INTERNATIONAL

Capital / Liquidity

BCBS Consults on Technical Amendments and New FAQs

By Editors | 09/07/2024

One amendment addresses an inconsistency in how “specialised lending” is defined between the SA and IRB approach to credit risk.

Sanctions

Russia, Iran Integrate National Payment Systems

By Editors | 08/07/2024

Work to link Russia’s MIR network and Iran’s Shetab has been finalised. Agreement also signed on use of national currencies.

Sanctions

US Working on Plan to Target Russian ‘Shadow Fleet’ Vessels

By Editors | 08/07/2024

The US is reportedly looking to impose specific penalties on Russian shadow fleet tankers but the effort has stalled.

Sanctions

Iran’s New President Seeks Lifting of Sanctions

By Editors | 08/07/2024

New President Masoud Pezeshkian has indicated Iran would seek greater engagement with the US and a revival of the JCPOA.

Crypto / Digital Assets

Schroders Launches Pilot Project to Tokenisation ILS Assets

By Editors | 06/07/2024

The project aims to enhance transparency, streamline investment processes and improve client experience in the reinsurance sector.

AML / KYC

GLEIF Forms New Advisory Board to Promote vLEI Adoption

By Editors | 05/07/2024

The vLEI Technical Advisory Board will provide technical, governance, and developmental support to the vLEI stakeholder ecosystem as it grows.

ESG / Sustainability

NGFS Publishes New Reports on Nature-related Risks

By Editors | 05/07/2024

The first report offers a conceptual framework for nature-related financial risks. The second focuses on nature-related litigation.

AML / KYC

Mexico’s Elisa de Anda Madrazo Assumes FATF Presidency

By Manesh Samtani | 04/07/2024

Elisa De Anda Madrazo will serve as FATF President from July 2024 to June 2026, taking over from T. Raja Kumar of Singapore.

AML / KYC

FATF Plans to Update Guidance for Money Laundering NRAs

By Editors | 04/07/2024

The FATF aims to make NRA guidance “more effective, comprehensive and useful for all stakeholders involved”.