Sanctions

Australia, UK, EU and Canada Tighten Sanctions on Russia

18/06/2025

The allies are targeting Russia’s energy revenues and sanctions evasion, while the US resists further action.

ESG / Sustainability

Tensions Flare Over US Climate Stance at FSB Meeting – Report

18/06/2025

Disagreement over the urgency of climate-related financial risks sparked heated debate among global regulators in Madrid.

AML / KYC

FATF Approves New Transparency Standards for Cross-Border Payments

16/06/2025

The plenary also endorsed updated financial inclusion guidance to address the issue of ‘de-risking’ and agreed to publish several other reports.

Capital / Liquidity

BCBS Finalises “Voluntary” Climate Risk Disclosure Framework

16/06/2025

The framework makes it voluntary for jurisdictions to adopt and entirely removes Template CRFR5 on facilitated emissions.

Crypto / Digital Assets

Taiwan FSC Considers Extending Transition Period for New Crypto Law

14/06/2025

The draft Virtual Asset Services Law proposed in March will be submitted to Taiwanese lawmakers for consideration by the end of June.

ESG / Sustainability

IFRS Publishes Jurisdictional Profiles on ISSB Standards Adoption

13/06/2025

The profiles show jurisdictional progress in adopting the ISSB standards, highlighting APAC’s commitment and diverse approaches.

Capital / Liquidity

An Integrated Approach to Bank Liquidity Risk Management

13/06/2025

Fernando Restoy advocates for an integrated approach to liquidity risk, combining enhanced requirements with central bank support readiness.

AML / KYC

EU Commission Updates List of High-Risk Jurisdictions

12/06/2025

Laos and Nepal were added, while the Philippines and the UAE were removed. The updated list takes into account the FATF’s work and its grey list.

Market Infrastructure

New Reforms to Open Shenzhen’s Doors to HK-Listed Firms

12/06/2025

Hong Kong listed companies that are registered in the GBA  will be able to also pursue listings on the Shenzhen Stock Exchange.