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.
Japanese central bank and European counterpart conclude from 'Project Stella' tests of DLT in RTGS that the technology is not yet mature enough.
FSA’s commissioner ‘embarrassed to see regional banks’ balance sheets in their core businesses deteriorate more quickly than we expected.’
Japanese Bankers Association says data elements should be narrower; concerned about cost of reporting given different collateral settlement timings.
Misconduct cases up 66%; regulator cites blockchain and cloud computing as hindrance to monitoring efforts, eyes regtech solutions.
Internal reorganisation acknowledges growing role of fintech, which will be regulated by FSA Planning and Coordination Bureau with enhanced powers.
Trade organisation says move to local CCPs could push up initial margin costs by 20% or more; cites Australian equivalency model.
SBI and Rakuten expect artificial intelligence software to be operational for detecting market manipulation within this year.