International

Crypto / Digital Assets

G20 to Use All Available Policy Tools for As Long As Required

By Manesh Samtani | 11/04/2021

G20 Finance Ministers and Central Bank Governors committed to avoiding any premature withdrawal of Covid-19 support measures, in line with the FSB’s recommendations.

Market Infrastructure

Bloomberg Confirms BSBY Adheres to IOSCO Principles

By Editors | 11/04/2021

BSBY includes a term structure and systemic credit-sensitive spread, and can be used to supplement Term SOFR in the lending market.

AML / KYC

FATF President Calls for Rethink of Regulatory Culture

By Manesh Samtani | 09/04/2021

Dr Marcus Pleyer says supervisors and compliance officers in banks and companies mostly still take a basic tick-box approach.

Market Infrastructure

IMF Launches Climate Change Indicators Dashboard

By Editors | 08/04/2021

The platform brings together experimental climate change indicators to fill existing data gaps and allow comparisons across countries.

Big Picture

Exchanges Seek Better Calibration of Circuit Breakers: WFE

By Editors | 08/04/2021

Eleven exchanges recalibrated their circuit breakers during the pandemic or as a consequence of it, according to a new WFE paper.

Market Infrastructure

G20 to Seek Consensus on Global Minimum Corporate Tax Rate

By Manesh Samtani | 08/04/2021

Janet Yellen is calling for a global minimum corporate tax rate. France, Germany, Japan and the European Commission are backing the proposal.

ESG / Sustainability

NGFS, INSPIRE to Study Financial Risks of Biodiversity Loss

By Editors | 07/04/2021

The research will seek to understand how central banks and supervisory authorities can fulfil their financial stability mandates in the context of biodiversity loss.

Big Picture

Premature Withdrawal of Support May Threaten Financial Stability: FSB

By Manesh Samtani | 07/04/2021

As public support is phased out, the ability of banks and non-bank financial institutions to bear risks and provide financing will be critical, the FSB says.

Capital / Liquidity

No Material Negative Side Effects to TBTF Reforms: FSB

By Editors | 03/04/2021

Indicators of systemic risk and moral hazard moved in the right direction, suggesting that market participants view these reforms as credible, the FSB says.