REGFACTS/

INDUSTRY NEWS & TRENDS

Deborah

CA/FinCen Reports Shows Increase in Ransomware Attacks

FinCEN released its Financial Trend Analysis of ransomware-related Bank Secrecy Act (BSA) filings for the second half of 2021. Ransomware...

Deborah

CA/BoC Restates Its Upcoming Supervision of PSPs

On November 2, Ron Morrow, the Executive Director of Retail Payments Supervision at the Bank of Canada, addressed this year’s Canadian...

Deborah

FR/AMF Reports on Climate Risks Measures Taken So Far by FIs

The Report dated as of June 2022, outlined the measures implemented to date by financial institutions to tackle climate change risks. The...

Deborah

Global/ISSB Provides Several Updates on Proposed Disclosure Standards

The International Sustainability Standards Board (the “ISSB”) published updates on its initial proposed climate and sustainability...

Deborah

EU/Regulation: EBA Reports on ESG Risk and Supervision of Investment Firms

Published on October 24 by the European Banking Authority (EBA), the Report on the integration of ESG risks in the supervision of...

Deborah

EU/ESMA Releases Additional Q&A on the SFDR RTS

On November 17, by the European Securities and Markets Authority (“ESMA”), published the Questions and Answers ("Q&A") on the SFDR...

Deborah

EU/Fund Names: ESMA Consults on ESG or Sustainability-related Terms

On 18 November, ESMA released its Consultation Paper to gather feedback on the use of ESG or sustainability-related terms in fund names....

Deborah

EU/EC Adopts Legislative Proposal for Instant Payment

Adopted on October 26, 2022 by the European Commission (EC) the Legislative Proposal aims to make instant payments in Euro available to...