International

ESG / Sustainability

TNFD Update Allows Varying Approaches to Materiality

By ESG Investor | 06/11/2022

V0.3 of nature risks and disclosure framework also covers nature-focused metrics, target-setting and supply chain traceability.

Crypto / Digital Assets

Standard Chartered to Join Partior as Founding Shareholder

By Editors | 06/11/2022

The investment will strengthen Partior’s international reach and capabilities, while also helping StanChart accelerate the deployment of blockchain tech across its own network.

Capital / Liquidity

Banks Working to Assess Climate Impacts on Trading Book

By Editors | 06/11/2022

An ISDA-EY report says banks see the potential benefits of engaging with regulators to help define and run an exploratory scenario for the trading book.

Capital / Liquidity

BIS Report Offers Guidance on Managing FX and Capital Flow Volatility

By Editors | 03/11/2022

Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.

AML / KYC

Crypto Being Used to Finance More Terrorist Activities: UN Official

By Editors | 03/11/2022

Up to 20 percent of terrorist attacks are seen as crypto-financed or linked to digital assets, compared to just 5 percent a couple of years ago.

Fintech / Regtech

BNP Paribas Completes Successful DRR Test for CFTC Rewrite

By Editors | 03/11/2022

BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.

Crypto / Digital Assets

BIS Innovation Hub to Explore Use of DeFi Protocols in CBDC Trades

By Editors | 03/11/2022

Project Mariana involves the Eurosystem, Singapore and Switzerland BIS Innovation Hub Centres, together with the Bank of France, MAS and Swiss National Bank.

AML / KYC

FATF Consults on New Draft Guidance on Beneficial Ownership

By Editors | 03/11/2022

The FATF is consulting on draft guidance on Recommendation 24 and draft proposals to amend Recommendation 25 and its Interpretive Note until 6 December 2022.

ESG / Sustainability

GFANZ Aims to Boost “Speed and Scope” of Net Zero Transition

By ESG Investor | 01/11/2022

Alongside the finalised transition framework for financial institutions, GFANZ issues updates on portfolio alignment metrics and policy levers.