International

Big Picture

The ESG Interview: Asia Plots its Own Path

By ESG Investor | 11/03/2021

Mercer’s Alexis Cheang sees parallels and differences in the approaches of the region’s asset owners and policy-makers.

Market Infrastructure

LIBOR Transition: Derivatives Market Has Clarity: ISDA

By Manesh Samtani | 11/03/2021

The FCA’s recent announcement has provided clarity on the future of all LIBOR settings. But, derivatives market participants still have work to do.

EBA on Heightened Security Alert Following Cyber Attack

By Editors | 09/03/2021

Tens of thousands of organisations in Asia, Europe and the US were targeted in a campaign that exploited vulnerabilities in different versions of Microsoft’s mail server software.

ESG / Sustainability

IFRS Foundation Outlines Plans for Sustainability Reporting Board

By Editors | 08/03/2021

The Trustees remain on track to make a final determination about a new board in advance of the November 2021 United Nations COP26 conference.

Securities / Derivatives

IOSCO to Review Liquidity Risk Management at Investment Funds

By Sanday Chongo Kabange | 08/03/2021

IOSCO is asking asset managers to participate in a survey on their liquidity risk management practices and experiences during the March 2020 market turmoil.

AML / KYC

FATF Publishes Guidance on Risk-based AML/CFT Supervision

By Editors | 08/03/2021

The guidance includes practical advice to address common challenges in risk-based supervision, including examples of strategies for supervising DNFBPs and VASPs.

Market Infrastructure

FCA Formally Announces Intended Cessation Dates for LIBOR

By Manesh Samtani | 07/03/2021

ISDA has confirmed that the FCA’s announcement constitutes an index cessation event and that the spread adjustment to be used in fallbacks has been fixed.

AML / KYC

GLEIF Sets Out Process for Validation Agent Trial Phase

By Editors | 07/03/2021

The goal of the Validation Agent role is to streamline the LEI issuance process by enabling FIs to directly liaise with LEI Issuers on clients’ behalf during onboarding.

ESG / Sustainability

EU: Delay to Finalised RTS Generates SFDR Uncertainty

By ESG Investor | 04/03/2021

Asset managers had hoped that finalised regulatory technical standards for Level 2 SFDR reporting would be available to assist preparations for Level 1 compliance.