Asia-Pacific
-
353Malaysia Issues Policy Standards for Open Data APIs
Editors, Regulation Asia January 8, 2019A new central bank policy document outlines recommendations for financial institutions developing and publishing Open Data APIs.
-
280Philippine Banking System Stable Despite Outside Challenges
Editors, Regulation Asia January 7, 2019The Philippine banking system “remained robust and continued to exhibit strong capital position and sustained growth in core earnings”, says BSP deputy governor Chuchi Fonacier.
-
312BOT Urges Commercial Banks to Set Up Risk Management Boards
Editors, Regulation Asia January 4, 2019Thailand’s central bank is concerned about underpricing of risk on corporate loans given “growing uncertainties” in domestic and international markets.
-
658Philippines SEC Extends Consultation on ICO Rules
Editors, Regulation Asia December 31, 2018The second round of public consultation is open until 15 January, after stakeholders asked for more time to study the draft rules.
-
453
BNM Issues Policy Document Targeting Outsourcing Risk at FIs
Editors, Regulation Asia December 31, 2018Malaysia's central bank has raised expectations on the board and senior management to ensure effective oversight and governance of outsourcing arrangements.
-
472All SWIFT Banks to Adopt gpi Payments by End-2020
Editors, Regulation Asia December 20, 2018Over half of SWIFT's cross border traffic now goes through as gpi payments, with full adoption by its 10,000 member banks expected by end-2020.
-
578Malaysia Files Criminal Charges Against Goldman Sachs over 1MDB
Editors, Regulation Asia December 17, 2018Malaysian prosecutors have filed criminal charges against three Goldman subsidiaries and two former employees, seeking fines in the billions of dollars and jail terms of up to 10 years.
-
557Myanmar’s First Credit Bureau to Become Operational Within a Year
Editors, Regulation Asia December 17, 2018Using software from Equifax, the new credit bureau will enable lenders to use credit histories to calculate bad debt risk and potentially lower the need for collateral.
-
278
Philippines to Introduce Basel III Countercyclical Capital Buffer
Editors, Regulation Asia December 13, 2018The CCyB will initially be set at 0% but is subject to upward adjustment – up to a maximum of 2.5% – when warranted by systemic conditions.
-
250Bursa Malaysia Enhances ETF Framework, Effective in January
Editors, Regulation Asia December 10, 2018“The introduction of innovative ETF products is a welcome development for our ETF market, and should lead to a more vibrant ETF ecosystem," said Bursa Malaysia chief Tajuddin.
