International Content

On January 16, the Basel Committee on Banking Supervision (BCBS), the Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) jointly published a consultation report on...

On December 20, 2023, the Financial Stability Board (FSB) and International Organization of Securities Commissions (IOSCO) each published final reports on liquidity risk management in open-ended funds (OEFs), following their respective July 2023 consultations on the subject.

On December 14, 2023, the ESG Data and Ratings Working Group (DRWG), convened by the UK Financial Conduct Authority (FCA), finalized the voluntary code of conduct for ESG ratings and data providers. The FCA welcomed the launch of the code of conduct, noting that the code of conduct...

The IRS issued Notice 2024-11, updating the list of US tax treaties (Notice 2011-64) that meet the requirements of section 1(h)(11)(C)(i)(II) for obtaining reduced capital gains rates on some dividend payments.

On December 6, 2023, the UK HM Treasury (HMT) and Financial Conduct Authority (FCA) each published consultations on money market fund (MMF) reform to replace the retained EU law related to MMFs with a new framework, specifically designed for the UK. The HMT published a policy note and...

On December 4, 2023, the Financial Stability Board (FSB) published Enhancing Third-Party Risk Management and Oversight: A toolkit for financial institutions and financial authorities.

ICI Global submitted the attached response to the European Commission's targeted consultation on the implementation of the Sustainable Finance Disclosures Regulation (SFDR).

ICI Global submitted the attached letter to the Call for Evidence launched by the UK Department for Energy Security and Net Zero on the cost, benefits, and practicalities of Scope 3 greenhouse gas (GHG) emissions reporting in the UK.