International

Anti-Money Laundering

FATF Plenary Packs Powerful Punch

By Manesh Samtani | 25/06/2021

The FATF finalised reports on technological innovation, environmental crime, and asset recovery. New guidance on PF risk and a white paper on beneficial ownership were also finalised.

Trading & Investment

Citadel Securities Offers Best Practices to Address Exchange Outages

By Manesh Samtani | 24/06/2021

Common issues that have compounded the impact of recent outages continue to be largely overlooked by some exchanges.

Sustainable Finance

GFMA, BCG Publish Principles for Climate Finance Taxonomies

By Editors | 23/06/2021

The principles are based on a broader definition of climate finance which goes beyond debt instruments and captures equity financing and working capital.

Nature & Biodiversity

CME Group to Launch Nature-Based Emissions Offset Futures

By Editors | 22/06/2021

The N-GEO futures contract will allow for delivery of eligible voluntary offset credits and will be listed by and subject to the rules of NYMEX.

Nature & Biodiversity

NGFS Paper Sets Out Biodiversity Loss Research Agenda

By Editors | 21/06/2021

An NGFS/INSPIRE study group will seek to improve understanding of the link between biodiversity loss and financial stability.

Anti-Bribery & Corruption

Basel Institute on Governance Takes Stock of Illicit Enrichment Laws

By Sanday Chongo Kabange | 21/06/2021

While some intricacies regarding illicit enrichment laws are yet to be properly tested in courts, they have “remarkable potential” in the field of asset recovery.

Climate Risk

IMF Proposes Introduction of Global Carbon Price Floors

By Manesh Samtani | 21/06/2021

The IMF says limiting global warming to 1.5 to 2 degrees will require a global carbon price of around $75 per ton, compared to only $3 per ton currently.

Reporting & Disclosures

TCFD Scope 3 Review Supports Net-Zero Scrutiny

By ESG Investor | 20/06/2021

Comprehensive reporting on all corporate emissions essential for investors, regulators and policymakers working towards low-carbon economy, says GRI.

Anti-Money Laundering

FATF Framework Can Better Support Financial Inclusion: RUSI

By Manesh Samtani | 16/06/2021

There are insufficient incentives within the framework to ensure the FATF Standards are implemented in a way that supports inclusion.