International

Market Infrastructure

Best Practice for Tackling Shareholder Disclosure Rules

By Daniel Flatt | 16/06/2020

As regulators seek ways to protect domestic assets during this economic downturn, experts from Deloitte, BlackRock and AxiomSL outlined common-sense advice on how to handle rapid regulatory change.

Market Infrastructure

EC Proposes Simplified Approach to Supervising Non-EU CCPs

By Editors | 14/06/2020

Under the new approach, third-country CCPs that are not deemed systemically important will only be subject to basic ESMA supervision, relying on ‘comparable compliance’.

Market Infrastructure

WFE Issues Guidance on CCP Handling of Non-default Losses

By Editors | 11/06/2020

At the ten largest CCPs, no CCP has ever allocated a loss to a clearing member related to custody or collateral investment through its rulebook, the guidance makes clear.

Big Picture

FMSB Offers Guidance on LIBOR Transition Conduct Risks

By Editors | 11/06/2020

Uncertainties associated with the transition may make it harder for firms to identify how to treat their customers fairly, and to demonstrate that they have done so, the FMSB says.

Securities / Derivatives

ICMA Releases Guidance for Issuers of Sustainability-Linked Bonds

By Editors | 10/06/2020

Sustainability-linked bonds are performance-based bond instruments where the issuer is committing to future improvements in sustainability outcomes within a predefined timeline.

AML / KYC

‘Global Coalition to Fight Financial Crime’ Formally Launches

By Editors | 07/06/2020

The GCFCC’s members include the Atlantic Council, Crime Stoppers International, EBF, Europol, FFIS, Freedom Seal, GFI, IIF, MENA FCCG, Rani’s Voice, Refinitiv, RUSI, and World Economic Forum.

AML / KYC

Addressing Heightened KYC Risk with Data and Automation

By Editors | 07/06/2020

Managing KYC risk assessment in a sea of increasingly complex data sets calls for smart automated solutions to manage alerts.

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.