International

PEPs & Sanctions

Canada Sanctions News Outlets Linked to Russian Disinformation

By Editors | 12/11/2023

The nine individuals and six entities are accused of spreading information justifying Russian aggression against Ukraine, Canada’s foreign ministry said.

Cryptocurrency

Countries to Start Sharing Tax Information on Crypto by 2027

By Editors | 12/11/2023

The 48 countries pledge to implement the CARF at the local level in time for automatic exchanges of tax relevant-information on crypto-assets to commence by 2027.

Credit Risk

BIS Paper Addresses Supervisory Challenges of LEX Standard

By Manesh Samtani | 10/11/2023

The paper says automated tools can make supervisory oversight of the LEX standard more efficient, and additional international guidance could help harmonise practices.

Climate Risk

NGFS Publishes 4th Iteration of Long-term Climate Scenarios

By Editors | 10/11/2023

The scenarios have been updated to incorporate acute physical risks and provide further insights on how physical risks and transition policies affect the macroeconomy.

Fraud, Scams & Cybercrime

FATF Calls for Action to Combat Cyber-Enabled Fraud

By Manesh Samtani | 10/11/2023

Cyber-enabled fraud and related money laundering are facilitated by professional enablers, money mules, shell companies, and different types of FIs including VASPs.

Market Data & Technology

DTCC Opens Access to OTC Derivatives Market Data

By Editors | 09/11/2023

“OTC Direct Connect” allows market participants to access OTC derivatives transaction data that are reportable in the US and Canada.

Climate Risk

VCMI Unveils Early Adopters of Claims Code of Practice

By ESG Investor | 09/11/2023

Companies involved in the Early Adopters Programme include Bain & Company, Boston Consulting Group, and Natura.

Custody & Infrastructure

HSBC to Launch Custody Service for Tokenised Securities

By Editors | 09/11/2023

The new digital assets custody service will launch in 2024, using custody infrastructure provided by Ripple-owned Metaco.

PEPs & Sanctions

UK Targets Russian Gold and Oil as EU Preps New Sanctions Package

By Editors | 08/11/2023

UK government announced asset freezes on 29 individuals and entities in Russia’s gold, oil, and strategic sectors.