International

    AML / KYC

    US, German Authorities Target World’s Largest Darknet Market

    By Manesh Samtani | 07/04/2022

    OFAC has sanctioned Russia-based website Hydra Market and crypto exchange Garantex for facilitating transactions for ransomware actors.

    Big Picture

    Financial Institutions Underestimating Climate Risk: IPCC Report

    By Editors | 07/04/2022

    Transparency alone is insufficient to drive the required asset reallocation in the absence of clear regulatory frameworks, the report says.

    Securities / Derivatives

    IOSCO Seeks Feedback Bond Market Liquidity, ETF Guidance

    By Editors | 07/04/2022

    IOSCO is considering ways to improve the functioning of corporate bond markets. It is also proposing new guidance to improve ETF markets.

    AML / KYC

    US, UK Announce New Russia Sanctions, EU to Ban Coal Imports

    By Manesh Samtani | 06/04/2022

    New sanctions imposed against Sberbank, Alfa Bank, Credit Bank of Moscow, Putin’s adult daughters, and more Russian officials and oligarchs.

    AML / KYC

    From Russia in Haste

    By ESG Investor | 06/04/2022

    The response of corporates and investors to the invasion of Ukraine suggests both need to overhaul their due diligence processes.

    Market Infrastructure

    FSB Applauds ‘Smooth Transition’ Away from LIBOR

    By Editors | 05/04/2022

    The FSB highlights a need to continue building liquidity in RFR-based products, use SOFR across global markets, and plan for the remaining USD LIBOR settings to cease.

    Big Picture

    “Room for Improvement” in Climate Risk Tools – UNEP FI

    By ESG Investor | 03/04/2022

    Greater scope and depth needed to keep pace with demand for more holistic approaches to climate risk management by banks and investors.

    AML / KYC

    The Future of AML Auditing is Increasingly Digital

    By Claus Christensen | 03/04/2022

    A shift to digital-first AML auditing and more open communications will improve efficiency and effectiveness for regulators and regulated entities alike, writes Claus Christensen.

    Big Picture

    BCBS Expresses Concerns About Fourth Party Technology Risks

    By Editors | 01/04/2022

    Banks and supervisors are concerned that a lack of complete supply chain transparency may increase operational risk.

    Fintech / Regtech

    ISDA Publishes New Paper on Digital Regulatory Reporting

    By Editors | 01/04/2022

    DRR will allow for consistent rule interpretation, more streamlined and automated reporting, and fewer data quality issues, ISDA says.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.