SECURITIES / DERIVATIVES

Securities / Derivatives

Malaysia, S. Korea Launch Currency Swap Facility

By Editors | 27/05/2014

Bank Negara of Malaysia and the Bank of Korea have launched a currency swap facility worth up to RM5 billion, or five trillion won, to facilitate trade settlements between companies in Malaysia and South Korea.

Securities / Derivatives

Myanmar Sees Delay in Stock Exchange Launch

By Editors | 23/05/2014

The opening of a stock exchange in Myanmar may be delayed due to difficulty in recruiting skilled people for jobs at the exchange and finding companies that could qualify to list on the market.

Securities / Derivatives

Malaysia’s Audit Board Urges Firms to Ensure Quality of Monitoring Procedure

By Editors | 22/05/2014

Malaysia’s Audit Oversight Board urged audit firms to ensure quality of audit procedures.

Securities / Derivatives

Philippine Banks to Submit Stress Test Reports

By Editors | 20/05/2014

The Philippine central bank plans a stress test on banks and are asking lenders to submit reports on their assessment on the impact of interest rate changes on the real estate sector and on their balance sheets.

Securities / Derivatives

Money Laundering Impacts Socio-Economic Development, Says Bank Negara

By Editors | 19/05/2014

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.

Securities / Derivatives

Indonesia’s Finance Regulator Rolls Back Share Buyback Rule

By Editors | 19/05/2014

Indonesia’s Financial Services Authority has rolled back its a policy on share buyback scheme amid improving markets conditions.

Securities / Derivatives

Taiwan Regulator Okays Draft Bill on Third-Party Payments

By Editors | 19/05/2014

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.

Securities / Derivatives

Myanmar Central Bank Readies New Monetary Policy

By Editors | 16/05/2014

Myanmar’s central bank is expected to submit a new monetary policy during parliament’s next session, which begins late this month.

Securities / Derivatives

Taiwan Regulator Conducts Test on Banks, Says Can Survive Housing Crash

By Editors | 16/05/2014

Taiwan’s Financial Supervisory Commission (FSC) said it has conducted stress tests on banks that revealed lenders’ ability to survive a potential housing crash.