International

PEPs & Sanctions

OFAC Announces Sanctions Against International Bank of Yemen

By Editors | 21/04/2025

OFAC said the bank enables the Houthis to make international transactions, supporting oil purchases, sanctions evasion, and the confiscation of assets from the group’s opponents

Emerging Prudential Risks

Geopolitical Risks Threaten Global Financial Stability – IMF

By Manesh Samtani | 20/04/2025

The IMF says there is much that financial institutions and regulators can do to protect financial stability, such as including geopolitical risk scenarios in stress tests.

Clearing & Post-Trade

ISLA Publishes 2025 Netting Opinions for the GMSLA

By Thisanka Siripala | 19/04/2025

The latest release expands coverage to 67 jurisdictions. A digital assets annex is included for the first time, covering six jurisdictions.

Climate Risk

IAIS Updates Guidance on Integrating Climate Risk in Supervision

By Thisanka Siripala | 18/04/2025

The updated Application Paper provides guidance to global insurance regulators on integrating climate-related risks into supervisory practices.

DeFi & Web3

BIS Paper Calls for Stronger Rules for Stablecoins and DeFi

By Thisanka Siripala | 17/04/2025

The authors say rules should be embedded in DeFi smart contracts and oversight of stablecoins should be strengthened.

Clearing & Post-Trade

LME Approves First Four Warehouse Facilities in Hong Kong

By Manesh Samtani | 17/04/2025

Hong Kong’s Christopher Hui said the establishment of LME-approved warehouses will promote the development of the futures market.

Fraud, Scams & Cybercrime

Interpol Published Second-ever ‘Silver Notice’ at UK’s Request

By Manesh Samtani | 16/04/2025

The Silver Notice was issued to pinpoint assets held internationally by a man convicted for running a GBP 8.5 million conveyancing fraud.

Cybersecurity

FSB Finalises Common Format for Cyber Incident Reporting

By Manesh Samtani | 16/04/2025

FIRE is a standardised and adaptable format developed to enhance the efficiency and consistency of cyber and operational incident reporting.

Climate Risk

Net Zero Banking Alliance Softens Mandate for Members

By ESG Investor | 16/04/2025

A strategic review of NZBA’s framework has introduced more pragmatism, allowing banks more agency to achieve their individual climate targets.