Blog
Global Adoption of IFRS 2 to Support Sustainability
UKSIF's recent advocacy for global IFRS adoption to the ISSB marks a pivotal moment in sustainable finance. Highlighting the need for uniform reporting standards, UKSIF envisions a world where financial practices seamlessly converge with sustainability goals.
Basel Committee on Banking Supervision: GSII Identification
The PRA's updated framework on GSIIs highlights a global shift towards synchronized financial regulations. As banks span continents, unified rules become vital. The inclusion of trading volume and insurance subsidiaries reflects modern banking's multifaceted nature.
AFME on EU Regulation for ESG Ratings
The European Commission's proposal to regulate ESG ratings heralds a transformative era in global asset management. With AFME's endorsement, there's momentum for enhanced transparency, stimulating innovation, and creating global ESG standards.
CBDC: Digital Currency Evolution
Central Bank Digital Currencies (CBDCs) promise to revolutionize global finance, offering enhanced payment efficiency. However, they also pose security and privacy challenges, especially for dominant currencies like the US dollar.
Disagreement in Monetary Policy Decision-Making
Recent research reveals how supply and demand shocks influence monetary policy decisions within central bank committees. Under a dual mandate, supply shocks lead to heightened disagreements due to the challenge of balancing inflation stabilisation with output preservation.