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’.
Group met to discuss macroprudential frameworks, fintech, and correspondent banking.
Accompanying rules aim to curb cross-border illegal activity, market misconduct.
Reviews to be conducted twice a year; companies can apply to exit list in March, September each year.