New model will increase transparency, making industry more accountable and ASIC a stronger regulator.
Committee says it will take 5-6 years for D-SIBs to implement data aggregation, reporting principles.
Association calls for more open regulatory consultations to include foreign participants.
Head of science and technology department eyes UK FCA’s model; to develop ‘more invasive’ regulation including regtech.
One unit advised on futures contracts for more than 10 years without the required license.
Financial institutions could soon be able to access government-held information including biometric data.
Regional representative Geoffrey Heenan addresses potential ‘balkanisation’ in regulatory reform.
Outside regional framework, six banks are negotiating individual deals to set up operations.
Regulator will ask six questions to assess a DLT’s regulatory compliance.
Singapore regulator using clustering, network analysis; to set up supervisory technology unit.