Governance, Regulation & Compliance

One of the biggest challenges for Tarek Amer’s successor will be balancing austerity and boosting citizens' purchasing power.

Despite emerging alternatives, the network power of Swift makes it tough to remain in the global financial system and avoid sanctions.  

The US Securities and Exchange Commission hopes to implement new climate change disclosure rules by the end of 2022.

China and Russia have their own Swift-like systems, and while neither is likely to displace Swift tomorrow, sanctions will propel efforts to strengthen and expand them.

CFOs must now tackle real-time emergencies and have the quick reflexes needed for crisis management.

Japan moves to digitize government services.

The Bank for International Settlements says existing regulatory frameworks need a tune-up to deal with fintechs.

Managing director of the IMF was found culpable in the World Bank Doing Business report scandal in which data was falsified.

Reta Jo Lewis’ nomination to the controversial agency comes two years after Congress reauthorized the export credit agency after leaving it moribund from 2015 to 2019 and unable to grant financial commitments for more than $10 million.

Amit Thakur, a managing director at Amax Capital and CFO of Augie, is a financial advisor in M&A, debt and equity raising, and strategic finance deals totaling $35 billion. A cross-border pro, Thakur launched Standard Chartered's U.S. M&A business, and led Morgan Stanley's Indian FIG group. He mentors startups as well as multinational companies, globally. As worldwide M&A activity reached $2.8 trillion in the first half of 2021, Thakur says there are plenty of factors that can affect deal pace, including heightened regulatory scrutiny, debt issuance and a tempering SPAC boom.

A recent spate of ransomware attacks on U.S. companies has sparked new regulations.

Barring cryptocurrencies will prevent Chinese yuan from leaving China in the form of Bitcoin or other cryptocurrencies, allowing the government to maintain control of its centralized fiscal and economic systems.

The US Consumer Price Index gained 1.7% in the past 12 months and economists are expecting inflation to easily surpass the Federal Reserve’s 2% target.

The World Trade Organization gets its first woman and first African leader.

Janet Yellen smashes the glass ceiling and makes history as the first woman nominated to run the US Department of Treasury.

Regulators are using ESG metrics to stress-test banks.

The ECB has announced that it will decide by mid-2021 when to launch a digital euro project, beginning with an investigative phase.

Policymakers should carry on with stimulus measures and let cheap borrowing costs ease their fears, Fund officials say.

The once-mighty cartel is struggling in the face of weak demand, a concerted push toward renewable energy and the market-pummeling impact of the Covid-19 pandemic.

Central banks in countries like Sweden, China, the UK, Uruguay, West Africa, Japan, Singapore, and France are piloting or experimenting with digital currencies.