Indonesia’s stock exchange plans to encourage retail investment in the stock market by lowering the minimum price floor and order lot size, among other measures.
To boost credit growth, the Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks from 6 to 5 percent, starting in March.
The move is in line with BSP's reform agenda to promote digital innovation and increase availability of safer and more efficient channels for financial services.
The central bank proposes to halve reserve requirements for banks that assist it in restructuring ailing credit institutions.
Bangladesh’s decision to approve three new banks has drawn criticism, given the rising nonperforming loans and declining governance standards in the banking sector.
A former Bangladesh Bank assistant director was fined and sentenced to 10 years in jail for misappropriating $61,700 more than 20 years ago.
Amendments to the BSP’s charter will boost its capitalisation and extend its supervisory remit to all financial institutions in the country.
Crypto asset traders and exchanges in Indonesia say the high capital requirements for participating in crypto futures will hinder the development of the sector.
Data privacy, conduct & culture, cybersecurity and AML will be in focus in APAC for the next three years, according to a new report from Fenergo.
Firms in Asia need to start preparing for the impacts SFTR will have on the way they manage their information flow when working with European counterparties, says DTCC's Oliver Williams.