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FSB Secretary-General Warns Financial Incentives Are Required to Counter Climate Change | Cadwalader, Wickersham & Taft LLP

In a recent valedictory press interview, the Secretary-General of the Financial Stability Board (FSB), Dietrich Domanski, posited that attempts to convince banks to combat climate.

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FSB Secretary-General Warns Financial Incentives Are Required to Counter Climate Change

In a recent valedictory press interview, the Secretary-General of the Financial Stability Board (FSB), Dietrich Domanski, posited that attempts to…

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Wild West crypto faces crackdown as disgraced FTX boss is arrested and charged with fraud

Bank governor Andrew Bailey reiterated his long-held scepticism about crypto assets, whose value has fallen from £2.4 trillion a year ago to £650bn.

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VIRTUAL ASSET INDUSTRY ANSWERS G20 CALL TO OFFER SOLUTIONS TO REGULATORY AND COMPLIANCE ISSUES

BALI, Indonesia, Nov. 25, 2022 /PRNewswire/ In response to a series of unfortunate events rocking the crypto world, a number of Virtual Asset Services Providers (VASPs) have announced specific industry proposals addressed to global regulators, aiming to expand cooperation and enhance dialogue between both sides while enabling improvements to the existing regulatory mechanisms and compliance infrastructure. 20 VASPs made their way to the V20 Summit, a supporting event to the G20 Leaders' Summit, taking place in Bali, Indonesia on November 15-16, 2022. Hosted by the International Digital Exchange Association (IDAXA), in cooperation with Asosiasi Blockchain Indonesia (A-B-I), the summit served as the venue for Industry to interact and exchange with global regulators, led by the Financial Action Task Force (FATF) and the Financial Stability Board (FSB) which were both represented at the highest levels, with FATF President Raja Kumar and FSB Secretary General Dietrich Domanski providi

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