International

Climate Risk

Global Resilience Programme for Climate Launched

By ESG Investor | 08/11/2022

The Climate Bonds Initiative has launched programme to mobilise capital markets to bolster resilience in the face of climate change.

Reporting & Disclosures

Insurance Target-Setting Protocol Open for Feedback

By ESG Investor | 07/11/2022

The UN-convened Net Zero Insurance Alliance has launched a public consultation outlining a recommended approach to target-setting and reporting.

Custody & Infrastructure

Goldman, MSCI, Coin Metrics Launch Taxonomy for Digital Assets

By Editors | 07/11/2022

The taxonomy classifies coins and tokens based on how they are used to facilitate digital asset portfolio analysis, monitoring, benchmarking, and risk management.

Nature & Biodiversity

TNFD Update Allows Varying Approaches to Materiality

By ESG Investor | 06/11/2022

V0.3 of nature risks and disclosure framework also covers nature-focused metrics, target-setting and supply chain traceability.

Payments & Settlements

Standard Chartered to Join Partior as Founding Shareholder

By Editors | 06/11/2022

The investment will strengthen Partior’s international reach and capabilities, while also helping StanChart accelerate the deployment of blockchain tech across its own network.

Climate Risk

Banks Working to Assess Climate Impacts on Trading Book

By Editors | 06/11/2022

An ISDA-EY report says banks see the potential benefits of engaging with regulators to help define and run an exploratory scenario for the trading book.

Emerging Prudential Risks

BIS Report Offers Guidance on Managing FX and Capital Flow Volatility

By Editors | 03/11/2022

Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.

Anti-Money Laundering

Crypto Being Used to Finance More Terrorist Activities: UN Official

By Editors | 03/11/2022

Up to 20 percent of terrorist attacks are seen as crypto-financed or linked to digital assets, compared to just 5 percent a couple of years ago.

Clearing & Post-Trade

BNP Paribas Completes Successful DRR Test for CFTC Rewrite

By Editors | 03/11/2022

BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.