International

Capital / Liquidity

BCBS, FSB Consider Changes to Global Banking Rules

By Editors | 19/04/2023

Fitch Ratings says global standard-setters may adjust the existing prudential and resolution frameworks, potentially making IRRBB a Pillar 1 requirement.

ESG / Sustainability

More Credit Downgrades Imminent Under Climate Change

By Hazel Ilango | 18/04/2023

Bond investors, including those who do not prioritize climate change mitigation, are unknowingly exposed to the increasing impact of climate-related credit risk.

Big Picture

BIS Paper Calls for Fiscal Reforms to Support Financial Stability

By Mark Johnston | 18/04/2023

A new BIS paper proposes policy measures to tackle the risks that arise from the link between fiscal policy and financial stability.

Crypto / Digital Assets

GDF Consults on Wolfsberg-style DDQ for VASPs

By Editors | 18/04/2023

The questionnaire is intended for use by VASPs and other financial institutions including banks for onboarding VASPs.

AML / KYC

GLEIF Maps LEIs to Records in OpenCorporates Database

By Editors | 18/04/2023

The mapping exercise will ensure the “highest quality reference data” is quickly and easily available to all, said GLEIF CEO Stephan Wolf.

AML / KYC

Wolfsberg Group Issues Anti-Bribery & Corruption Guidance

By Editors | 18/04/2023

The Guidance is to help FIs develop and implement compliance programmes to prevent, detect, and report acts of bribery and corruption.

Crypto / Digital Assets

CME to Offer Additional BTC, ETH Options Expiries

By Editors | 18/04/2023

CME will offer expiries every business day to provide market participants with “greater precision and versatility” in managing short-term price risk.

Market Infrastructure

DSB Launches UPI User Acceptance Test Environment

By Manesh Samtani | 17/04/2023

The UAT environment will help the industry prepare for incoming OTC derivatives reporting requirements. The full UPI Service will launch on 16 October 2023.

Securities / Derivatives

NSE India to Launch WTI Crude Oil, Natural Gas Futures

By Editors | 17/04/2023

NSE will launch WTI crude oil and natural gas futures contracts from 15 May. Both already trade on India’s MCX.