International

Market Infrastructure

FSB Reports Further Progress on OTC Derivatives Reforms

By Editors | 05/12/2021

15 out of 24 FSB member jurisdictions have implemented higher capital requirements for non-centrally cleared derivatives, compared to just 8 in 2020.

AML / KYC

Interpol Concludes Global Operation Targeting Wildlife & Timber Crime

By Editors | 05/12/2021

Customs, police, FIUs and wildlife and forestry enforcement agencies in 118 countries participated in the operation, which has led to hundreds of arrests and over 1,000 seizures.

ESG / Sustainability

SFDR Level 2 Delayed Yet Again

By ESG Investor | 04/12/2021

Complexity of combining SFDR and Taxonomy-specific RTSs pushes implementation date back to 2023.

Capital / Liquidity

FSB Offers Guidance on Enhancing G-SIB Crisis Preparedness

By Editors | 01/12/2021

The FSB identifies good practices to help authorities enhance their preparedness for the management and resolution of a crisis affecting a G-SIB.

Market Infrastructure

Refinitiv Launches USD IBOR Institutional Cash Fallbacks

By Editors | 01/12/2021

Fallbacks for institutional cash products are now production benchmarks. Prototype fallbacks for consumer cash products will be launched on 3 January 2022.

AML / KYC

EU Due Diligence Initiative Back in Focus After Delays

By ESG Investor | 01/12/2021

Much-postponed proposal now expected in December, following the unveiling of EU deforestation supply chain due diligence measures.

AML / KYC

Environmental Crime, A Global Security Issue

By Manesh Samtani | 01/12/2021

Interpol’s Rory Corcoran says environmental crime is funding global terrorism and organised crime, while also impacting the sustainability agenda.

AML / KYC

Police Arrest 1,000 in Interpol Operation Targeting Online Fraud

By Ranamita Chakraborty | 01/12/2021

The operation was used to test a new worldwide stop-payment mechanism which Interpol plans to fully embed in police communication channels next year.

Crypto / Digital Assets

EU Closer to Adopting Crypto Assets & Digital Resilience Laws

By Sanday Chongo Kabange | 01/12/2021

Once a political agreement is reached between the European Council and the European Parliament, the draft rules can become law.