The People’s Bank of China (PBOC) has proposed a set of global rules for central bank digital currencies (CBDCs), covering how they can be used around the world as well as monitoring and information sharing.
The World Economic Forum (WEF), in collaboration with the Shanghai Advanced Institute of Finance (SAIF) has published a new white paper, ‘At a Crossroads: The Next Chapter for FinTech in China.’
Singapore’s capital markets platform iSTOX, a graduate from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox, is set to establish a new digital securities exchange in Chongqing to serve the Chinese market.
Shenzhen, China’s southern metropolis, is named after the rice paddy drains, or ‘zhen’, that once stretched across the landscape. Today, where mere decades ago sat a small fishing village, Shenzhen is a city of over 11 million inhabitants, known as China’s answer to Silicon Valley.
In the context of a pandemic, it makes sense to ensure that as much activity as possible is done digitally. Last week saw the unveiling of a new initiative from Everbright Bank: digital bank receipts with embedded XBRL data for reuse and analysis.
A major focus for this year’s Data Amplified is the use of standardisation for reporting within the Enterprise, with transactional and ledger level data being tagged in accordance with taxonomies defined by and managed by business experts. Combined with big data systems for storage and aggregation, which is in turn driven by the taxonomy, this approach […]
For all of our readers that are joining us at Data Amplified in Shanghai in just 10 days time, we have a few tips for you to prepare for your trip to China. If you want to use social media, Google or Gmail on your laptop while you’re in China you may need to use a recognised, reputable VPN. […]
It’s just over a week to go until regulators, policymakers and business professionals from around the world meet to discuss the future of business reporting at Data Amplified 2019. The conference will be packed with experts and innovators exploring everything from enterprise reporting and granular data to governance and the challenges of new technology for […]
With the volume and complexity of data gathered by regulators ever increasing, RegTech provides an opportunity to automate elements of the regulatory process, improving efficiency, speed and effectiveness. The Shanghai Stock Exchange’s (SSE’s) recently launched Company Profile System does exactly that, making full use of digital reporting’s potential to reduce the need for manual data […]
Join us this October in Shanghai, China’s technology hub, for Data Amplified 2019. As China’s world class financial and economic centre, Shanghai is an exciting place to debate and discuss the future of business reporting. Famously entrepreneurial, characterised by constant change and towering skyscrapers, and the centre of China’s technology boom, this October Shanghai will […]
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