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.
Deloitte says regulators in the region also need to take a more joined-up approach as financial institutions outsource to jurisdictions with looser regimes.
Committee will help the regulator evolve the regulatory framework in response to the development of new technology pertinent to the securities markets.
Regulation Asia discusses the latest trends in regulatory scrutiny of capital markets with Ulf Carlsson, general manager at Nasdaq in Hong Kong.
Sheng Songcheng says bitcoin lacks 'fundamental attributes', but advocates government-derived virtual currency as Beijing-based institute researches blockchain and related financial technologies.