International

Cryptocurrency

WEF Paper Calls for Balanced Approach to Crypto Regulation

By Sanday Chongo Kabange | 06/09/2021

Rather than banning cryptocurrencies, regulators are urged to collaborate to create regulatory clarity, close loopholes and mitigate regulatory arbitrage.

Fraud, Scams & Cybercrime

US SEC Charges BitConnect for $2bn Cryptocurrency Fraud

By Editors | 06/09/2021

BitConnect promised investors lucrative returns through the use of a proprietary trading bot, but investor funds were siphoned off by the company’s founder and others.

Tokenisation

Task Force Formed to Align Digital Token Identifier With ITSA Standard

By Editors | 04/09/2021

The task force was formed to examine synergies between Digital Token Identifiers and the technical identifiers issued by ITSA.

CBDCs

BIS, Four Central Banks Partner to Test Cross-Border CBDC Use

By Sanday Chongo Kabange | 03/09/2021

The BIS Innovation Hub Singapore Centre will test CBDCs for international settlements with the RBA, MAS, BNM and SARB.

Reporting & Disclosures

EU Banks Urged to Accelerate Adoption of ESG Risk Strategies

By ESG Investor | 02/09/2021

European Commission report finds most European banks are failing to highlight, measure and report on their ESG risks.

Sustainable Finance

Most Green Investment Funds Missing Paris Goals

By ESG Investor | 01/09/2021

New analysis says majority of climate-themed investment funds are not living up to claims, calls for increased regulatory oversight.

Payments & Settlements

IMF Spotlights Legal Challenges of Fintech for Central Banks

By Sanday Chongo Kabange | 30/08/2021

A new IMF paper discusses the impacts fintech will have on currency issuance, monetary policy implementation, and payment system soundness, among other functions of a central bank.

Structural Regulation

UK Competition Authority Opens Inquiry into S&P-IHS Deal

By Editors | 30/08/2021

The Competition and Markets Authority will announce in October whether it will refer the merger for a Phase 2 investigation.

PEPs & Sanctions

Screening Financial Instruments for Investment-related Sanctions Risk

By Manesh Samtani | 26/08/2021

Refinitiv identified over 190,000 financial instruments relevant to the US investment ban against Non-SDN Chinese Military-Industrial Complex Companies as of 28 July.