INTERNATIONAL

AML / KYC

GLEIF Sets Out Process for Validation Agent Trial Phase

By Editors | 07/03/2021

The goal of the Validation Agent role is to streamline the LEI issuance process by enabling FIs to directly liaise with LEI Issuers on clients’ behalf during onboarding.

Market Infrastructure

Investment Treaties and Their Role in Protecting Chinese Investors

By Jern-Fei Ng | 04/03/2021

China’s investment treaty network can provide investors a safeguard against significant adverse political and regulatory interferences with their foreign investments.

AML / KYC

FATF Releases Draft Guidance on Proliferation Financing Risk

By Manesh Samtani | 02/03/2021

The FATF is seeking feedback on the guidance from financial institutions and DNFBPs and will revise the text ahead of June 2021 discussions.

Crypto / Digital Assets

Etrading Software Becomes Registration Authority for DTIs

By Editors | 01/03/2021

The UK-headquartered technology provider has been nominated to become the registration authority for the new ISO standard for Digital Token Identifiers.

Crypto / Digital Assets

IOSCO Publishes Work Programme for 2021-2022

By Editors | 28/02/2021

New priorities will be to address the risks of NBFI activities and risks exacerbated by the Covid-19 pandemic such as misconduct, fraud and operational resilience.

ESG / Sustainability

Is a Global Taxonomy the ‘Investment Highway’ to a Net-Zero Transition?

By ESG Investor | 27/02/2021

ESG Investor talked to sustainable finance experts and stakeholders on the forms a global taxonomy should take to scale climate finance internationally.

AML / KYC

OECD Calls for Global Crackdown on ‘Professional Enablers’

By Manesh Samtani | 27/02/2021

The OECD says each jurisdiction should implement a national strategy to deal with lawyers, notaries, accountants, and FIs that facilitate tax evasion, bribery and corruption.

Capital / Liquidity

FSB Work Plan to Focus on Addressing Covid Vulnerabilities

By Editors | 26/02/2021

The FSB says it will produce an assessment of initial lessons learned from the pandemic and a report on the factors needed for an orderly unwinding of support measures.

AML / KYC

FATF Concludes Second Plenary Under German Presidency

By Manesh Samtani | 26/02/2021

The FATF has finalised guidance on risk-based supervision, terrorist financing, and arms trafficking, as well as draft guidance on proliferation financing, and virtual assets.