International

Securities / Derivatives

IOSCO Propose Good Practices for Leveraged Loan, CLO Markets

By Editors | 15/09/2023

IOSCO says a “prolonged borrower-friendly environment” has given rise to vulnerabilities in leveraged loan and CLO markets.

Securities / Derivatives

IOSCO Warns of Emerging Risks in Private Finance Markets

By Editors | 15/09/2023

IOSCO says private finance markets are “inherently opaque”, and that connections with other parts of the financial system may allow risks to spill into public markets.

Sanctions

Gibson Dunn’s David A. Wolber Discusses Compliance Challenges with Sanctions

By Editors | 15/09/2023

David A. Wolber, Of Counsel at Gibson Dunn, spoke at Regulation Asia’s Fraud & Financial Crime Asia 2023 event on 13 July. At the sidelines of the event, he discussed how Singaporean banks and companies face increasing compliance challenges in the sanctions space, citing a couple of reasons. He also outlined steps to avoid violating sanctions.

Crypto / Digital Assets

“Consistency” and “Cooperation” To Form Next Steps in Crypto Regulation

By Jill Wong | 15/09/2023

Chengyi Ong, Chainalysis’ head of policy, APAC, talks to Regulation Asia about the perceived policy direction in crypto regulations.

Crypto / Digital Assets

Deutsche Bank Enters Crypto Custody Space with Taurus Partnership

By Mark Johnston | 15/09/2023

The bank will hold cryptocurrencies and tokenised assets for its institutional clients, but not offer crypto trading yet.

ESG / Sustainability

EU SFDR Review Mulls New Categorisation System

By ESG Investor | 15/09/2023

The consultation spans issues such as legal certainty, usability, and how SFDR can play its part in tackling greenwashing.

AFI Members Sign ‘Manila Manifesto’ to Boost Financial Inclusion

By Mark Johnston | 14/09/2023

Members of the Alliance for Financial Inclusion pledged to work with global standard setters to promote financial inclusion.

Market Infrastructure

Bloomberg Issues Consultation on Potential Cessation of BSBY

By Manesh Samtani | 14/09/2023

In July, IOSCO effectively declared BSBY non-compliant. The administrator is now seeking feedback on whether to stop publishing the rate.

Crypto / Digital Assets

HKMA, Central Banks to Beta Test CBDC Interoperability Solution

By Editors | 14/09/2023

New use cases for the solution, developed by Swift, are also being tested in a new sandbox environment by the RBA, BOT, CLS and other institutions.