INTERNATIONAL

Securities / Derivatives

IOSCO Offers Guidance on Enhancing Complaint Handling Mechanisms

By Editors | 28/01/2021

IOSCO has published a new report to help jurisdictions identify and address gaps in their complaint handling and redress systems.

Big Picture

BigTechs in Finance Needs More Comprehensive Regulatory Approach

By Manesh Samtani | 28/01/2021

Rules for designating financial institutions as systemically important should be redefined so they can be applied to BigTech entities, says Agustín Carstens.

Crypto / Digital Assets

OECD Paper Identifies Regulatory Issues in Asset Tokenisation

By Editors | 27/01/2021

As markets for tokenised assets develop and grow in size, so too will the need to safeguard investors, consumers and financial stability.

Capital / Liquidity

BIS Launches Second Green Bond Fund, Denominated in Euro

By Editors | 25/01/2021

The fund is part of an initiative to help central banks incorporate environmental sustainability objectives in the management of their reserves and capital.

Market Infrastructure

ISDA IBOR Fallbacks Supplement, Protocol Come Into Effect

By Editors | 25/01/2021

More than 12,000 entities across nearly 80 jurisdictions have so far adhered to the protocol, which will remain open for adherence.

Market Infrastructure

CPMI Calls for Global Input on Cross-border Payments Agenda

By Editors | 25/01/2021

Authors should submit research papers by 27 January 2021. Industry expert responses to questions should be submitted by 8 February 2021.

ESG / Sustainability

GRI Updates Disclosure Standards to Align with SDGs

By ESG Investor | 24/01/2021

New guidance for corporates from the Global Reporting Initiative will help asset owners track their contributions to the UN Sustainable Development Goals.

Fintech / Regtech

BIS Innovation Hub Sets Out 2021 Work Programme

By Manesh Samtani | 24/01/2021

Six thematic priorities have been set out: suptech and regtech; next-generation FMIs; CBDCs; open finance; green finance; and cyber security.

AML / KYC

Financial Crime 2021: Digital ID, Due Diligence, Sanctions

By Editors | 21/01/2021

Last year’s financial crime landscape forced many FIs to rapidly adapt to evolving threats. In the year ahead, a continued focus on risk mitigation is prudent.