- Overview of funds market and fundraising environment
- M&A in the asset management and fund sector: Key themes for 2025
- UK LTAFs: Playing the
Global Asset Management Review – Issue 3
FATF updates Travel Rule
On 18 June 2025, the Financial Action Task Force (FATF) announced that changes to Recommendation 16 of the FATF standard, also referred to as the ‘Travel Rule’ in the context of virtual assets, were agreed by members at the FATF’s June 2025 Plenary meeting. The changes will come into effect by the end
FSB chair’s remarks on regulatory vigilance amidst financial innovation at G30 Plenary
On 7 June 2025, the chair of the Financial Stability Board (FSB), Klass Knot, addressed the 93rd Group of Thirty (G30) Plenary and shared his thoughts regarding financial innovation and stability. He underscored the imperative for regulators to maintain vigilance and adaptability in the face of rapid financial innovation.
Key highlights from
IOSCO final report on updated liquidity risk management recommendations for CIS
On 26 May 2025, the International Organization of Securities Commissions (IOSCO) published a final report on revisions to its 2018 Recommendations for Liquidity Risk Management for Collective Investment Schemes. Overall, IOSCO is publishing a total of 17 recommendations under a revised structure with six sections, namely the CIS Design Process, Liquidity Management
IOSCO reports on finfluencers, online imitative trading practices and digital engagement practices
As part of the third wave of its Roadmap for Retail Investor Online Safety, the International Organization of Securities Commissions (IOSCO) published on 19 May 2025 final reports on finfluencers, online imitative trading practices and digital engagement practices (DEPs). All three reports identify good practices that regulators could consider in managing
Basel Committee – Principles for the Management of Credit Risk
On 30 April 2025, the Basel Committee on Banking Supervision (Basel Committee) revised its Principles for the Management of Credit Risk (Credit Risk Principles).
The Credit Risk Principles provide guidelines for banking supervisory authorities to evaluate banks’ credit risk management processes in four key areas: (i) establishing a suitable credit risk
CPMI-IOSCO assesses PFMI for two FMI types
On 28 April 2025, the Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions (CPMI-IOSCO) issued a report ‘Implementation monitoring of PFMI: Level 2 assessment report for the EU – PSs and CSDs / SSSs’. The report presents CPMI-IOSCO’s assessment of whether, and to what degree, the contents
IOSCO consults on neo-brokers
On 12 March 2025, the International Organisation of Securities Commissions (IOSCO) issued a consultation report on neo-brokers.
Neo-brokers are a subset of brokers, characterized by providing online-only investment services and by the absence of physical operating branches, thereby using technology to facilitate those services and access to financial markets. Neo-brokers have very limited
IOSCO consults on AI in capital markets
On 12 March 2025, the International Organisation of Securities Commissions (IOSCO) issued a new consultation report on artificial intelligence (AI) in capital markets.
The purpose of the consultation report is to create a shared understanding among IOSCO members of the issues, risks and challenges that emerging AI technologies used in financial
IOSCO Work Programme 2025
- Prioritize issues related to non-bank financial intermediation again in 2025.
- Continue its review of the IOSCO Principles for the Valuation of Collective Investment Schemes.
- Spearhead a series