International

Reporting & Disclosures

An Exploration of Greenwashing Risks in Investment Fund Disclosures

By Nicole Gehrig | 11/10/2023

Nicole Gehrig discusses concerns about greenwashing in the investment management industry and recommendations to address problematic disclosures.

Anti-Money Laundering

Singapore Court Sentences Ex-Wirecard Employee to Jail

By Editors | 11/10/2023

The former junior finance executive was sentenced to ten weeks in jail for helping a supervisor embezzle S$47,000.

Resolution & Recovery

FSB Considers Ways to Improve Bank Resolution Framework

By Manesh Samtani | 11/10/2023

The FSB said its review of the Credit Suisse case validated the “appropriateness and feasibility” of the existing framework for resolving G-SIBs.

Reporting & Disclosures

ICMA Publishes Analysis of Greenwashing Risks

By Editors | 10/10/2023

ICMA says greenwashing is not prevalent in the sustainable bond market, but is an issue in the sustainable funds space.

Payments & Settlements

Public-Private Partnership Key for G20 Cross-Border Payment Targets: FSB

By Ranamita Chakraborty | 10/10/2023

FSB’s Rupert Thorne tells Regulation Asia how public and private sectors play critical roles in achieving the G20’s cross-border payment targets.

Structural Regulation

OECD Unveils New Tool Supporting Global Tax Reform

By ESG Investor | 09/10/2023

Adoption of the new multilateral instrument marks further progress towards the implementation of the Pillar Two minimum tax.

Cryptocurrency

Unregulated Crypto Could Create “Alternate Financial System”: IMF

By Nithya Subramanian | 09/10/2023

It has highlighted the need to step up transparency and data collection while proposing a country-level risk assessment matrix.

Clearing & Post-Trade

ESMA Consults on Potential Move to Shorter Securities Settlement Cycle

By Editors | 08/10/2023

ESMA said it is looking to consider “all the possibilities for a shortened settlement cycle, including both T+1 and T+0”.

Climate Risk

NGFS Publishes Conceptual Note on Short-term Climate Scenarios

By Editors | 07/10/2023

The conceptual note proposes five different climate scenario narratives to underpin the short-term dynamics associated with various transition and physical impacts.