International

ESG Data

NGFS Issues Final Report on Bridging Climate-related Data Gaps

By Sanday Chongo Kabange | 08/07/2022

The largest gaps are for biophysical impact, emissions and geospatial data types, which affect use cases such as investment and lending decisions and exposure quantification.

Cryptocurrency

Crypto Firm Voyager Digital Files for Bankruptcy, FDIC Opens Probes

By Editors | 08/07/2022

Voyager previously used wording on a company web page implying that deposit protection could apply in the event of the company’s own failure.

Payments & Settlements

FSB Advances Work on G20 Cross-border Payments Roadmap

By Editors | 08/07/2022

The FSB has proposed KPIs and data sources for monitoring progress toward quantitative global targets for addressing the challenges faced by cross-border payments.

Emerging Prudential Risks

BCBS Issues Guidance for Supervisors on Proportionality

By Editors | 08/07/2022

Proportionate approaches provide regulatory certainty without being overly static, which can create favourable operating environments for both banks and supervisors.

Cryptocurrency

IOSCO Outlines Planned Work to Address Crypto Market Risks

By Editors | 07/07/2022

The roadmap will initially focus IOSCO’s Fintech Taskforce on work to analyse and respond to market integrity and investor protection concerns.

Cybersecurity

GLEIF Launches vLEI Issuer Qualification Programme

By Manesh Samtani | 07/07/2022

The vLEI is a digital version of the LEI which can be securely verified online against the source information held in GLEIF’s data repository.

Emerging Prudential Risks

IMF Calls for Strengthening of Capital Markets Regulation

By Editors | 07/07/2022

Securities regulators have generally not seen increases in their resources despite their expanding regulatory perimeters and raised supervisory expectations.

PEPs & Sanctions

Crypto Industry Seeks Public Sector Support on Sanctions Issues

By Manesh Samtani | 06/07/2022

More than 15 million crypto addresses have been linked to criminal activity with a nexus in Russia, a new GDF report says.

Anti-Money Laundering

Puerto Rico Forces Closure of Bank Involved in Global Tax Probe

By Manesh Samtani | 06/07/2022

Peter Schiff’s Euro Pacific Bank was forced to close over capital shortfall and regulatory violations. The bank has been at the centre of a global tax evasion probe.