International

Tokenisation

DTCC Launches New Platforms to Drive Digital Assets Adoption

By Editors | 06/02/2025

The platforms support token issuance, distribution, servicing, monitoring, reporting and other lifecycle processes.

AI Risk & Governance

BIS Paper Offers Guidance on AI Governance in Central Banking

By Thisanka Siripala | 06/02/2025

The report recommends that central banks integrate AI oversight into existing risk management frameworks and processes such as the 3LoD model.

Capital Adequacy

BCBS 2025-26 Work Programme Endorsed by GHOS

By Manesh Samtani | 05/02/2025

The work programme focuses on Basel III implementation, safeguarding bank resilience, and initiatives related to the digitalisation of finance.

PEPs & Sanctions

US to Restore “Maximum Pressure” Campaign on Iran

By Manesh Samtani | 05/02/2025

Presidential memo directs the Treasury to enforce sanctions compliance and rescind any relief provided to Iran through licences or guidance.

Cryptocurrency

Russia to Establish Registry for Crypto Mining Equipment

By Editors | 04/02/2025

Russia’s move to legalise crypto mining is part of broader efforts to create an additional mechanism to circumvent Western sanctions.

PEPs & Sanctions

China Announces Retaliatory Tariffs and New Export Controls

By Manesh Samtani | 04/02/2025

China announced retaliatory tariffs, new export controls, an investigation into Google, and added 2 US firms to its “unreliable entities” list.

AI Risk & Governance

First Set of Rules Under the EU AI Act Enter into Force

By Nithya Subramanian | 04/02/2025

The rules cover key definitions, AI literacy requirements, and a limited set of prohibited AI use cases deemed to pose unacceptable risks.

Sustainable Finance

GFANZ Hits Pause on Crucial Transition, Nature Guidance

By ESG Investor | 04/02/2025

The pause is part of a restructuring effort announced in December amid mounting pressure from the anti-ESG movement in the US.

PEPs & Sanctions

Russia Used US Banks to Send Billions to Turkey – Report

By Editors | 03/02/2025

$5bn was funnelled in 2022 using a nuclear power plant project as cover to evade sanctions. A further $2bn is still frozen at JPMorgan.