Sustainable Finance

Thailand: Regulators Set Out Sustainable Finance Initiatives

22/08/2021

The strategic initiatives include the development of a sustainable finance taxonomy, the ESG data environment, and sustainable finance products.

Market Data & Technology

US SEC Allows API Access to Financial Disclosure Data

22/08/2021

The APIs aggregate financial statement data and make corporate disclosures quicker and easier for developers and third-party services to use

Structural Regulation

OJK Indonesia Introduces Digital Banking Framework

22/08/2021

Digital banks should have a minimum paid-up capital of IDR 10 trillion (USD 694 million). However, the capital deposit required at the time of application is IDR 3 trillion.

Capital Adequacy

Bangladesh Bank Raises Leverage Ratio Requirement

22/08/2021

A higher leverage ratio will help banks reduce import costs, increase quality capital, and enhance their ability of banks to absorb riskes, Bangladesh Bank said.

Structural Regulation

Taiwan FSC Eases Rules for Overseas Branches of Securities Firms

22/08/2021

Securities firms will be allowed to offer foreign currency custody services at overseas branches with a net value of TWD 4 billion, compared to TWD 10 billion previously.

Payments & Settlements

BSP Relaxes Rules on FX Trade Approval for Banks

22/08/2021

Banks can sell FX without prior BSP approval if they will be used for activities such as online e-commerce payments, certain imports of goods, and fee payments.

Structural Regulation

Philippine SEC Issues Final Guidelines for ASEAN CIS Framework

22/08/2021

In May, the Philippines became the fourth signatory to the ASEAN CIS Framework for cross-border funds after Malaysia, Singapore and Thailand.

Trading & Investment

India Pilots New Gift City Bullion Exchange

20/08/2021

The International Bullion Exchange will be the ‘gateway for bullion imports into India’, the finance ministry said in a statement.

Trading & Investment

HKEX Set to Launch A-share Index Futures in October

20/08/2021

The SFC approved HKEX’s launch of the new futures contract on Friday, calling it a major milestone for Hong Kong’s capital markets.