International

AML / KYC

ACAMS, FAST Collaborate to Fight Modern Slavery, Human Trafficking

By Editors | 04/06/2020

A new ‘Fighting Modern Slavery and Human Trafficking’ certificate is being provided free-of-charge to financial sector actors.

Market Infrastructure

Navigating Private Credit Markets Risks with Better Data

By Editors | 03/06/2020

Data has never been more essential to making informed decisions, particularly in private markets where internal data at financial institutions is typically thin.

Capital / Liquidity

Loan Payment Holidays Pose Banking System Risks: FSI Paper

By Editors | 01/06/2020

Delaying loan loss recognition too long may leave banks and supervisors with fewer options for dealing with future risks to the banking system, a new paper says.

AML / KYC

Data, Technology Provide Remedy for Covid-related Financial Crime

By Editors | 01/06/2020

In a recent Bureau van Dijk webinar, industry experts examined how data, technology and AI can help mitigate the risk of criminals benefitting from the Covid-19 cash pump.

Market Infrastructure

ISDA to Launch 2020 Definitions on Digital Platform by Year-End

By Editors | 31/05/2020

Over time, the platform will allow information contained in the ISDA 2020 Definitions to automatically flow through to trading, operational and risk management systems.

Market Infrastructure

WFE Details Industry Efforts to Ensure Cyber Resilience of Markets

By Editors | 29/05/2020

WFE members are continuously investing resources and technology to enhance their capabilities under the philosophy that it is not a question of ‘if’ they experience a cyber incident but when.

Fintech / Regtech

IOSCO Consults on Updated Set of Outsourcing Principles

By Editors | 28/05/2020

The principles include selection due diligence, information security, confidentiality issues, outsourcing risk concentration, and access to data, among others.

AML / KYC

Humanitarian Trade with North Korea: A Matter of Trust

By Eric A. Sohn | 28/05/2020

Eric A. Sohn at Dow Jones Risk & Compliance discusses what is needed for the US to agree to a mechanism for humanitarian trade with North Korea.

Market Infrastructure

NGFS Publishes Climate Risk Best Practices of Supervisors, Banks

By Editors | 27/05/2020

Most banks have undertaken an operational commitment towards greening their balance sheets, consider their actions to be part of their corporate social responsibility or risk mitigation measures.