International

Capital / Liquidity

Central Bank Liquidity Bridges Lower Costs of Cross-border Payments

By Editors | 24/07/2022

CPMI says central bank liquidity bridges can help reduce funding costs, FX costs, credit risks and operational risks for payment system participants.

ESG / Sustainability

SGX RegCo Outlines Steps to Tackle Greenwashing

By Manesh Samtani | 21/07/2022

SGX is developing a digital portal known as ESGenome which will help issuers with disclosures and make ESG data more easily accessible to investors.

ESG / Sustainability

FMSB Publishes Spotlight Review on ESG Ratings

By Editors | 21/07/2022

The review seeks to help support increased transparency around collection processes and methodologies as a means of facilitating comparability of ESG ratings.

Crypto / Digital Assets

Fraud Risk: An Industry Priority for the Crypto Space

By Editors | 20/07/2022

Experts say crypto firms have a responsibility and moral obligation to have anti-fraud controls in place, and that this will help create trust in the industry.

ESG / Sustainability

IMF Outlines Approaches to Climate Risk Analysis in FSAPs

By Manesh Samtani | 18/07/2022

Climate risk analysis in FSAPs typically entails the development of scenario-based stress tests for assessing bank solvency and liquidity, using bank level data.

AML / KYC

How North Korean Cryptocurrency Abuse Is Expanding

By Sasha Erskine | 18/07/2022

Countries must secure new and emerging gateways that are used to circumvent sanctions, as North Korea’s exploitation of cryptocurrency continues.

Capital / Liquidity

BCBS Treatment of Banks’ Crypto Exposures Still Constraining: ISDA

By Manesh Samtani | 18/07/2022

ISDA chief executive Scott O’Malia says the new group 2 exposure limit presents a “significant constraint” on the extent to which banks can participate.

AML / KYC

Sanctions Over-Compliance Causes Human Rights Violations: UN Expert

By Editors | 18/07/2022

UN Special Rapporteur Alena Douhan says governments and FIs should be doing more to ensure over-compliance with sanctions does not negatively impact human rights.

Big Picture

Asset Managers Need to Collaborate on Risk, Compliance – IA

By ESG Investor | 15/07/2022

New report from the Investment Association and Deloitte offers recommendations for asset managers on net zero transition.