International

Fintech / Regtech

ICE Makes ‘Strategic Investment’ in Digital Securities Platform tZero

By Editors | 24/02/2022

tZERO operates a digital marketplace for unique private assets, public equities, cryptocurrencies, and other digital assets, including NFTs.

Market Infrastructure

ANNA Confirms Timeline for Implementing Revised ISIN Standard

By Editors | 24/02/2022

A highlight of the revised ISO 6166 ISIN standard is the formal inclusion of LEI, CFI and FISN as part of the minimum data record.

Big Picture

GFMA Paper Outlines Benefits and Challenges of Wholesale CBDCs

By Editors | 23/02/2022

A wholesale CBDC must be crafted with public and private sector collaboration. Implementation timelines should be set cautiously.

FSB Seeks Market Views on Resolving Debt Overhang Issues

By Editors | 23/02/2022

Debt overhang of corporates could create a drag on economic recovery of jurisdictions and pose risks to financial stability, the FSB says.

AML / KYC

US, EU, UK, Japan Announce Sanctions Against Russia

By Manesh Samtani | 22/02/2022

Sanctions are being imposed against Russian state-owned banks, officials, oligarchs, and new debt issued by the central bank, sovereign wealth fund or government.

Capital / Liquidity

Bank Liquidity Has Improved Amid Pandemic: BCBS

By Editors | 22/02/2022

Capital shortfalls for the final Basel III requirements are at a historically low level, due at least in part to capital distribution constraints during the pandemic.

AML / KYC

US Imposes Sanctions Against ‘Breakaway’ Regions in Ukraine

By Editors | 22/02/2022

The sanctions come after Russian President Vladimir Putin signed a decree recognising two regions in eastern Ukraine as independent.

AML / KYC

Tax Justice Network: Measures to Address Complex Ownership

By Manesh Samtani | 21/02/2022

Countries should ‘name and shame’ companies with highly complex ownership structures and consider forcing ‘too complex to fail’ companies to simplify.

AML / KYC

Suisse Secrets: Data Leak Reveals Criminals Clients at Swiss Bank

By Manesh Samtani | 21/02/2022

The data unearthed evidence that Credit Suisse accounts were used by clients involved in torture, drug trafficking, money laundering, corruption and other serious crimes.