International

Capital / Liquidity

ISDA Calls for Uniform Approach to Risk Data Reporting

By Manesh Samtani | 22/05/2021

Regulators would have a greater degree of confidence in the consistency and accuracy of the risk data being collected if they used an established industry standard in their reporting requirements.

Enforcement

SEC Penalises S&P Dow Jones Indices for Disclosure Failure

By Ranamita Chakraborty | 22/05/2021

The SEC settled charges against S&P DJI for the dissemination of stale index values which resulted from an undisclosed quality control feature.

Big Picture

Infrastructure Critical for Successful CBDC Development – Report

By Sanday Chongo Kabange | 22/05/2021

A new report analyses the four axes of consideration for the design features of all CBDCs, as proposed by the IMF, and the implications each choice has on infrastructure.

Big Picture

CBDCs Present Central Banks with Risk-Benefit Trade-off: Fitch

By Sanday Chongo Kabange | 20/05/2021

The potential for funds to move quickly into CBDC accounts could cause credit strains in some banks and push up interest rates.

Market Infrastructure

ICMA Publishes ‘Success Criteria’ for Sustainable Finance Taxonomies

By Editors | 20/05/2021

ICMA compares the main features and methodologies of official taxonomies and provides five success criteria for use in benchmarking.

ESG / Sustainability

CFA Institute Proposes Harmonised ESG Disclosures for Funds

By ESG Investor | 20/05/2021

An exposure draft from CFA Institute outlines a proposed disclosure framework for ESG-focused investment products.

AML / KYC

Proliferation Financing Risk: A Due Diligence Challenge

By Manesh Samtani | 19/05/2021

Measures for detecting proliferation financing risk are designed to help identify sanctions evasion and uncover the beneficial owners of corporate entities.

Big Picture

Conduct Risk Management Shifts to ‘Predict and Prevent’ Approach

By Manesh Samtani | 18/05/2021

In its annual Compendium on culture and conduct risk supervision, Starling highlights a shift from ‘detect and correct’ to ‘predict and prevent’.

Market Infrastructure

Credit Sensitive Alternatives to RFRs Have Limited Durability: Bailey

By Manesh Samtani | 17/05/2021

Non-financial borrowers may not want their cost of borrowing to be driven by thin liquidity in CP and CD markets, says BOE governor Andrew Bailey.