International

ESG Data

TNFD Launches ‘Data Catalyst’ to Support Nature Disclosures 

By ESG Investor | 15/07/2022

New initiative aims to bring together parties across the nature-related data landscape to respond to gaps and challenges.

Climate Risk

Encouraging Progress on Climate Risk Roadmap: FSB

By Editors | 15/07/2022

The FSB has published its first annual stocktake on progress to address climate-related financial risks since the release of its roadmap last July.

Structural Regulation

OECD Confirms Timeline Revision for New Global Tax Rules

By Editors | 15/07/2022

A new international treaty for the Pillar One reforms will be finalised by mid-2023 for entry into force in 2024.

Stablecoins

CPMI, IOSCO Issue Final Guidance on Stablecoin Arrangements

By Editors | 14/07/2022

CPMI and IOSCO confirm that the PFMI apply to systemically important stablecoin arrangements that transfer stablecoins.

Emerging Prudential Risks

FSB Updates G20 on Covid-19, Climate, Crypto Work

By Editors | 13/07/2022

Accompanying the letter to the G20 is a report on exit strategies to address COVID-19 scarring in the financial sector, and a statement on crypto-asset regulation.

Anti-Money Laundering

GCFFC Offers Recommendations on Improving AML Effectiveness

By Manesh Samtani | 12/07/2022

PPPs could benefit from the FATF providing a clearer endorsement of their benefits within the global framework, the paper says.

CBDCs

New Report Offers Guidance to Central Banks on CBDC Design

By Editors | 12/07/2022

A report from CPMI, BISIH, IMF and World Bank assesses the options for access to and interoperability of CBDCs, to ensure they improve cross-border payments.

Fraud, Scams & Cybercrime

Crypto Firm Celsius Network Accused of Running Ponzi Scheme

By Editors | 12/07/2022

A lawsuit filed by a former Celsius money manager says the company mismanaged customer funds, failed to perform basic internal auditing, and manipulated crypto-assets.

Payments & Settlements

CPMI Offers Global Framework for Interlinking Payment Systems

By Editors | 12/07/2022

The growing use of APIs and the adoption of ISO 20022 have opened up new possibilities for facilitating payment system interlinking, CPMI says.