International

KYC & CDD

Digital ID Perceived As Beneficial in Combatting Financial Crime

By Manesh Samtani | 14/04/2021

Digital IDs are perceived as beneficial for the fight against financial crime, an ACAMS-RUSI survey finds. However they may also present risks.

Reporting & Disclosures

The ESG Interview: Making Climate Data Comparable

By ESG Investor | 14/04/2021

IOSCO Chair Ashley Alder believes we’re in sight of “a real step change” in sustainability reporting, writes Chris Hall at ESG Investor.

Trading & Investment

FSB Issues Guidance on Implementing SFT Data Standards

By Editors | 13/04/2021

The FSB has published FAQs to help national authorities implement the SFT Data Standards to facilitate global collection and aggregation of SFT data.

Capital Adequacy

Banks Have Insufficient Incentives to Use Buffers: IMF

By Manesh Samtani | 12/04/2021

Most banks have insufficient economic incentives to draw down their buffers if they are asked to rebuild them later, says the IMF’s Global Financial Stability Report.

Emerging Prudential Risks

G20 to Use All Available Policy Tools for As Long As Required

By Manesh Samtani | 11/04/2021

G20 Finance Ministers and Central Bank Governors committed to avoiding any premature withdrawal of Covid-19 support measures, in line with the FSB’s recommendations.

Market Data & Technology

Bloomberg Confirms BSBY Adheres to IOSCO Principles

By Editors | 11/04/2021

BSBY includes a term structure and systemic credit-sensitive spread, and can be used to supplement Term SOFR in the lending market.

Anti-Money Laundering

FATF President Calls for Rethink of Regulatory Culture

By Manesh Samtani | 09/04/2021

Dr Marcus Pleyer says supervisors and compliance officers in banks and companies mostly still take a basic tick-box approach.

ESG Data

IMF Launches Climate Change Indicators Dashboard

By Editors | 08/04/2021

The platform brings together experimental climate change indicators to fill existing data gaps and allow comparisons across countries.

Trading & Investment

Exchanges Seek Better Calibration of Circuit Breakers: WFE

By Editors | 08/04/2021

Eleven exchanges recalibrated their circuit breakers during the pandemic or as a consequence of it, according to a new WFE paper.