MARKET INFRASTRUCTURE

Market Infrastructure

Banks’ Own Cryptocurrencies Herald a Revolution

By Peter Guy | 04/09/2017

Improved access for consumers and step towards cashless economy made possible by proprietary cryptocurrency systems.

Enforcement

BCBS Says Supervisors Should Boost Fintech Training, Regtech Use

By Samuel Riding | 04/09/2017

Taskforce says regulators will need to start upskilling staff; adopt artificial intelligence, machine learning and other tech to ensure effective supervision.

Enforcement

CSRC to Push ‘Central Surveillance System’ for Exchanges

By Samuel Riding | 29/08/2017

Chairman Liu Shiyu cites ‘huge room for improvement’ in exchanges’ front-line supervision, citing failures exposed by 2015 stock market turmoil.

Capital / Liquidity

Singapore Regulator Issues Resolution Regime

By Samuel Riding | 24/08/2017

Resolution regime includes four stage assessment criteria for financial institutions, emphasises private sector role; to be operationalised ‘in due course’.

Market Infrastructure

Cybercrime Threatening Market Integrity – ASIC

By Samuel Riding | 23/08/2017

Australian regulator says market integrity will be a top priority over the next six months amid a surge in related misconduct issues.

Enforcement

Japan FSA to Set up Anti Cybercrime, Money Laundering Bureau

By Editors | 23/08/2017

Internal reorganisation acknowledges growing role of fintech, which will be regulated by FSA Planning and Coordination Bureau with enhanced powers.

Market Infrastructure

Japanese Brokerages Testing AI Systems to Detect Market Manipulation

By Garima Chitkara | 14/08/2017

SBI and Rakuten expect artificial intelligence software to be operational for detecting market manipulation within this year.

Market Infrastructure

Thai Bank Governor Calls for Greater Financial Connectivity Across Region

By Garima Chitkara | 10/08/2017

Central bank governor made comments during the opening ceremony of the Asian Financial Cooperation Association.

Market Infrastructure

Australian Superannuation Body Against Co-regulation

By Garima Chitkara | 03/08/2017

ASFA has come out strongly against the Treasury consultation proposing greater involvement of the ASIC in monitoring and enforcing financial industry codes.