INTERNATIONAL

Big Picture

Banking Sector Reports Fall in Operational Risk for 2024: ORX

By Editors | 18/06/2025

ORX report shows banking sector operational risk losses down in 2024, but external fraud and digitalisation trends warrant attention.

AML / KYC

FATF Publishes Updated R.16 Standard on Payment Transparency

By Manesh Samtani | 18/06/2025

The FATF said the will help combat fraud and illicit finance, balancing security with innovation and financial inclusion.

Sanctions

Australia, UK, EU and Canada Tighten Sanctions on Russia

By Manesh Samtani | 18/06/2025

The allies are targeting Russia’s energy revenues and sanctions evasion, while the US resists further action.

ESG / Sustainability

Tensions Flare Over US Climate Stance at FSB Meeting – Report

By Manesh Samtani | 18/06/2025

Disagreement over the urgency of climate-related financial risks sparked heated debate among global regulators in Madrid.

Big Picture

WFE Issues Guidance on Transitioning to T+1 Settlement Cycles

By Nithya Subramanian | 17/06/2025

The guidance identifies lessons learned and key considerations for a successful transition to a T+1 settlement cycle.

Big Picture

WFE Issues Guidance on Transitioning to T+1 Settlement Cycles

By Nithya Subramanian | 17/06/2025

The guidance identifies lessons learned and key considerations for a successful transition to a T+1 settlement cycle.

AML / KYC

FATF Approves New Transparency Standards for Cross-Border Payments

By Manesh Samtani | 16/06/2025

The plenary also endorsed updated financial inclusion guidance to address the issue of ‘de-risking’ and agreed to publish several other reports.

Big Picture

BIS Survey Finds Supervisory Use of Gen AI Still at Early Stage

By Thisanka Siripala | 16/06/2025

Outdated IT systems, data security concerns, and limited technical expertise are slowing adoption of GenAI at supervisory bodies.

Capital / Liquidity

BCBS Finalises “Voluntary” Climate Risk Disclosure Framework

By Manesh Samtani | 16/06/2025

The framework makes it voluntary for jurisdictions to adopt and entirely removes Template CRFR5 on facilitated emissions.