International

Cryptocurrency

UPDATED – Binance Faces Added Regulatory Pressures Amid CFTC Charges

By Editors | 05/04/2023

Dubai’s VARA is asking Binance for more information. ASIC is meanwhile reviewing Binance’s Australia derivatives business and has cancelled its licence.

Structural Regulation

Industry Bodies Say EU BMR Presents ‘Cliff-edge Risks’

By Editors | 05/04/2023

Industry bodies say only benchmarks designated as systemically important should be in scope of BMR for mandatory compliance.

Reporting & Disclosures

ISSB to Prioritise Climate in Phased Implementation of New Standards

By Editors | 05/04/2023

Only in the second year of using the ISSB Standards will companies need to provide full reporting on sustainability-related risks and opportunities beyond climate.

AI Risk & Governance

Adopting Artificial Intelligence in Finance

By Larry Cao | 04/04/2023

CFA Institute’s Larry Cao discusses the opportunities and challenges of adopting AI tech in the investment industry.

Reporting & Disclosures

ICVCM Publishes Standards for Carbon Credit Certifiers

By Editors | 04/04/2023

The first batch of carbon offsets carrying ICVCM’s stamp of approval is expected to be available by year-end.

Structural Regulation

UK FCA Announces Decision on Synthetic USD LIBOR Rates

By Editors | 04/04/2023

1-, 3- and 6-month synthetic USD LIBOR rates will continue to be published for 15 months after the USD LIBOR bank panel ceases on 30 June.

Trading & Investment

CME Group Launches Offshore Yuan Options Contracts

By Editors | 04/04/2023

Traders no longer view the yuan as an emerging-market currency like it was ten years ago, said Chris Povey.

Climate Risk

Munich Re Exits Net-Zero Insurance Alliance

By ESG Investor | 04/04/2023

CEO Joachim Wenning said the pursuit of decarbonisation goals in a collective approach among insurers presents antitrust risks.

Cryptocurrency

BIS Innovation Hub to Launch Cryptoasset Data Project

By Editors | 02/04/2023

Project Atlas will allow users to visualise cross-border flows in cryptoasset and DeFi markets via publicly available dashboards.