Expanding the availability of PvP settlement to a wider range of transactions and actors will reduce FX settlement risk and support global financial stability.
December 20, 2020PBOC governor Yi Gang also said China will work to enhance its green finance standards, and explore the introduction of mandatory reporting of environmental risks by FIs.
December 11, 2020The FATF seeks feedback to help identify how divergent AML/CFT measures adopted at the national level add to the challenges of cross-border payments.
December 2, 2020Marcus Pleyer says not all G20 members have taken effective action to make a real difference, despite their public calls for full implementation of the FATF standards.
November 25, 2020In a letter to the G20, the FSB outlines its key priorities for the year ahead, including work to address vulnerabilities in money market funds, open-ended funds, and bond markets.
November 18, 2020IOSCO outlines the main challenges emerging markets face when developing their capital markets, also exploring opportunities offered by sustainable finance and fintech.
November 5, 2020KRX joins the Ministry of Environment, Shinhan Financial Group, KG Financial Group, Posco and SK Innovation in declaring its support for the TCFD.
November 3, 2020The changes are aimed at ensuring FIs and DNFBPs do not unwittingly support or become part of proliferation financing networks or schemes.
October 26, 2020The rapid and coordinated policy response to Covid-19 has underlined policymakers’ awareness of harmful effects of market fragmentation, the FSB says.
October 15, 2020The letter describes the FSB's work to address issues of financial innovation and technology, promote a resilient and integrated global financial system, and address market fragmentation.
October 14, 2020