International

PEPs & Sanctions

US Working on Plan to Target Russian ‘Shadow Fleet’ Vessels

By Editors | 08/07/2024

The US is reportedly looking to impose specific penalties on Russian shadow fleet tankers but the effort has stalled.

PEPs & Sanctions

Iran’s New President Seeks Lifting of Sanctions

By Editors | 08/07/2024

New President Masoud Pezeshkian has indicated Iran would seek greater engagement with the US and a revival of the JCPOA.

Tokenisation

Schroders Launches Pilot Project to Tokenisation ILS Assets

By Editors | 06/07/2024

The project aims to enhance transparency, streamline investment processes and improve client experience in the reinsurance sector.

Cloud & Infrastructure

GLEIF Forms New Advisory Board to Promote vLEI Adoption

By Editors | 05/07/2024

The vLEI Technical Advisory Board will provide technical, governance, and developmental support to the vLEI stakeholder ecosystem as it grows.

Nature & Biodiversity

NGFS Publishes New Reports on Nature-related Risks

By Editors | 05/07/2024

The first report offers a conceptual framework for nature-related financial risks. The second focuses on nature-related litigation.

Cryptocurrency

ESMA Publishes Trade Transparency Standards for MiCA

By Editors | 05/07/2024

ESMA report includes standards for how crypto trading platforms should publish data required for pre-and post-trade transparency.

Anti-Money Laundering

Mexico’s Elisa de Anda Madrazo Assumes FATF Presidency

By Manesh Samtani | 04/07/2024

Elisa De Anda Madrazo will serve as FATF President from July 2024 to June 2026, taking over from T. Raja Kumar of Singapore.

Anti-Money Laundering

FATF Plans to Update Guidance for Money Laundering NRAs

By Editors | 04/07/2024

The FATF aims to make NRA guidance “more effective, comprehensive and useful for all stakeholders involved”.

Cryptocurrency

BCBS Finalises Disclosure Framework for Bank Crypto Exposures

By Manesh Samtani | 04/07/2024

The BCBS also approved revisions to the cryptoasset standard and IRRBB standard, and agreed to consult on principles for managing third-party risk.