International

AI Risk & Governance

UNSC Hosts First-Ever Session on Artificial Intelligence

By Editors | 18/07/2023

UK Foreign Secretary James Cleverly called for urgent international cooperation in shaping the governance of AI.

Sustainable Finance

China Aligns 193 Outstanding Green Bonds against Common Ground Taxonomy

By Ranamita Chakraborty | 18/07/2023

The Common Ground Taxonomy provides a comprehensive mapping and comparison analytical tool between the EU and China’s green finance taxonomies, specifically covering activities that help combat climate change.

Reporting & Disclosures

GRI May Merge with ISSB, Says CEO

By ESG Investor | 18/07/2023

Jurisdictions urged to avoid misalignment when integrating ISSB standards to avoid investor confusion and aid decision-making.

Cryptocurrency

OECD Proposes Crypto-Asset Reporting Framework to G20

By Ranamita Chakraborty | 18/07/2023

OECD recommends that its crypto-asset reporting framework (CARF) be adopted as an international standard for the reporting and exchange of information about crypto-assets.

Cryptocurrency

FSB Finalises Global Regulatory Framework for Crypto-asset Activities

By Manesh Samtani | 18/07/2023

The recommendations were improved to better safeguard client assets, address conflicts of interest, and improve cross-border cooperation.

DeFi & Web3

Blockchain Technology to Transform Global Commerce through Merger

By Jill Wong | 18/07/2023

The merger aims to scale up the development of blockchain and Web3 technologies across the global supply chain.

Climate Risk

IOSCO Issues Final Recommendations on Compliance Carbon Markets

By Editors | 18/07/2023

IOSCO’s final report sets out twelve key recommendations on establishing and enhancing compliance carbon markets, drawing from the experiences of traditional financial markets.

Anti-Money Laundering

EU Commission Takes Action Against Cyprus for 5AMLD Implementation Failures

By Editors | 18/07/2023

The European Commission says it has identified multiple instances of incorrect transposition of 5AMLD, despite Cyprus declaring full compliance with the directive.

Market Data & Technology

DSB Integrates UPI in OTC ISIN UAT Environment 

By Editors | 17/07/2023

Users of the OTC ISIN UAT environment can now develop and test changes to their systems to incorporate the UPI as part of the OTC ISIN record.