Securities / Derivatives

Philippine Regulators Pledge to Deepen Bond Market

09/01/2024

The objective is to increase the diversity of corporate borrowers that issue bonds and to make risk pricing more active.

ESG / Sustainability

HK Regulators Unveil New Sustainable Finance Initiatives

09/01/2024

Hong Kong will adopt the IFRS Sustainability Disclosure Standards and integrate transition considerations into policy work.

AML / KYC

Vietnam: SBV Directs Banks to Strengthen AML Controls

08/01/2024

The directions come after Vietnam implemented a new AML law in 2022 and “Decree 19” in April 2023 to support implementation.

Fintech / Regtech

Korea FSC to Launch New Microfinance Assistance Platform

08/01/2024

The new online platform will help users find suitable microfinance products based on their financial needs and situation.

ASIC Extends Product Intervention Orders on Short Term Credit

06/01/2024

The product intervention orders issued in July 2022 were to remain in force for 18 months. They will now remain in force until 1 October 2032.

Capital / Liquidity

BSP Amends Cheque Clearing Policy, Reintroduces Funding Facility

06/01/2024

The reforms are aimed at enhancing the efficiency and safety of the Philippine payments system.

Market Infrastructure

Philippine Bourse Outlines Plans to Boost Market Liquidity

05/01/2024

The PSE plans to lower the minimum board lot size, allow algorithmic trading, and introduce depositary receipts.

Capital / Liquidity

Chinese Banks Act Against Credit Risk Exposure – Report

04/01/2024

Some large Chinese banks are critically assessing small banks to identify those with poor asset quality and high risk of default.

AML / KYC

Philippines Directs DNFBPs to Tighten Suspicious Transaction Reporting

02/01/2024

Amended AMLC guidelines say no administrative, criminal or civil proceedings shall lie against any person for filing CTRs or STRs in good faith.