International

ESG / Sustainability

EBA Finalises Pillar 3 Disclosure Rules for ESG Risks

By Sanday Chongo Kabange | 28/01/2022

Once approved by the European Commission, EU banks will have to start making ESG disclosures in 2023, with full phase-in by June 2024.

Fintech / Regtech

Virtual Banking and Consent-based Data Governance

By Manesh Samtani | 27/01/2022

New BIS paper says consent-based data governance systems with low transaction costs are key to promoting the development of virtual banking worldwide.

AML / KYC

Will 2022 Be the Year of NFT Regulation?

By Javier Tamashiro | 27/01/2022

The jury is still out on how the NFT arena will be regulated, but marketplaces should still be applying a baseline standard of compliance practice, says Javier Tamashiro.

AML / KYC

Faster Transactions Impeding Scam Loss Recoveries: HK Police

By Sanday Chongo Kabange | 27/01/2022

Online banking, electronic payment services and cryptocurrency wallets have made it more difficult to recover scam proceeds.

Big Picture

ESG Bond Issuance to Quadruple by 2025

By ESG Investor | 27/01/2022

New Pictet-IIF report says inconsistent disclosures are limiting growth, with ‘climate-aligned’ bonds meeting the supply shortfall.

Big Picture

BIS Paper Offers Guidance on Regulating Tech Firms

By Sanday Chongo Kabange | 26/01/2022

The paper offers guidance for prudential authorities in deciding whether to allow tech firms to enter into banking, and what requirements to impose on them.

Fintech / Regtech

BIS Innovation Hub to Expand Work Programme in 2022

By Editors | 25/01/2022

The BIS Innovation Hub will launch new projects into CBDCs, payments systems, DeFi, green finance, regtech, suptech and cybersecurity.

Capital / Liquidity

FRTB Strategy Relies on Understanding Rule-making Processes

By Kishore Ramakrishnan | 25/01/2022

The key to designing a robust FRTB implementation plan lies in having a firm grasp of the local rule-making process, says Kishore Ramakrishnan.

Fintech / Regtech

Russian Central Bank Proposes to Impose Crypto Ban

By Mark Johnston | 25/01/2022

A proposed ban against investing in cryptocurrencies would also apply to institutional investors and mutual funds, the central bank says.