CBRC clarifies requirements for financial inclusion units; PBOC warns on suspicious transactions.
Commissioner Nobuchika Mori suggests fintech will facilitate provision of ‘bespoke products to mass customers’.
Securities watchdog looks to bring more regulation and compliance technology into innovation hub, sandbox.
Council of Regulators has been set up to tackle systemic risk, particularly cross-market issues.
Study confirms frameworks for payment and securities settlement systems, CCPs and trade repositories meet PFMI.
Sector could have higher financial risks, pose systemic risks, and pose regulation and monitoring challenges.
Offshore HFTs must have offices in Japan; all must register with regulator, disclose risk management practices.