International

Cryptocurrency

Central African Republic Adopts Bitcoin as Legal Tender

By Editors | 06/05/2022

The adoption of Bitcoin as legal tender is expected to make transactions in CAR easier, but the move is seen as part of a power struggle between Russia and France.

Anti-Money Laundering

J5 Publishes Red Flag Indicators to Address NFT Risks

By Editors | 05/05/2022

Tax enforcement agencies provide a list of account and transaction attributes from NFT marketplaces that may indicate fraud or other illicit activity.

Emerging Prudential Risks

DTCC Calls for Greater Scrutiny of Interconnectedness Risks

By Editors | 05/05/2022

Interconnectedness, while providing benefits, poses certain risks that need to be recognised and analysed to guard against system-wide vulnerabilities, DTCC says.

Payments & Settlements

Technology and Regulations Clash: Apple Vs EU Antitrust Law

By Peter Guy | 05/05/2022

European Commission has not shown cause for anti-trust allegations as consumers strongly support Apple payment technology, writes Peter Guy.

PEPs & Sanctions

European Commission Proposes Complete Ban on Russian Oil

By Editors | 05/05/2022

Three more Russian banks will be removed from SWIFT, three broadcasters will be blocked, and more military officers and individuals will be sanctioned.

Custody & Infrastructure

AIMA Publishes Institutional Investor Guide on Digital Asset Custody

By Editors | 04/05/2022

The guide was produced with contributions from Anchorage Digital, Barclays Investment Bank, Capco, Coinbase, Copper, Digivault, and Fidelity Digital Assets, among others.

PEPs & Sanctions

EU Set to Propose Sixth Sanctions Package Against Russia

By Manesh Samtani | 04/05/2022

The new measures include a possible phased-in embargo on buying Russian oil and EU sanctions against Sberbank, with Germany’s backing.

Reporting & Disclosures

EFRAG Consults on European Sustainability Reporting Standards

By ESG Investor | 03/05/2022

The double materiality-based standards are designed to underpin the EU’s Corporate Sustainability Reporting Directive.

Cloud & Infrastructure

DSB Issues Consultation on OTC ISIN and CFI Service

By Editors | 30/04/2022

The consultation focuses on remediation work following a technical review of the DSB’s cloud infrastructure, enterprise-wide risk monitoring tools, and GUI enhancements.