Securities Commission 2017 annual report reveals eligibility and application requirements for digital investment management; first robot-advisory license to be granted in 2018.
Central bank plans adoption of blockchain for interbank settlements, bond issuance; leading banks launch joint initiative on blockchain based letters of credit.
FSC to exempt approved fintechs from regulations, encourage the use of such new technologies including blockchain.
System, which is awaiting approval from financial service authority, will require either fingerprint or retina scanning.
Staff and executives at three exchanges allegedly siphoned customer deposits to buy cryptocurrency on other platforms.
Regulator says it has observed data governance regimes in other jurisdictions; says Chinese lenders’ data can be inaccurate, insufficiently comprehensive, and outdated.
In a speech at Money 20/20 Asia, MAS managing director Ravi Menon spoke about the promise of blockchain technology and containing cryptocurrency...
Financial institutions will be allowed to decline MAS requests for previously-submitted data; new regulatory returns to be submitted in machine-readable formats.
Japan to urge G20 leaders to close money laundering loopholes that exist due to weak regulation in some jurisdictions, without stifling innovation.
Central bank-issued digital currencies can enhance payments, settlement, efficiency; but financial stability implications warrant consideration.