Financial Stability Board

Reporting & Disclosures

IFRS Publishes Comparative Analysis of IFRS S2 and TCFD

By Editors | 25/07/2023

The comparative analysis highlights that the requirements outlined in IFRS S2 are consistent with the TCFD recommendations.

Cryptocurrency

UK Rejects Proposal to Regulate Crypto as Gambling

By Mark Johnston | 21/07/2023

The UK government and Treasury have rejected a parliamentary committee’s suggestion to regulate crypto trading and investment as gambling.

Reporting & Disclosures

GRI May Merge with ISSB, Says CEO

By ESG Investor | 18/07/2023

Jurisdictions urged to avoid misalignment when integrating ISSB standards to avoid investor confusion and aid decision-making.

Cryptocurrency

OECD Proposes Crypto-Asset Reporting Framework to G20

By Ranamita Chakraborty | 18/07/2023

OECD recommends that its crypto-asset reporting framework (CARF) be adopted as an international standard for the reporting and exchange of information about crypto-assets.

Cryptocurrency

FSB Finalises Global Regulatory Framework for Crypto-asset Activities

By Manesh Samtani | 18/07/2023

The recommendations were improved to better safeguard client assets, address conflicts of interest, and improve cross-border cooperation.

Market Data & Technology

DSB Integrates UPI in OTC ISIN UAT Environment 

By Editors | 17/07/2023

Users of the OTC ISIN UAT environment can now develop and test changes to their systems to incorporate the UPI as part of the OTC ISIN record.

Cryptocurrency

FSB Delivers Key Updates on Crypto, Climate to G20

By Manesh Samtani | 14/07/2023

The FSB said attention must now turn to implementation of its new crypto regulatory standards; Updated roadmap on climate risks is published.

Operational Risk

BSP Issues Draft Guidelines on Operational Resilience

By Mark Johnston | 14/07/2023

Financial institutions should be able to demonstrate that they can continue to render critical operations through significant disruptions.

CBDCs

BIS Releases Three Reports Covering Crypto, Stablecoins, CBDC

By Manesh Samtani | 13/07/2023

One report says explains why crypto assets are ill-suited to play a significant role in the monetary system. The other two discuss CBDC progress.