International

Crypto / Digital Assets

Canton Network Initiates Collateral Management Project for Crypto Derivatives

By Manesh Samtani | 17/01/2025

The project is being launched in partnership with Digital Asset and QCP to address collateral management inefficiencies in the crypto derivatives market

ESG / Sustainability

TNFD to Expand Reach to China, Hong Kong Markets

By Mark Johnston | 17/01/2025

Bank of China has become the first Chinese financial institution to join the Taskforce on Nature-related Financial Disclosures.

Capital / Liquidity

Standard-setters Issue Final Recommendations on Margining Practices

By Manesh Samtani | 17/01/2025

BCBS, CPMI and IOSCO published three final reports aimed at improving transparency, streamlining margin processes, and increasing the predictability of margin requirements

Sanctions

US State Dept Publishes Strategy for Countering Wrongful Detentions

By Editors | 16/01/2025

Part of the strategy is the implementation of EO 14078, which authorises sanctions on individuals or entities responsible for or complicit in a wrongful detention.

Fintech / Regtech

BIS Publishes 2025 Work Programme for Innovation Hub

By Manesh Samtani | 16/01/2025

The first two new projects in 2025, Project AISE and Project Gaia, will explore AI-based tools supporting supervision and green finance.

Enforcement

Zambia Sanctions StanChart for Mis-selling China Property Bond

By Mark Johnston | 16/01/2025

Zambia’s SEC said Standard Chartered failed to disclose material information and used contract clauses which placed all responsibility for risk on clients

Big Picture

Transition Plans Could Enhance Financial Stability Monitoring: FSB

By Mark Johnston | 16/01/2025

FSB says climate transition plans could be useful for monitoring financial stability risks but more standardisation and broader adoption are needed first

Fintech / Regtech

What Makes Asia a Hub for Innovative Regulation?  

By Manoj Singh | 14/01/2025

The RBI’s Manoj Singh says Asia is a natural hub for innovative regulation, with Singapore increasingly being recognised for its leadership in fintech

Enforcement

US Grand Jury Indicts Three Russians Who Operated Crypto Mixers

By Manesh Samtani | 14/01/2025

The defendants operated Blender.io and Sinbad.io, which were used to launder funds stolen from victims of ransomware, virtual currency thefts, and other crimes.