Global Trustee and Fiduciary Services Bite Sized Issue 12 2024

20 Global Trustee and Fiduciary Services Bite-Sized | Issue 12 | 2024 Publication Release date Link International IMF publishes Staff Report – Central Bank Digital Currency: Progress and Further Considerations 8 November 2024 Link to Report here ABI/Lloyds publish joint report – Components of amajor cyber event – a (re)insurance approach 8 November 2024 Link to Report and Appendix here NGFSpublishes latest Long-termclimatemacro-financial scenarios for climate risks assessment 11 November 2024 Link to the Scenarios here IOSCO issues statement of support on the IAASB’s International Standard on Sustainability Assurance (ISSA) 5000 12 November 2024 Link to Press Release here NGFS publishes a Conceptual Note on Adaptation and a Synthesis Report on the greening of the financial system 14 November 2024 Link to Announcement here IOSCO publishes its Final Report on Promoting Financial Integrity and Orderly Functioning of Voluntary CarbonMarkets 14 November 2024 Link to Final Report here FSB publishes 2024 Annual Report 18 November 2024 Link to Report here FSB Chair calls on G20 Leaders to implement agreed reforms fully 18 November 2024 Link to Letter here IOSCO unveils new roadmap to enhance retail investor online safety 19 November 2024 Link to First Consultation Report here Link to Second Consultation Report here Link to Third Consultation Report here FSB publishes report on legal and regulatory challenges to the use of compensation tools 20 November 2024 Link to Report here IOSCO publishes Consultation Report on Pre-Hedging 21 November 2024 Link to Consultation here IOSCO publishes Report - Targeted Implementation Review on Principles for the Regulation and Supervision of Commodity Derivatives Markets 25 November 2024 Link to Report here IOSCO publishes Final Report on Post Trade Risk Reduction Services: Sound Practices for Consideration 25 November 2024 Link to Report here IOSCO publishes Final Report on Regulatory Implications and Good Practices on the Evolution of Market Structures 29 November 2024 Link to Report here Asia/Pacific Speech by Carmen Chu, Executive Director (Banking Supervision), Hong KongMonetary Authority: FromSeed to Scale: HowFintech Can Accelerate the Transition to a Greener Economy 7 November 2024 Link to Speech here HKMA announces strategic partnership for climate investment in Asia 11 November 2024 Link to Press Release here Speech by Howard Lee, Deputy Chief Executive, HKMA at the Asia Climate Investment Seminar 11 November 2024 Link to Speech here SFC: Circular to licensed corporations - Use of generative AI language models 12 November 2024 Link to Circular here APRA releases survey results assessing management of risks associated with climate change in the financial sector 13 November 2024 Link to the Survey Findings here Speech by Joe Longo, Chair, ASIC: ASIC Annual Forum2024: Bridging generations – regulating for all Australians 14 November 2024 Link to Speech here MAS: First cloud resilience crisis management exercise conducted by APAC financial regulators and cloud providers 15 November 2024 Link toMASWebsite here Speech by Julia Leung, Chief Executive Officer, SFC at the “Conversations with Global Investors” investment forumof the 2024 Global Financial Leaders’ Investment Summit 20 November 2024 Link to Speech here HKMA Circular: Enhanced competency framework on green and sustainable finance (Professional Level) 21 November 2024 Link to Circular and Guide here HKMA welcomes launch of HKUST's InvestLMGenerative A.I. Platform 28 November 2024 Link to Announcement here HKMA issues new supervisory policy manual module TM-C-1 on “Supervisory Approach on Cyber Risk Management” under section 7(3) of the Banking Ordinance 29 November 2024 Link to Circular here