International

    Sustainable Finance

    UBS, StanChart, BNP Sign On to Join VCM Initiative

    By Editors | 16/02/2022

    The initiative, now known as Carbonplace, will seek to develop infrastructure to facilitate reliable, secure, and scalable trading of high-integrity carbon credits.

    CBDCs

    IMF Paper Offers Insights from Six CBDC Pioneer Projects

    By Sanday Chongo Kabange | 15/02/2022

    A new IMF paper offers lessons on CBDCs drawn from ongoing projects in China, the Bahamas, Sweden, Uruguay, Canada and the ECCU.

    Trading & Investment

    FMSB Issues Standards on Sharing Investor Allocation Information

    By Editors | 15/02/2022

    The Standard sets out practices for syndicate banks on the sharing of investor allocation information in the fixed income primary markets.

    Tokenisation

    UN Agency Approves Technical Standards Project for NFTs

    By Editors | 14/02/2022

    The project is led by Tencent, with support from other companies, universities and institutions including Ant Group.

    Cloud & Infrastructure

    Interconnected Data: A Strategic Approach to Regulatory Compliance

    By Bradley Foster | 14/02/2022

    Bradley Foster and Murat Bozdemir discuss the need to have a strategic data framework in place to ensure regulatory compliance and set out operational best practices for the road ahead.

    ESG Data

    Credible Data for a Sustainable Future

    By Ashley Alder | 13/02/2022

    Ashley Alder, Chair of IOSCO and CEO of the HK SFC, calls for greater consistency and transparency for ESG ratings and data.

    Payments & Settlements

    Capital Controls Slowing Down Cross-Border Payments: CPMI

    By Sanday Chongo Kabange | 13/02/2022

    Using SWIFT gpi datasets, CPMI identified capital controls, longer bank offline hours, and batch processing as factors that slow down cross-border payments.

    Cryptocurrency

    FSB Working on Global Regulatory Framework for Crypto

    By Manesh Samtani | 11/02/2022

    The FSB is reportedly “going full steam” on the issue of developing global regulatory standards for the crypto asset market.

    Emerging Prudential Risks

    Banks with Shadow Loans Face Higher Funding Costs

    By Sanday Chongo Kabange | 10/02/2022

    A new BIS paper finds that banks with high shadow loans face higher funding costs in the wholesale market and witness lower returns during market stress.

    Reporting & Disclosures

    EU Due Diligence Proposal Expected Before end-February

    By ESG Investor | 10/02/2022

    Investors and companies are urging the European Commission to adopt supply chain scrutiny rules “without further delay”.

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