Global Trustee and Fiduciary Services Bite-Sized Issue 3 2024

Global Trustee and Fiduciary Services Bite-Sized | Issue 3 | 2024 18 Publication Release Date Link International BIS Papers 114: The economic implications of services in the metaverse 8 February 2024 Link to BIS Paper here International Capital Market Association: Transition Finance in the Debt Capital Market 15 February 2024 Link to ICMA Paper here BISWorking Papers No 1168: Corporate Payout Policy: Are Financial Firms different? 20 February 2024 Link toWorking Paper here Asia ASEANGuide on AI Governance and Ethics 2 February 2024 Link to Press Release here HKMA Circular: Anti-Money Laundering and Counter-Financing of TerrorismSurveillance Capability Enhancement Project 7 February 2024 Link to Circular here Hong Kong Government launches consultation on legislative proposals to regulate OTC trading of virtual assets 8 February 2024 Link to Press Release here HKMA Circular: Expansion of Greater Bay Area Fintech Pilot Trial Facility 8 February 2024 Link to Circular here ASIC consults on changes to OTC derivative transaction rules 15 February 2024 Link to Press Release here MAS Updates its FAQs on the Securities and Futures (Reporting of Derivatives Contracts) Regulations 2013 15 February 2024 Link toMAS Updated FAQ here MAS publishes response to feedback received on ‘Proposed Amendments toMAS’ Investigative and Other Powers under the Various Acts’ 16 February 2024 Link to Response to Feedback here Financial leaders to gather at SFC symposium to chart Asianmarkets’ way forward 20 February 2024 Link to Press Release here Malaysia Advisory Committee on Sustainability Reporting seeks feedback on Proposed National Sustainability Reporting Framework 20 February 2024 Link to Consultation here MAS Updates Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies 23 February 2024 Link to Updated Guidelines here SFC: Green FintechMap launch showcases Hong Kong’s edge in sustainable finance 1 March 2024 Link to Press Release here North America SEC Publishes Annual Staff Report on Nationally Recognized Statistical Rating Organisations 16 February 2024 Link to 2023 Staff Report on NRSROs here CFTC approves proposed rules and other Commission business 20 February 2024 Link to Press Release here SEC Updates Ethics Rules Governing Securities Trading by Agency Personnel 22 February 2024 Link to Press Release here CFTC Staff Issues No-Action Letter Regarding Pre-Trade Mid-Market Mark for Certain Interest Rate Swaps Referencing SOFR 22 February 2024 Link to Press Release here Speech by CFTC Commissioner Kristin Johnson: Building a Regulatory Framework for AI in Financial Markets 23 February 2024 Link to Press Release here Europe Switzerland: FINMA sets out its supervisory practice on the management of nature-related financial risks 1 February 2024 Link to Press Release here Luxembourg: CSSF Gap analysis: Thematic Review on Issuers’ Sustainability Statements on the Verge of the CSRD Entry into Force 2 February 2024 Link to Gap Analysis here ESMA issues warning on requirements when posting investments recommendations on social media 6 February 2024 Link to ESMAWarning here Netherlands: AFMSupervision Report: Transparent Net-zero Targets Require Courage 7 February 2024 Link to AFMPress Release here Luxembourg: CSSF publishes Circular letter on 2023 Questionnaire on Financial Crime 8 February 2024 Link to CSSF Circular here ESMAWorking Paper No. 2, 2024 ESG funds during the 2020 COVID-19market turmoil: performance and flows 15 February 2024 Link toWorking Paper here