International

PEPs & Sanctions

Canada Sanctions Chinese, Russian Officials for Human Rights Abuses

By Editors | 11/12/2024

The sanctions were announced to mark International Human Rights Day. China said the sanctions violate international law.

Liquidity Risk

FSB Issues Recommendations to Enhance Non-banks’ Liquidity Preparedness

By Manesh Samtani | 11/12/2024

The recommendations cover liquidity risk management and governance, stress testing and scenario design, and collateral management practices.

Reporting & Disclosures

Goldman Sachs Withdraws from Net-Zero Banking Alliance

By Thisanka Siripala | 11/12/2024

The bank said it will continue to advance its net zero goals and that its priorities remain to help clients achieve their sustainability goals.

PEPs & Sanctions

UK, US Issue Sanctions for Illicit Gold Trading, Human Rights Abuses

By Editors | 10/12/2024

The dozens of sanctions targets include a British-Kenyan businessman who ran a global gold smuggling and money laundering network in Zimbabwe.

Custody & Infrastructure

Etrading Software Designated as ISIN Issuer for Crypto Instruments

By Editors | 10/12/2024

Etrading Software is now the Designated Numbering Agency responsible for issuing ISINs for crypto instruments globally

Anti-Money Laundering

Egmont Group Offers Guidance to FIUs on Conducting NRAs

By Manesh Samtani | 10/12/2024

New Egmont Group report discusses best practices for identifying ML/TF risks, common challenges experienced in NRAs, and strategies for ensuring success.

KYC & CDD

FATF Should Recognise ‘Alternative Measures’ to Promote Inclusion

By Manesh Samtani | 09/12/2024

The Wolfsberg Group says the FATF standards should explicitly recognise and encourage “alternative measures” such as limited-purpose account types and tailored monitoring.

Payments & Settlements

Sifma Releases Findings from Regulated Settlement Network PoC

By Editors | 09/12/2024

The findings demonstrated the potential of shared ledger technology to settle tokenised money and securities and address current inefficiencies and operational risks.

Reporting & Disclosures

PCAF to Refine Methodologies for Reporting Financed Emissions

By ESG Investor | 08/12/2024

PCAF is consulting until 28 February 2025 on new methodologies for the global GHG accounting and reporting standard.