Firms adopting blockchain technology could struggle to comply with the EU's incoming GDPR rules.
Individuals with assets between THB50-100mn can invest overseas up to THB1mn per year; securities and derivatives intermediaries set to participate.
New rules, expected by year end, aimed at investor protection as Philippines investigates unlicensed ICO issuers.
New prudential tool to help stem losses from excessive credit growth; framework to be issued for consultation in first half of the year.
The digital currency’s value will be based on the existing currency system, backed by “real assets” and will take into account the inflation rate.
State bank lowers CAR to 8 percent as analysts and bank executives start to worry about capital adequacy under Basel norms.
New market conduct rules to be implemented over next few weeks; Violators can be barred from operating or fined up to 1mn baht per day.
Central bank warning comes as prime minister asks for increased inspection and supervision over banks.
Firms in the region either embrace, endure or avoid MiFID II’s LEI requirement, but must accept that it’s not just regulations from the US which now have a profound extraterritorial impact.
BSP has begun reporting international banking statistics from January 2018, having met BIS standards for completeness and quality.