototype to go Further on Materiality

By ESG Investor | 07/02/2022

The PRI also recommends improvements with regard to interoperability, presentation of disclosure requirements and implementation.

AML / KYC

Crypto Prepares for a Regulated Future

By David Liu | 07/02/2022

As crypto goes mainstream, regulatory compliance will require robust and financial institution-grade AML and KYC processes, says David Liu.