Events listed in report / study
Shortage of liquidity creates difficult situations for pension managers
ID 21626
The Central Bank of Sweden, Riksbank, has published a staff memo entitled The liquidity crisis in UK pension funds from a Swedish perspective. The memo contains an analysis of the recent turmoil in the UK gilt market caused by a government announcement to drastically reduce taxes and increase debt levels to spur economic recovery and the impact of such upon UK guilt yields and ...
ISDA Launches Standard Definitions for Digital Asset Derivatives
ID 21600
On 26 January 2023, the International Swaps and Derivatives Association (ISDA) published ISDA Digital Asset Derivatives Definitions (behind a paywall), alongside a freely accessible whitepaper entitled “Navigating Bankruptcy in Digital Asset Markets: Netting and Collateral Enforceability“, which addresses some of the legal issues raised by the recent bankruptcies of major crypto exchanges and market participants. The ISDA Digital Asset Derivatives Definitions are ...
2022 Thematic Review: STOR Obligations of IFMs
ID 21586
On 25 January 2022, the Commission de Surveillance du Secteur Financier (CSSF) published its 2022 Thematic Review: STOR Obligations of IFMs. The present review „is part of the measures taken by the CSSF following the finding made in 2019 in the ESMA Peer Review on Suspicious Transaction and Order Reports (STOR) that national competent authorities, including the CSSF, **need to engage more with asset ...
Climate-related risks need to be identified and managed
ID 21584
The Swedish Central Bank, Riksbank, has published its new Climate Report 2023 which basically includes three key elements: 1. a description of why climate change risks matter and who is affected by climate change risks. In this context, Riksbank also urges all financial market participants to take adequate measures to identify, monitor, and mitigate climate change risks – before they become major threats not ...
Asset Management
report / study
Estonia should continue strengthening the capacities and performance of the private ...
ID 21565
MONEYVAL has published the 5th round Mutual Evaluation Report (MER) on Estonia summarising the anti-money laundering counter financing of terrorism (AML/CFT) measures in place in Estonia as adopted by the MONEYVAL Committee at its 64th Plenary Session (5-8 December 2022). CONSOLIDATED ASSESSMENT RATINGS The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with the ...
ECB publishes new climate-related statistical indicators to narrow climate data gap
ID 21556
The European Central Bank (ECB) has published a first set of climate-related statistical indicators to better assess the impact of climate-related risks on the financial sector and to monitor the development of sustainable and green finance, fulfilling another of the commitments of its climate action plan. ECB understands high-quality data as a key to close the climate data gap and to reach further progress ...
Asset Management
report / study
Monaco should step up its efforts to investigate and prosecute money laundering, to ...
ID 21543
MONEYVAL has published the 5th round Mutual Evaluation Report (MER) on Monaco summarising the anti-money laundering counter financing of terrorism (AML/CFT) measures in place in Monaco as adopted by the MONEYVAL Committee at its 64th Plenary Session (5-9 December 2022). CONSOLIDATED ASSESSMENT RATINGS The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with the ...
„Tokenizzazione di azioni e azioni tokens“: pubblicato nuovo Quaderno ...
ID 21541
Consob has published a new legal notebook (No. 25), focusing on the tokenization of shares and token shares. The notebook is divided into four chapters: 1. DLT and crypto-assets 2. Corporate and financial market aspects of crypto-assets 3. New token shares 4. The application of DLT in market infrastructures The first chapter discusses the concept of wealth tokenization, starting with the definition of crypto-assets ...
Implementation of G20 Non-Bank Financial Intermediation Reforms: Progress report
ID 21506
On 18 January 2023, the Financial Stability Board (FSB) published the Implementation of G20 Non-Bank Financial Intermediation Reforms progress report, describing progress in implementing reforms that had been agreed by the G20 following the 2008 global financial crisis to strengthen the oversight and regulation of non-bank financial intermediation (NBFI). Reforms to NFBI (formerly referred to as shadow banking) is one of the FSB’s priority ...
Asset Management
report / study
MONEYVAL report on Lithuania: improvements in transparency of legal persons and in ...
ID 21504
MONEYVAL has published the 3rd enhanced follow up report (FUR) & Technical Compliance Re-Rating on Lithuania summarising the anti-money laundering counter financing of terrorism (AML/CFT) measures in place in Lithuania as adopted by the MONEYVAL Committee at its 64th Plenary Session (5-9 December 2022). The mutual evaluation report (MER) of Lithuania was adopted in December 2018 and its 1st and 2nd Enhanced Follow-up Reports ...