International

CBDCs

SWIFT to Develop Capabilities to Interlink CBDCs With Payment Systems

By Sanday Chongo Kabange | 25/05/2022

SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.

Cryptocurrency

GBBC, GDF Merge to Create 500 Member Association

By Editors | 25/05/2022

The combined influence of GBBC and GDF is expected to help facilitate global collaboration on a robust global framework for crypto assets.

Capital Adequacy

How Canada’s Big Banks Used Their War Chests During the Pandemic

By Lalinda Sugathadasa | 25/05/2022

Lalinda Sugathadasa analyses the approach Canadian regulators and D-SIBs adopted during the pandemic to remain profitable despite a build-up of excess capital.

Cryptocurrency

CME to Launch Crypto Reference Rates, Indices in Euro

By Editors | 24/05/2022

New non-tradable EUR-denominated reference rates and real-time indices for Bitcoin and Ether will be published starting 6 June.

Nature & Biodiversity

TNFD Launches Collaborative Initiatives to Refine Reporting Framework

By ESG Investor | 24/05/2022

TNFD consultation groups from Australia and New Zealand, India, Japan, the Netherlands, Switzerland, and the UK have been formed.

Capital Adequacy

ISDA Analysis Shows Effectiveness of Crypto Hedging

By Editors | 24/05/2022

The analysis suggests that a less punitive capital framework should be considered for banks’ exposures to Bitcoin and Ethereum.

Trading & Investment

ARRC Endorses 12 Month Term SOFR for Legacy LIBOR Loans

By Manesh Samtani | 24/05/2022

ARRC approved the CME 12-month Term SOFR rate for legacy LIBOR consumer products and trade and receivables finance.

Climate Risk

NGFS Issues Reports on Climate-related Risks and Ratings

By Editors | 24/05/2022

Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.

Structural Regulation

ISDA Offers Derivatives Policy Guidance to Emerging Markets

By Editors | 23/05/2022

ISDA’s paper offers a framework for emerging and developing market policymakers seeking to transpose global standards for derivatives markets in local rule sets.