International

Crypto / Digital Assets

FSB Launches Thematic Review of Global Crypto Regulatory Framework

By Thisanka Siripala | 25/02/2025

The FSB is inviting feedback to evaluate progress made by countries in implementing its global regulatory framework for crypto-asset activities.

ESG / Sustainability

IIGCC Sets Out Core Principles for Sectoral Roadmaps

By ESG Investor | 25/02/2025

The IIGCC said the new core principles will allow roadmaps to be “more effectively used by investors to inform decision-making and investment processes.”

Crypto / Digital Assets

Bybit Falls Victim to $1.5bn Crypto Theft, the Largest in History

By Thisanka Siripala | 24/02/2025

The theft was reportedly orchestrated by North Korea’s Lazarus Group. Security experts are investigating how the self-custodial multi-sig wallet used by Bybit was compromised.

Market Infrastructure

CPMI Issues New Report on Interlinking Fast Payment Systems

By Thisanka Siripala | 24/02/2025

The report says linking FPS is a priority for the G20, and that several FPS operators have expressed interest in establishing interlinking arrangements.

Enforcement

FTX Begins Creditor Repayments After Three-Year Wait

By Nithya Subramanian | 23/02/2025

The FTX estate has started distributing funds to creditors, with initial payouts prioritising small claims under $50,000.

Capital / Liquidity

BIS Report Says AI Eases Credit Volatility in Banking

By Thisanka Siripala | 23/02/2025

During the pandemic, Italian banks that used AI-based credit scoring systems demonstrated more selective responses to economic indicators and maintained a more steady approach to lending.

AML / KYC

FATF Removes Philippines from Grey List, Adds Nepal and Laos

By Manesh Samtani | 23/02/2025

The FATF also agreed on standards revisions to support financial inclusion and to issue consultations on payment transparency and proliferation financing schemes.

Sanctions

DPRK Sanctions Monitoring Team Holds Inaugural Meeting

By Manesh Samtani | 21/02/2025

The team, set up after Russia forced the dissolution of the UN expert panel monitoring North Korea sanctions compliance, plans to publish a report in the coming months.

Securities / Derivatives

UNEP FI Unveils Initiatives to Promote TNFD-aligned Disclosures

By ESG Investor | 21/02/2025

UNEP FI will work with the UN Sustainable Stock Exchanges Initiative to help stock exchanges implement the TNFD recommendations.