International

ESG / Sustainability

New IIGCC Net Zero Guidance for Private Equity Investors

By ESG Investor | 04/02/2022

The guidance outlines recommended scope, metrics and targets, and implementation actions investors can use when aligning PE assets with net zero ambitions.

AML / KYC

New Sanctions Imposed Against Myanmar Officials

By Editors | 04/02/2022

US and Singapore officials have reportedly met to discuss ways to limit Myanmar’s military from accessing financial assets overseas.

Fintech / Regtech

IMF Urges El Salvador to Remove Bitcoin’s Legal Tender Status

By Editors | 03/02/2022

The IMF said the adoption of a cryptocurrency as legal tender entails “large risks” relating to financial stability, financial integrity, and consumer protection.

ESG / Sustainability

ISSB Climate Standard Won’t Ignore Impact – IOSCO

By ESG Investor | 03/02/2022

Interoperability between reporting standards and across jurisdictions is key to establishing a global baseline, says IOSCO chair Ashley Alder.

AML / KYC

Preparing for New Russia-Related Sanctions, Export Controls

By Nick Turner | 01/02/2022

Nick Turner and Steptoe partners summarize noteworthy US proposals for imposing Russia-related sanctions over the situation in Ukraine.

Big Picture

WEF Report Calls for Cybersecurity to be Prioritised

By Editors | 30/01/2022

The report highlights prioritisation gaps between business executives and security-focused leaders, saying this can leave firms vulnerable to attacks.

AML / KYC

Europol Outlines Different Ways Criminals Use Cryptocurrency

By Sanday Chongo Kabange | 29/01/2022

A new Europol report highlights that the illicit use of crypto includes “all types of crime that require transfers of monetary value”.

Fintech / Regtech

Virtual Banking and Consent-based Data Governance

By Manesh Samtani | 27/01/2022

New BIS paper says consent-based data governance systems with low transaction costs are key to promoting the development of virtual banking worldwide.

AML / KYC

Will 2022 Be the Year of NFT Regulation?

By Javier Tamashiro | 27/01/2022

The jury is still out on how the NFT arena will be regulated, but marketplaces should still be applying a baseline standard of compliance practice, says Javier Tamashiro.