FSA's move towards ‘dynamic supervision’ includes scrapping inspection manuals, restructuring governance, internal structure and HR policy.
The agreement will strengthen cross-border investor protection and assist financial institutions with cross-border bond issuance.
Mitsubishi UFJ- NTT DATA distributed ledger expected to make cross-border flows more secure through single, unified platform.
Haruhiko Kuroda says global IT platform providers could pose systemic risk through holding vast amounts of data, adds to warnings on algo contagion.
Bankers Association says its members already provide legal identifiers under local regulation and the rules of countries in which they operate.
China has implemented rules governing money market fund valuations, liquidity and stable net asset value since last report.
Central banks also points to potential systemic risk from 'common exposure' as competition to lend money intensifies.
Central bank suggests financial market supervisors use of technology is one of the highest priorities in global regulation.
Blockchain KYC will allow customers to open multiple accounts without having to go through individual onboarding procedures each time.
Market participants can't meet diverse regulatory requirements without using DLT to share back office and post-trade functions, report suggests.