International

Big Picture

Asset Servicing Firms Face Spiralling Costs by Delaying ISO 20022 - Report

By Manesh Samtani | 12/07/2025

New report by The ValueExchange and SmartStream Technologies highlights that slow adoption of ISO 20022 is costing firms up to USD 21 million annually.

Fintech / Regtech

BRICS Advances SWIFT Alternative Plan, Taps Indonesia’s QRIS for Pilot

By Manesh Samtani | 11/07/2025

The BRICS group has tasked finance ministers with developing a cross-border payment system, but analysts point to significant technical and geopolitical hurdles.

AML / KYC

GLEIF Approves Singapore's TradeGo as Qualified vLEI Issuer

By Editors | 11/07/2025

The integration of verifiable digital identities into TradeGo's blockchain platform is expected to cut compliance costs and streamline cross-border commodity finance.

Capital / Liquidity

BCBS Flags Bank-NBFI Risks, Puts Synthetic Risk Transfers Under Scrutiny

By Manesh Samtani | 11/07/2025

New BIS report warns of growing interconnections and mutual dependence, highlighting the need for better data and signalling a probe into complex risk instruments.

ESG / Sustainability

Accountancy Bodies Issue Guidance on Materiality for ISSA 5000

By Manesh Samtani | 10/07/2025

A new report from ACCA and CA ANZ aims to ensure consistent application of the IAASB’s landmark sustainability assurance standard, ISSA 5000.

Securities / Derivatives

FSB Finalises Toolkit to Curb Non-Bank Leverage Risks

By Manesh Samtani | 10/07/2025

The FSB has issued new recommendations for authorities to monitor and control leverage in the growing non-bank sector.

Capital / Liquidity

BIS Paper Proposes Model to Price Physical Climate Risk in Bank Capital

By Manesh Samtani | 10/07/2025

New paper offers a way to integrate physical climate events into standard credit models, potentially raising capital requirements significantly.

Crypto / Digital Assets

Crypto Derivatives Exchanges Warned of Threat to Insurance Funds

By Manesh Samtani | 09/07/2025

A new report details how attackers exploit design flaws to drain platform reserves and urges proactive surveillance.

ESG / Sustainability

G20 Body Launches Consultation on Global Carbon Credit Data Model

By Manesh Samtani | 09/07/2025

A draft data model proposes standardised identifiers and data fields to boost transparency and unlock finance in fragmented carbon markets.