The FSC will introduce new measures later this year to increase the use of anonymised data that can be aggregated to perform data analytics.
One of the Asian Institute of Digital Finance's first projects is to build a data-sharing platform that can train models to improve credit assessments, said Deputy Prime Minister Heng Swee Keat.
Modelled after Japan's national payment system, the new system is expected to enhance straight-through processing between the central bank and FIs.
The proposed regulations, based on ICMA's Sustainability-Linked Bond Principles, will help issuers fund the sustainable transformation of their businesses
The winning proposals hold 'great potential' for addressing some long-standing pain points of the global trade finance business, said the HKMA's Edmond Lau.
The Korea Financial Telecommunications and Clearings Institute will start operating a central registry for P2P transaction data from 1 May 2021.
The bill will allow Australians to choose their own superannuation fund instead of being forced to invest in mandatory superannuation funds offered by their employers.
Wall Street-backed MEMX will begin trading in six symbols on 21 September before trading all National Market System stocks on 29 September.
KPMG was appointed as ZenRock's interim judicial manager in May amid allegations from HSBC that the company engaged in "dishonest transactions".
HKEX has launched ten new index futures contracts, part of its new licensing agreement with MSCI announced in May.
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