Reporting and GovernanceRSS
Sassan Danesh

DSB to detail UPI work timelines in March

The Derivatives Service Bureau's unique product identifier aims to help regulators track potential systemic risks within the OTC derivatives market. 

David E Rutter

Crypto must get to grips with its high-risk culture

Following a year of price drops, job losses and bankruptcies, many in the crypto industry were hoping for a calm end to 2022. But then came the spectacular FTX fallout and a flurry of criminal fraud charges against its former chief executive, Sam Bankman-Fried, making corporate culture a hot topic once again.

GET digital supply chain

Banks probe deeper into their supply chains to keep regulators onside

Discussions around operational risk are rippling further down bank supply chains due to regulators taking more interest in resilience as digitisation gains momentum. However, there are concerns that not enough attention is being paid to future proofing risk management.   

US lenders increasingly concerned about regulatory compliance

The pace, scope and volume of regulation and complying with it were revealed to be among the top concerns for US lenders, according to the latest regulatory and risk management survey by information services firm, Wolters Kluwer.

James Alexander, UKSIF

Global taxonomies battle risks undermining green finance

Dozens of countries have embarked on developing their own sustainable taxonomies. Many use the ground-breaking, if flawed, EU taxonomy as a template. What degree of interoperability will emerge from these varying standards and how does the US, an outlier, fit in?

Why financial services firms will need to amplify self-scrutiny in 2023

The requirements surrounding robust ESG alignment and disclosure are tightening, and firms must be prepared. Nonetheless, financial services firms have always had to measure and evaluate risk, but their key areas of focus may require significant evolution during 2023.

Silke Bernard, Linklaters

Firms should prepare for tightening ESG standards

Around the world we are seeing nations and new networks ramping up their efforts to meet their climate goals and transition to a green economy. But the road ahead is far from smooth, and a number of real challenges can be seen on the horizon. We examine some of the key ESG headwinds we face and discuss their impact on global climate action, financing and the geopolitical landscape.

FTX’s collapse calls for stronger governance within crypto firms

The dramatic collapse of FTX, one of the world’s largest cryptocurrency exchanges, has shaken the cryptocurrency markets and raised serious questions around governance, corporate controls and the centralisation of power within some of these firms.

CFA Institute calls for harmonisation of crypto-asset regulation

Policy-makers should try to harmonise crypto regulatory frameworks, classify them, be technology neutral and regulate stablecoins for systemic risks, the CFA Institute said on January 4 in a report.

CSRD to make greenwashing harder in the EU

The fight against greenwashing has received a major fillip following a vote by the European Parliament on November 10 to pass the Corporate Sustainability Reporting Directive (CSRD) – an ESG framework that will force more accurate reporting of climate related data.