International

Market Infrastructure

ISDA Publishes Documentation to Align Derivatives, SFT Markets

By Editors | 28/02/2022

The new definitional booklet and related set of provisions will enable allow firms to document derivatives and securities financing transactions under a single ISDA Master Agreement.

AML / KYC

Western Leaders Pledge to Remove Russian Banks from SWIFT

By Manesh Samtani | 28/02/2022

Western leaders have committed to removing “selected Russian banks” from the SWIFT financial messaging system to harm their ability to operate globally.

AML / KYC

EC Adopts Proposal on Corporate Sustainability Due Diligence

By Manesh Samtani | 28/02/2022

The proposal requires companies, including certain non-EU companies, to address negative human rights and environmental impacts in their supply chains.

AML / KYC

Russia Facing Comprehensive Sanctions Over Ukraine Invasion

By Manesh Samtani | 25/02/2022

The US is targeting all ten of Russia’s largest financial institutions. Russian access to most major markets has been restricted.

Fintech / Regtech

ICE Makes ‘Strategic Investment’ in Digital Securities Platform tZero

By Editors | 24/02/2022

tZERO operates a digital marketplace for unique private assets, public equities, cryptocurrencies, and other digital assets, including NFTs.

Market Infrastructure

ANNA Confirms Timeline for Implementing Revised ISIN Standard

By Editors | 24/02/2022

A highlight of the revised ISO 6166 ISIN standard is the formal inclusion of LEI, CFI and FISN as part of the minimum data record.

Big Picture

GFMA Paper Outlines Benefits and Challenges of Wholesale CBDCs

By Editors | 23/02/2022

A wholesale CBDC must be crafted with public and private sector collaboration. Implementation timelines should be set cautiously.

FSB Seeks Market Views on Resolving Debt Overhang Issues

By Editors | 23/02/2022

Debt overhang of corporates could create a drag on economic recovery of jurisdictions and pose risks to financial stability, the FSB says.

AML / KYC

US, EU, UK, Japan Announce Sanctions Against Russia

By Manesh Samtani | 22/02/2022

Sanctions are being imposed against Russian state-owned banks, officials, oligarchs, and new debt issued by the central bank, sovereign wealth fund or government.