Bank Negara expressed concern that criminal activities in the money services business could adversely impact socio-economic development, after Malaysia recorded an illicit outflow worth RM174 billion based on a Global Financial Integrity (GFI) report last year.
China's financial regulators is stepping up regulation for interbank borrowing in a move to manage risks in the financial system and deploy more capital into the real economy.
Indonesia’s Financial Services Authority has rolled back its a policy on share buyback scheme amid improving markets conditions.
Taiwan’s Financial Supervisory Commission has given its go-ahead for non-financial companies to engage in online-to-offline payment services amid growing use of electronic stored-value cards for third-party payments.
As part of capital market reforms, the Financial Services Commission said it will complete state-run Korea Development Bank’s merger with policy lender Korea Finance Corp within the year.
Myanmar’s central bank is expected to submit a new monetary policy during parliament’s next session, which begins late this month.
Taiwan's Financial Supervisory Commission (FSC) said it has conducted stress tests on banks that revealed lenders' ability to survive a potential housing crash.
Market regulator Securities and Exchange Board of India (SEBI) came out with a risk management framework for foreign portfolio investors (FPIs) citing margin of trade and position limits for investors in the cash market.
The State Bank of Vietnam has issued a circular which guides the opening and use of indirect investment capital accounts for foreign investors in the country.
The Securities and Exchange Board of India will petition the new government for more tax relief for mutual funds and the equity market to incentivise and channel savings into long-term investment products.