Simpler, more rational regime is increasingly conducive, EY partner Tejas Desai suggests.
Regulator to allow work on private funds, investment advice, clearing and settlement.
Project aims to formulate rules on managing and handling digital assets and currencies.
Central banks could start putting money into distributed ledger circulation.
Regulators will collaborate on ‘experience sharing’, information exchange.
Reform would see BSP receive more financial support to enhance regulatory and supervisory powers.
Move aims to unify regulations through tightened supervision of regional exchanges.
Regulator adjusts margin settlement timeframe, asset requirements in response to feedback.
Digitisation aims to encourage more investors and reduce scheme costs.
Haruhiko Kuroda cites issues including ‘obtaining information and maintain stability’.