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ESG / Sustainability
IOSCO Issues Final Recommendations on Compliance Carbon Markets
By Editors | 18/07/2023
IOSCO’s final report sets out twelve key recommendations on establishing and enhancing compliance carbon markets, drawing from the experiences of traditional financial markets.

Crypto / Digital Assets
FSB Delivers Key Updates on Crypto, Climate to G20
By Manesh Samtani | 14/07/2023
The FSB said attention must now turn to implementation of its new crypto regulatory standards; Updated roadmap on climate risks is published.

Market Infrastructure
BSP Issues Draft Guidelines on Operational Resilience
By Mark Johnston | 14/07/2023
Financial institutions should be able to demonstrate that they can continue to render critical operations through significant disruptions.

Big Picture
BIS Releases Three Reports Covering Crypto, Stablecoins, CBDC
By Manesh Samtani | 13/07/2023
One report says explains why crypto assets are ill-suited to play a significant role in the monetary system. The other two discuss CBDC progress.

ESG / Sustainability
Industry Consults on Code of Conduct for ESG Ratings
By Ranamita Chakraborty | 07/07/2023
The code incorporates recommendations from the International Organisation of Securities Commissions and sets out clear guidance for ESG data and rating providers.

Capital / Liquidity
FSB, IOSCO Propose Tighter Rules for Open-ended Funds
By Manesh Samtani | 06/07/2023
The FSB and IOSCO are calling for greater and more consistent use of anti-dilution liquidity management tools in open-ended funds, such as swing pricing.

Market Infrastructure
IOSCO Declares Certain Credit Sensitive Rates Non-Compliant
By Manesh Samtani | 04/07/2023
IOSCO’s statement comes after the final five settings of USD LIBOR were published for the last time on Friday, marking the end of a more than 50 year old benchmark.

ESG / Sustainability
MAS Proposes Industry Code for ESG Data Providers
By Editors | 28/06/2023
The code establishes industry standards of transparency in methodologies and data sources, governance, and conflicts of interest management.

ESG / Sustainability
EU ESG Ratings Rules Risk Regulatory Fragmentation
By ESG Investor | 28/06/2023
Proposed framework aims to tackle conflict of interest concerns, but fails to address “quality of raw ESG data”.

Crypto / Digital Assets
MAS Sets Out Framework for Digital Asset Networks
By Karen Ng | 27/06/2023
MAS will also expand Project Guardian to test the potential of asset tokenisation across more financial asset classes.
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