International

Crypto / Digital Assets

New FTX Report Reveals Extent of Control Failures

By Manesh Samtani | 11/04/2023

FTX stored private keys in plain text documents without encryption on an FTX group server that was accessible by staff.

AML / KYC

FATF Holds First In-Person Joint Experts Meeting Since 2019

By Editors | 11/04/2023

The three day event covered themes including cyber-enabled fraud, terrorist financing through crowdfunding, and the risks and challenges associated with hawala.

Crypto / Digital Assets

OKX’s Ben Bowden Discusses Regulatory Response to FTX Fallout

By Editors | 10/04/2023

Ben Bowden, Global Head of Compliance at OKX, discusses the fallout from FTX, crypto regulatory approaches, and the role of proof of reserves.

Crypto / Digital Assets

Cake Defi’s Henry Loh Discusses Credit Risk & Trust in Crypto

By Editors | 10/04/2023

Cake DeFi’s Henry Loh discusses the importance of credit risk management and clearer regulatory guidance to promote trust in the crypto sector.

ESG / Sustainability

EU Consults on Taxonomy Environmental Objectives

By ESG Investor | 09/04/2023

The European Commission is consulting on additional criteria in EU taxonomy delegated acts.

Securities / Derivatives

SET to Streamline Market Data Licensing Processes

By Editors | 07/04/2023

The Stock Exchange of Thailand has partnered with DataBP to launch a new online platform that will simplify reporting and standardise market data administration.

Fintech / Regtech

Wanton Wiper Malware and the Weaponization of Legitimate Tools

By Lotem Finkelstein | 07/04/2023

A bigger threat than ransomware is the reemergence of malware that destroys sensitive data, says Lotem Finkelstein.

Big Picture

Bank Capital Requirements Should Account for Geopolitical Risks: IMF

By Manesh Samtani | 06/04/2023

The IMF suggests geopolitical risks should feed into stress testing, scenario analysis and requirements for banks to hold capital and liquidity buffers.

Crypto / Digital Assets

UBS Executes Cross-border Intraday Repo on Broadridge Blockchain Platform

By Editors | 06/04/2023

Intraday repo provides a more efficient means of managing liquidity, while also providing additional funding flexibility and reducign operational risk.