Events listed in World Wide
Asset Management
consultation
IOSCO Sets the Standard for Global Crypto Regulation
ID 23360
IOSCO has published a consultation report entitled Policy Recommendations for Crypto and Digital Asset Markets with detailed recommendations for jurisdictions on how to regulate crypto-assets. The report aims to improve global standards of regulation of crypto-assets and to address market integrity and investor protection issues. The proposed recommendations are principles-based and outcomes-focused, and they **cover the range of activities in crypto-asset markets that involv ...
Asset Management
report / study
IOSCO Encourages Regulators, Responsible Entities and Trading Venues to Review and ...
ID 23234
IOSCO has released guidelines entitled Good Practices Relating to the Implementation of the IOSCO Principles for Exchange Traded Funds, providing recommendations for ETFs on various aspects, including product structuring, disclosure, liquidity provision, and volatility control mechanisms. The guidelines aim to ensure the effective implementation of the Principles for the Regulation of Exchange Traded Funds (ETF Principles), which were published in 2013 and cover a ...
BIS Innovation Hub publishes guide on offline CBDC use
ID 23217
The BIS Innovation Hub Nordic Centre has published its Project Polaris: Handbook for offline payments with CBDC, a handbook to guide central banks on implementing offline payments with CBDC. Offline payments are defined as transfers of CBDCs value between devices without ledger system connection. The handbook highlights the importance of providing offline payments with CBDCs, but emphasizes that there is no one-size-fits-all solution as ...
Asset Management
consultation
Consultation to enhance the International Applicability of the SASB Standards now ...
ID 23208
The ISSB is seeking feedback on the Methodology for Enhancing the International Applicability of the SASB Standards and SASB Standards Taxonomy Updates, as enhancements will preserve the structure, completeness and intent of the SASB Standards. The SASB Standards are already being used by more than 2,700 companies in over 70 jurisdictions worldwide, including 72% of the S&P Global 1200 Index. The ISSB now governs ...
Asset Management
report / study
IOSCO publishes a report to help its members enhance SPAC regulations
ID 23181
IOSCO has released its FR06/23 Special Purpose Acquisition Companies report, with the intention of supporting IOSCO members in their evaluation and enhancement of their strategies pertaining to these corporations. The report focuses on SPACs, which are publicly listed blank check companies that raise funds through an Initial Public Offering (IPO) to finance a merger or acquisition of a private operating company. **The report outlines ...
Publication of the Wolfsberg Group Response to the CPMI Consultation on ISO 20022 ...
ID 23150
On 1 March 2023, the BIS’ CPMI released a consultative report on ISO 20022 harmonisation requirements aimed at improving cross-border payments, to which the Wolfsberg Group has provided comments, thereby addressing financial crime compliance risks in today’s complex and intermediated payment landscape. Questions 2 & 3, 5 & 7, and 32: These questions address various aspects of ISO 20022 message types and payment transparency. ...
FSB Statement to encourage final preparations for the USD LIBOR transition
ID 23031
The FSB published a statement concerning the transition away from the USD LIBOR by the end of June 2023. The FSB emphasises that there has been significant progress made thus far, but notes that it is crucial market participants continue to act in a timely and efficient manner to ensure an orderly transition, minimize operational risks, and support the foundation of a stable financial ...
Consolidated assessment ratings – Indonesia’s measures to combat money ...
ID 23027
On 27 April 2023, the FATF has published its latest update to its Consolidated assessment ratings together with the publication of the Mutual Evaluation Report on Indonesia’s measures to combat money laundering and terrorist financing on progress in strengthening measures to tackle money laundering and terrorist financing. CONSOLIDATED ASSESSMENT RATINGS The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning ...
Asset Management
report / study
NGFS Annual report 2022
ID 23021
The NGFS published its Annual Report 2022 and has made significant progress in its efforts to promote environmental sustainability in the financial system. Indeed, in 2022, the NGFS consisted of 121 Members and 19 Observers, and it expanded its membership throughout the year. The organization intensified its analytical work, broadened its scope of activities, and strengthened its flagship projects. One of the key achievements ...
Asset Management
information
IOSCO welcomes the initiative by the IAASB to seek early engagement and broad ...
ID 22949
IOSCO has welcomed the decision by the IAASB to move forward with the consultation on its proposed sustainability assurance standards. This move is part of the IAASB’s plan to establish an assurance framework for sustainability disclosures by the end of 2024. The purpose of this work is to promote consistency, comparability, and reliability of sustainability-related information provided to the market, thereby enhancing trust in ...