International

Reporting & Disclosures

WEF Announces Common Metrics for ESG Reporting

By Editors | 24/09/2020

The metrics were developed with Deloitte, EY, KPMG and PwC in an open consultation process with corporates, investors, standard-setters, NGOs and international organisations.

Clearing & Post-Trade

Riding the Tech Wave in a Volatile Derivatives Market

By John Omahen | 23/09/2020

A surge in trading volumes has highlighted the need for brokerage firms to re-engineer their businesses for the future, writes John Omahen at FIS.

Reporting & Disclosures

A New Zero Tolerance Era for ESG Reporting

By Editors | 22/09/2020

As nations across the globe come to terms with understanding and tackling climate change, mandatory reporting of such risks across capital markets could well become the norm.

Cryptocurrency

EU Set to Unveil Regulatory Framework for Crypto-assets

By Sanday Chongo Kabange | 22/09/2020

A leaked set of proposals indicates the European Commission is looking to introduce an EU-wide digital finance framework to hep regulate crypto-asset activities.

PEPs & Sanctions

US Imposes Sanctions on 27 Iranian Entities, Individuals

By Editors | 22/09/2020

Any foreign FI that knowingly facilitates a significant transaction for the designated individuals or entities could be subject to US sanctions.

Conduct, Culture & Accountability

IOSCO Publishes Guidance on Debt Raising Conflicts of Interest

By Editors | 21/09/2020

The final guidance presents nine measures that address potential conflicts of interest and associated conduct risks when issuers are preparing to raise debt finance.

Anti-Money Laundering

FinCEN Files Reveal AML Failures at Global Banks

By Manesh Samtani | 21/09/2020

The trove of documents shows that the banks allowed $2tr to flow through the financial system despite having flagged the transactions as suspicious.

Anti-Money Laundering

Global AML Reforms Need to Be More Ambitious

By Che Sidanius | 21/09/2020

The European Commission is taking decisive action to fight financial crime by reforming its AML rules and enforcement mechanism, writes Refinitiv’s Che Sidanius.

Reporting & Disclosures

BIS Report Proposes Carbon Intensity-based Rating System

By Manesh Samtani | 20/09/2020

A new report proposes a system for labelling issuers for firm-level greenness based on carbon intensity, the ratio of carbon emissions to revenue.