Investors must understand the limits of regulatory efforts to measure climate stress at banks.

Increased trading of emerging market FX has prompted settlement provider CLS and some of the world’s largest banks to explore options for extending payment-versus-payment to a wider range of currencies.

China’s qualified domestic limited partnership scheme, which lets foreign asset managers raise money onshore in renminbi to invest offshore, is taking shape – but it is complex. Euromoney has some tips designed to stop you wasting time and money.

In May, Benjamin Diokno, governor of Bangko Sentral ng Pilipinas (BSP), proudly announced the formation of a new ‘bad bank’ asset management company regime under the Financial Institutions Strategic Transfer Act - known by the bold and bracing acronym, FIST.

From Beijing’s plans to overhaul its small-business stock exchange to Shanghai’s push to be a global financial services leader, legislators never seem to rest in China.

DeFi is not a strategic asset allocation for mainstream investors yet, but big gains on cryptos and now high yields are drawing in the front runners.

The European Banking Authority’s public consultation on guidelines for compliance officers once again highlights the vital role played by FX brokerage compliance teams in combatting financial crime.

A new anti-money laundering centre housed in the Baltic state’s central bank is growing and hiring fast. It aims to turn Lithuania into an AML hub – and to address and reverse the region’s questionable reputation.

Recent reports concerning a payment made by Deutsche Bank to Europe’s largest winery are a reminder that disputes over FX derivatives mis-selling have yet to run their course.

A Royal Commission in Papua New Guinea has heard evidence that accuses UBS of exploiting the country in a complex 2014 loan, which it is claimed enriched the Swiss bank inappropriately and was awarded over the objections of the then-Treasurer of PNG. It will report its findings in September.

With investors already struggling to generate positive yields on most money market funds, managers are concerned that proposed legislative changes could render some funds unviable.

Despite concerns over recent regulatory changes, synthetic risk transfers remain a key driver for business lending in markets where private investment is underdeveloped.

The European Commission keeps pressing, but a consolidated tape for bonds is not yet realistic – and firms should use AI analytics to create a quasi-tape.

Bank CEOs do not like it, but the regulators are fostering competition.

Paytm, whose largest shareholder is Ant Group/Alibaba, could raise India’s largest-ever IPO. It should be smoother than Ant’s own failed attempt, and that tells us something about changing regulatory positions.

Naysayers were swift to condemn Lithuanian involvement in the German scandal.

The Spac bubble has burst, and while European exchanges try to attract more deals, sponsors that listed in the boom will soon be struggling.

African banks have enviable growth prospects, but fintech and regulation are forcing them to look beyond their core businesses.

Beijing’s push to rein in its fintech champions, including Ant and Tencent, shows no sign of abating. It fears these big corporations and is busy handing out record fines – yet it would be wise not to go too far and undermine all the good things they do.

Investors in a faith-based asset look forward to higher highs and higher lows, even as regulators crack down once more.

Corporate insolvencies are poised to rise sharply once pandemic-related state support is removed. In the UK, companies must familiarize themselves with new insolvency regulations as the deadline for the removal of protections looms.

Merger shows Indonesia e-commerce coming of age, but can the financial services assets be combined?

The asset cap imposed on Wells Fargo in 2018 has forced the bank to operate as efficiently as it can. Jon Weiss, CEO of corporate and investment banking, tells Euromoney that risk management remains his priority.

Most speakers at Isda’s annual meeting avoided mentioning the Archegos Capital Management blow-up. IOSCO head Ashley Alder didn’t get the memo.

Basel’s latest effort to improve market resilience is expected to accelerate the development of clearing solutions – but it won’t leave everyone better off.

The implosion of Bill Hwang’s Archegos Capital Management focused attention on family offices, a fast-growing, lightly regulated and ill-defined investor group. Greater oversight is surely inevitable, as is the evolution of the sector away from small, standalone entities into truly global multi-family wealth managers.

Most open-banking solutions introduced to date have been focused on retail users, but the pandemic is driving demand from corporates for new application initiatives.

Regulators have set high conduct standards for banks in assisting particularly smaller corporate customers with the impact of the transition away from Libor.

The implosion of Archegos has ripped away the veneer of conservatism and safety that the family office has long enjoyed. It has also emphasized the lack of clarity about what the industry is and its lack of oversight.

2020 was a breakout year for China’s financial and capital markets. The next 12 months could be just as busy, as regulators rush to approve a host of licences lodged by global financial institutions.