International

AML / KYC

DPRK Sanctions Evasion Not Being Captured by Regulation

By Manesh Samtani | 07/01/2022

Gatekeeper professions play an important role in facilitating North Korean sanctions evasion, RUSI says in a new paper.

AML / KYC

Trade Misinvoicing a Persistent Problem Across Nations: GFI

By Manesh Samtani | 22/12/2021

GFI says countries need to make trade misinvoicing illegal at the national level and strengthen law enforcement capacities of customs authorities.

Market Infrastructure

‘SOFR First’ Concludes with Publication of User Guide

By Editors | 21/12/2021

The user guide outlines best practices for transitioning new exchange-traded derivatives activity to SOFR activity in the near term.

Fintech / Regtech

New Carbon Accounting Guidance Issued for Crypto Sector

By Mark Johnston | 21/12/2021

Guidance from the Crypto Climate Accord describes how stakeholders in the crypto sector can measure, track, and report their electricity use and GHG emissions.

Fintech / Regtech

Global Regulatory Framework for Crypto Likely Next Year

By Editors | 21/12/2021

Benoît Cœuré said the “wake-up call” for regulators has been the rapid growth of DeFi, as its interconnectedness with traditional finance creates potential systemic risk.

Big Picture

Global Debt Reached Record $226tr in 2020: IMF

By Editors | 20/12/2021

The debt surge has amplified vulnerabilities and constrained the ability of governments and the private sector to support the recovery.

Market Infrastructure

FSB Calls For Papers on NBFI Risks and Policy Remedies

By Editors | 20/12/2021

The papers will be used to advance the FSB’s understanding of systemic risks in NBFI and specific policy approaches that may be used to address them.

Big Picture

NBFI Vulnerabilities “Broadly Stable” Year-to-year: FSB

By Editors | 17/12/2021

Largely unchanged measures of credit intermediation, maturity and liquidity transformation, and leverage highlight the rapid response and impact of official sector intervention.

ESG / Sustainability

NGFS Issues Guidance for Central Banks on Climate Disclosure

By Editors | 17/12/2021

The ‘how-to’ guide allows central banks to take their own specificities into account and to flexibly decide on the scope and depth of their disclosure, the NGFS said.