Asia-Pacific

Sovereign bonds will serve as a new financial instrument for institutional investors. CSX has launched a new mobile app for securities trading.

PK Halder has been on the run since 2019 after allegedly defrauding multiple NBFIs in Bangladesh of more than $280,000.

The CMIM is being enhanced to allow ASEAN+3 members to use their own and each other's local currencies for CMIM liquidity support.

Former CBM deputy governor U Bo Bo Nge is being charged by the military government on allegations that caused losses to the government.

Sri Lanka has appointed a new prime minister after protests turned violent. Banks are told to suspend discretionary payments through the "prevailing macroeconomic tumult"

Bangladesh Bank has also recently removed pre-set limits on online money transfers between customers' bank accounts.

Listed companies will have to disclose all loan activities, contracts with related parties, and technology changes as 'price sensitive information'.

Ombudsman agrees to review complaint from Cambodian NGOs alleging IFC funding contributed to human rights abuses in microfinance lending.

Brokerage firms that are allowed to issue IPOs will be able to increase investment flows to the market and enhance their monitoring, BSEC said.

Banks will be required to more closely monitor their agent banking outlets, conduct regular visits of such operations, and submit quarterly reports on any irregularities detected.