Digital Assets

Custody & Infrastructure

Why Blockchain will Disrupt Banking: 7 Questions Banks in Asia are Asking

By Editors | 15/09/2015

Blockchain technology has not only interested the banks but regulators and market participants.

Structural Regulation

RBI Calls for Regulation of “Disruptive” Financial Innovation

By Editors | 28/08/2015

RBI Deputy Governor SS Mundra is calling for tighter regulatory frameworks around peer-to-peer (P2P) lending, internet-only banks, crowd funding platforms and cryptocurrency.

Cryptocurrency

Japan to Introduce Registration System for Virtual Currency Exchange Operators

By Editors | 07/08/2015

Japan’s Financial Services Agency is considering introducing regulations for trading bitcoins and other virtual currencies, possibly through a registration system for operators.

Cryptocurrency

Aussie Banks Test Digital Currency Ripple as New Payments Technology

By Editors | 19/06/2015

ANZ Bank and Westpac have joined Commonwealth Bank in testing new payments technology from US-based group Ripple Labs, representing a possible transformation of the payments industry.

Anti-Money Laundering

Japan, China, U.S. Jointly Push FATF on Virtual Currency Regulation

By Editors | 18/06/2015

Financial authorities of Japan, the United States and China plan to establish joint regulations to prevent the use of virtual currencies to finance illegal activities such as terrorism.

Structural Regulation

IOSCO Consults on Guidelines over Custody of CIS Assets

By Editors | 14/10/2014

The International Organization of Securities Commissions has issued new guidelines regarding custody of collective investment schemes’ (CIS) assets, highlighting issues around the independence of custodians and their role in ensuring the safety of clients’ assets.

Emerging Prudential Risks

Australia’s Central Bank Governor Sounds Caution on New Threats to Stability

By Editors | 10/06/2014

Global regulators are issuing more than enough regulation to stop a recurrence of a global financial crisis, said Reserve Bank of Australia governor Glenn Stevens, as he cautioned that new potentially damaging threats to global stability could be overlooked.

Anti-Money Laundering

Singapore to Regulate Virtual Currency Exchanges

By Editors | 13/03/2014

The Monetary Authority of Singapore said it will regulate virtual currency intermediaries, to combat potential risks from money-laundering or terrorism-related financing.

Cryptocurrency

Japan’s Financial Authorities Refuse to Intervene in Bitcoin Case

By Editors | 25/02/2014

Japanese financial authorities decline to take responsibility for the crypto-currency.