International

Crypto / Digital Assets

BIS Innovation Hub Concludes Project Mariana Trials

By Editors | 29/09/2023

The project explored the use of DeFi automated market makers for the cross-border exchange of CBDC in different currencies.

Crypto / Digital Assets

BIS Calls for Greater Efforts on Legal Frameworks to Support CBDC

By Editors | 29/09/2023

BIS general manager Agustín Carstens said it is “simply unacceptable” that unclear or outdated legal frameworks could hinder CBDC deployment.

Crypto / Digital Assets

WFE Issues Recommendations for Regulating Crypto Trading Platforms

By Editors | 28/09/2023

The six key principles will safeguard markets and enable the crypto sector to grow, said Nandini Sukumar, CEO of the World Federation of Exchanges.

Fintech / Regtech

How Should Financial Institutions Govern AI Usage?

By Ranamita Chakraborty | 28/09/2023

Ying Yi Liew from Baker McKenzie Wong & Leow discusses AI governance considerations for financial institutions in Singapore at the recent TechLaw.Fest.

ESG / Sustainability

ICMA Issues New KPI Guidance for Sustainability-Linked Bonds

By ESG Investor | 28/09/2023

The resource aims to help issuers demonstrate their sustainability commitments and enhance accountability, ultimately bolstering the credibility of the SLB market

ESG / Sustainability

SFDR Overhaul Signals More Uncertainty for Managers

By ESG Investor | 27/09/2023

Review could permit greater interoperability with fund-labelling, disclosure regimes in other jurisdictions.

Capital / Liquidity

Capital Ratios Exceed Pre-Pandemic Levels for Largest Banks: BCBS

By Editors | 27/09/2023

Three unnamed internationally active banks reported that their LCR was below the minimum required level of 100 percent at end 2022.

Market Infrastructure

China, EU Agree Measures to Ease Trade Tensions

By Editors | 27/09/2023

The two sides agreed to establish an export controls dialogue mechanism and to set up a new working group on financial regulation, among other measures.

Big Picture

FIA Publishes Best Practices for Designing Volatility Control Mechanisms

By Editors | 27/09/2023

The paper presents best practices for ensuring derivatives exchange VCMs protect against disruptive activity while also facilitating genuine price discovery.