Japanese central bank and European counterpart conclude from 'Project Stella' tests of DLT in RTGS that the technology is not yet mature enough.
Regulator’s chairman says each algorithmic system must have designated individual responsible for design and outcomes, echoing new bank accountability regime.
Improved access for consumers and step towards cashless economy made possible by proprietary cryptocurrency systems.
Taskforce says regulators will need to start upskilling staff; adopt artificial intelligence, machine learning and other tech to ensure effective supervision.
Misconduct cases up 66%; regulator cites blockchain and cloud computing as hindrance to monitoring efforts, eyes regtech solutions.
Chairman Liu Shiyu cites ‘huge room for improvement’ in exchanges' front-line supervision, citing failures exposed by 2015 stock market turmoil.
Two-stage testing of Phase 2 reporting to depository covers interest rate, foreign exchange, equity, credit and commodity derivatives.
Regtech to include API for FIs' reporting; BSP to push financial services firms to improve cyberdefences; two bitcoin exchanges get regulatory approval.
Cryptocurrency to be brought under AUSTRAC; proposal to follow Japan in giving bitcoin legal tender status being considered by central bank.
A roadmap is useful when you get to a junction, where the path is unknown, and the choices are plenty. In the world of data, there are many junctions.
Loading more posts...
Sorry, no more posts
No more pages to load