International

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.

AML / KYC

ANNA Announces Expansion of ISIN-to-LEI Mapping Initiative

By Editors | 16/12/2020

The linking of ISINs and LEIs effectively links issuers to the issuance of securities, thereby improving transparency and aiding risk and exposure management.

Press Release

Regulation Asia Awards for Excellence 2020 – Results Announcement

By Editors | 15/12/2020

Regulation Asia held its third annual Awards ceremony on 15 December 2020 to recognise those in the industry that have helped address changing regulatory requirements in Asia Pacific over the past year.

ESG / Sustainability

Paris Anniversary Marked by New Finance Initiative

By ESG Investor | 14/12/2020

Participating countries issued new commitments related to the three pillars of the Paris Agreement at the Climate Ambition Summit 2020.

Big Picture

APAC Overtook US in AML Penalties For 2020: Fenergo

By Editors | 10/12/2020

APAC has overtaken the US in terms of the value of enforcement actions for the first time since 2015, largely due to the Goldman and Westpac cases.

Capital / Liquidity

Big Banks Were Progressing on Basel III Agenda Prior to Covid

By Editors | 10/12/2020

Under full phase-in of the final Basel III standards, the capital shortfalls at Group 1 banks were €10.7bn based on end-December 2019 data, compared with €16.6bn at end-June 2019.

Securities / Derivatives

ICMA Announces Launch of Climate Transition Finance Handbook

By Editors | 10/12/2020

The handbook provides clear guidelines on the disclosures on their climate change strategy issuers should make when raising funds in debt capital markets.

AML / KYC

Global LEI Foundation to Develop ‘Cryptographically Verifiable LEIs’

By Editors | 10/12/2020

The ‘vLEI’ will create a cryptographically secure chain of trust that replaces manual processes required to access and confirm an entity’s LEI data.

AML / KYC

FATF Releases New Report on Trade-based Money Laundering

By Editors | 09/12/2020

A key finding of the report is that greater awareness about all aspects of the trade process would likely increase opportunities to detect and disrupt TBML.