ADVERTISEMENT
Cryptocurrency
FSB Unveils Proposed Global Regulatory Framework for Crypto
By Editors | 12/10/2022
The framework covers all crypto-asset activity, as well as associated issuers and service providers, that have the potential to pose financial stability risks.
Climate Risk
Turn Commitments into “Hard Numbers”, says GFANZ’s Carney
By ESG Investor | 11/10/2022
Transition plans should demonstrate alignment with 2030 decarbonisation targets, says UN Climate Envoy Mark Carney.
PEPs & Sanctions
US Targets Fuel Procurement Network in Latest DPRK Sanctions
By Editors | 11/10/2022
The sanctions are against two Singapore companies, a Marshall Islands entity, and two individuals for illicit ship-to-ship transfers to deliver fuel to North Korea.
Payments & Settlements
FSB Unveils Plans for Next Phase of Cross-Border Payments Work
By Editors | 11/10/2022
The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.
Capital Adequacy
European Commission May Scrap Stricter Foreign Bank Rules
By Editors | 10/10/2022
Proposed requirements that would automatically require foreign banks to set up a subsidiary if they reach a certain size may […]
Data Privacy
US, EU Move to Adopt New Data Sharing Framework
By Editors | 10/10/2022
The legal basis for transatlantic data transfers has been uncertain since 2020, after the EU-US Privacy Shield was declared invalid under EU law.
Fraud, Scams & Cybercrime
Binance Suffers Crypto Hack, But Contains Losses
By Editors | 10/10/2022
After managing to freeze the majority of the stolen assets, Binance said about $100mn in unrecovered funds remains, out of $570mn that was initially stolen.
Nature & Biodiversity
Risk Monitoring Needed for Non-Climate ESG Risks: FSA
By Manesh Samtani | 09/10/2022
Risk practitioners should establish risk monitoring systems that cover sustainability themes beyond climate change, said the FSA’s Satoshi Ikeda.
Cryptocurrency
CME to Launch New Crypto Reference Rates, Indices
By Editors | 08/10/2022
New reference rates and real-time indices will be introduced for AVAX, FIL and XTZ. The launch will not include tradable futures products.
Liquidity Risk
IMF Calls on Policymakers to Address Fund Redemption Risks
By Editors | 08/10/2022
Policymakers should provide guidance on how open-ended funds should calibrate swing pricing and similar tools, and monitor their implementation.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.