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AML / KYC
FATF Removes Sri Lanka from ‘Grey List’; Pakistan to Remain
By Editors | 23/10/2019
Sri Lanka has made “significant progress” to address strategic AML/CFT deficiencies; Pakistan has only largely addressed 5 of 27 action items and has failed to meet agreed deadlines.
Fintech / Regtech
Suptech Gains Momentum but Approaches Vary: FSI Paper
By Editors | 23/10/2019
Suptech use cases have mainly clustered around misconduct analysis, reporting and data management, according a new paper from the BIS Financial Stability Institute.
Market Infrastructure
ISDA Publishes Final Results of IBOR Pre-Cessation Consultation
By Manesh Samtani | 22/10/2019
The consultation did not yield a consensus among market participants regarding how to address pre-cessation issues related to a benchmark’s nonrepresentativeness.
Market Infrastructure
ASIC, ESMA Sign MOU to Cooperate on Benchmarks
By Editors | 22/10/2019
The MoU sets out cooperation arrangements to complement the EU’s July equivalence decision, as well as to ensure effective information exchange and supervisory coordination.
Securities / Derivatives
NGFS Publishes Guide to Sustainable Investing for Central Banks
By Editors | 21/10/2019
The guide identifies the five most common ‘sustainable and responsible investment’ strategies used in central bank portfolio management.
Capital / Liquidity
BCBS Releases 17th Progress Report on Basel III Adoption
By Editors | 21/10/2019
Since the previous report, member jurisdictions have made the most progress in adopting the NSFR, IRRBB, and large exposures framework.
Fintech / Regtech
G20 Finance Leaders Agree to Regulate Stablecoins
By Editors | 21/10/2019
Amid warnings from the FSB and FATF, the G20 finance leaders have agreed that no stablecoin project should commence operation until their risks are evaluated and appropriately addressed.
Market Infrastructure
Post Crisis Reform Implementation Has Progressed in 2019: FSB
By Editors | 18/10/2019
Regulators should lead by example to promote the timely, full and consistent implementation of remaining reforms to support a level playing field and avoid regulatory arbitrage, the FSB says.
Market Infrastructure
FSB Reports on OTC Derivatives Reform Progress
By Editors | 16/10/2019
Comprehensive trade reporting requirements are in force in 23 of 24 FSB member jurisdictions, and authorities are increasingly making use of trade repository data.
Securities / Derivatives
FMSB Issues Final Guidance on Conflicts of Interest
By Editors | 16/10/2019
The FICC Markets Standards Board offers guidance to help market participants effectively deal with conflicts of interest that arise within their firms.
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