International

Crypto / Digital Assets

IOSCO Offers Guidance on Educating Investors on Crypto Asset Risk

By Editors | 29/12/2020

The report identifies the possible risks to retail investors in crypto-assets and describes how regulators can help inform them about these risks.

ESG / Sustainability

FSB Urges Standard Setters to Use TCFD Recommendations

By Editors | 22/12/2020

Using the TCFD recommendations as the basis for developing requirements or guidance for climate-related disclosures will help avoid the risk of market fragmentation, the FSB says.

ESG / Sustainability

Group of Five Releases Climate-Related Financial Disclosure Prototype

By ESG Investor | 21/12/2020

The proposed standard for sustainability-related financial disclosures builds on TCFD pillars and supports the IFRS consultation on non-financial reporting.

AML / KYC

ISDA Offers Guidance on Addressing Sanctions in Trading Agreements

By Editors | 20/12/2020

The guidance note helps parties consider whether it may be appropriate to include specific sanctions provisions in ISDA documentation.

Market Infrastructure

BCBS, CPMI Warn of Continued Risks Associated with FX Settlement

By Editors | 20/12/2020

Expanding the availability of PvP settlement to a wider range of transactions and actors will reduce FX settlement risk and support global financial stability.

AML / KYC

FATF Warns of Continued Criminal Exploitation of Covid-19

By Manesh Samtani | 17/12/2020

The effective use of technology to support onboarding and ensure effective information sharing has become even more important, the FATF says.

ESG / Sustainability

New Alliance Lays Out Recommendations to Tackle ESG Data Gaps

By ESG Investor | 17/12/2020

The Future of Sustainable Data Alliance will prepare a report to develop a detailed overview of the steps needed to address challenges in the ESG data space.

ESG / Sustainability

CDSB and GRI Back IFRS on Sustainability Reporting

By ESG Investor | 17/12/2020

The independent sustainability standards organisations call for increased cohesion between sustainability and financial reporting.

Securities / Derivatives

Fast Growing NBFI Sector Presents Financial Stability Risk: FSB

By Editors | 17/12/2020

NBFI that poses financial stability risk grew by 11.1% in 2019, at a faster pace than the average 7.1% annual growth rate from 2013-18.