International

Climate Risk

Central Banks Urged to Lead on Green Collateral

By ESG Investor | 15/08/2022

A new paper says central banks should adopt an ‘environmental footprint’ approach to greening their collateral frameworks.

Structural Regulation

Industry Calls for Reforms to EU Benchmarks Regulation

By Manesh Samtani | 15/08/2022

Many non-EU benchmarks won’t qualify under BMR in time for 31 December 2023, disproportionately impacting Asia exposures.

Anti-Money Laundering

INTERPOL Launches Global Money Mule Awareness Campaign

By Editors | 15/08/2022

The Japan-funded global campaign will run for two weeks until 26 August 2022 on social media, with support from 34 countries worldwide.

Data Privacy

Making Data Security a Priority in a World of Tech-driven Services

By Philip Keller | 14/08/2022

Philip Keller outlines key considerations for banks when establishing a protocol to ensure data can only be shared in a safe, reliable, timely, and complete manner.

Trading & Investment

Financial Education Gaps Prevent Retail Participation in Markets

By Manesh Samtani | 14/08/2022

New research from WEF, BNY Mellon and Accenture finds 29% of investors do not understand crypto, but nearly 40% said the same of stocks and bonds.

Anti-Money Laundering

INTERPOL Calls for Urgent Action to Tackle Pollution Crime

By Sanday Chongo Kabange | 12/08/2022

Document fraud, tax evasion, money laundering and corruption are common components of pollution crimes, which often have a nexus with organised crime.

Climate Risk

Asset Owners Increasingly Committing to Net Zero

By ESG Investor | 11/08/2022

The most requested data in Asia will be security-level exposure to climate risk, portfolio-level exposure to climate risks, and scenario metrics for climate change.

Climate Risk

GFANZ Launches Net Zero Alignment Guidance

By ESG Investor | 10/08/2022

A key enhancement is an illustrative credibility framework to help assess emissions reduction targets and corporate net zero transition plans.

Cryptocurrency

Iran Makes First Import Order Using Crypto – Report

By Editors | 10/08/2022

By end September, the use of cryptocurrencies and smart contracts will be widely used in foreign trade with target countries, an Iranian official said.