INTERNATIONAL

AML / KYC

BIS, SWIFT Invite Firms to Participate in ISO 20022 Hackathon

By Editors | 21/02/2021

Participants will be asked to develop and showcase solutions that improve cross-border payments, using the ISO 20022 standard and APIs.

Big Picture

80pc of Central Banks Use Big Data to Support Policy Efforts

By Editors | 21/02/2021

Many central banks have undertaken initiatives to develop big data platforms to facilitate storage and processing of large data sets, but progress has varied.

AML / KYC

ISO Standard Defining ISIN Updated to Expand Scope

By Editors | 21/02/2021

The update expands the scope of the standard beyond securities to include OTC derivatives, baskets, emission allowances and carbon credits.

Market Infrastructure

IFRS Foundation Calls for Research Into IFRS 9, IFRS 15 Disclosures

By Editors | 16/02/2021

The aim of the research is to provide evidence about the quality of disclosure provided by entities applying IFRS 9 and IFRS 15.

Market Infrastructure

Trade Associations Issue Update to Green Loan Principles

By Editors | 15/02/2021

The update includes social risks in the categories to be considered as part of project evaluation and selection. Previously only environmental risks were included.

Big Picture

IOSCO Reviews Impact of Govt Support on Credit Ratings

By Editors | 15/02/2021

Government support measures played a “significant role” in alleviating the downward pressure on credit ratings, IOSCO found in its review.

AML / KYC

GLEIF to Implement New Policies, File Formats in Global LEI System

By Editors | 15/02/2021

Users must plan to implement the updated file formats to ensure uninterrupted access to LEI data beyond 31 March 2022, GLEIF said.

ESG / Sustainability

IIF Offers Recommendations on Aligning Climate Finance Regulation

By Editors | 13/02/2021

The recommendations are aimed at promoting consensus and international alignment in sustainable finance policy and regulation.

AML / KYC

GLEIF Unveils Issuance, Infrastructure Models for Verifiable LEI

By Editors | 12/02/2021

The vLEI system will give legal entities the capacity to use non-repudiable identification data pertaining to their legal status, ownership structure and authorised representatives.