«The government is fully aware of the need to strike a balance between public interest and
integrity of the financial system,» Johari continued, «similar to any financial and investment schemes, there is a need to have proper regulation and supervision to ensure any risk associated with such schemes are effectively contained.»
Find out more about how HSBC continues to support and comply with global initiatives to improve tax transparency and protect
the integrity of financial systems:
While Bitcoin is unlikely to dislodge paper money, its greatest legacy would be the benefits of the underlying blockchain technology to the security of banks and
the integrity of the financial system — which remain closely intertwined.
The roundtable unanimously recognized that regulators have an important role in protecting consumers as well as in protecting
the integrity of the financial system from systemic risks.
«Gary Ackerman is a solid progressive who is, if the Democrats take back the House, poised to assume important leadership roles in protecting
the integrity of our financial system and strengthening the U.S. - Israel relationship as a senior member of the House Financial Services and Foreign Affairs committees.»
Moreover, looking to the future, we strongly support measures — including the development of a special bankruptcy regime for financial firms whose disorderly failure would threaten
the integrity of the financial system — to ensure that ad hoc interventions of the type we were forced to use last fall never happen again.
According to BNM Governor Tan Sri Muhammad Ibrahim, the introduction of regulations for virtual currencies are intended to prevent abusing the system for criminal and illegal activities and to maintain the stability and
integrity of the financial system.
«For now, the nature and scale of cryptocurrency trading in Singapore does not pose risks to the safety and
integrity of our financial system,» he continued.
For now, the nature and scale of cryptocurrency trading in Singapore does not pose risks to the safety and
integrity of our financial system.
In an interview with The Malaysian Reserve, Johari Abdul Ghanis emphasised the importance of «striking a balance between public interest and
integrity of the financial system,» adding that to ban cryptocurrencies would harm innovation.
Our balanced approach to handling ICO projects and inquiries allows legitimate innovators to navigate the regulatory landscape and so launch their projects in a way consistent with our laws protecting investors and
the integrity of the financial system.»
Malaysia's second finance minister, Johari Abdul Ghani, emphasized the importance of «striking a balance between public interest and
integrity of the financial system,» adding that to ban cryptocurrencies would harm fintech innovation.
«Our balanced approach to handling ICO projects and enquiries allows legitimate innovators to navigate the regulatory landscape and so launch their projects in a way consistent with our laws protecting investors and
the integrity of the financial system.»