The new platform allows local small investors to subscribe to IPOs online. Previously, they had to file IPO subscription forms at designated mall kiosks.
Japan and the Philippines will explore the establishment of direct yen-peso settlement for trade and investment between the two countries.
Almost three-quarters of Asia Pacific organisations have been victims of financial crime in the past year, according to recently published survey results by Refinitiv.
The move comes just after the central bank allowed banks to exclude investments in non-listed securities from their capital market exposure calculations.
State-owned banks will be allowed to retain dividends or pay them in shares to help them meet Basel II capital adequacy requirements by January 2020.
Revising the listing rules will be a key agenda item at a 1 June meeting between the SEC and SET, as the current rules may be too restrictive for SMEs.
The revised framework lays out criteria for banks to select external auditors as well as key guidelines for auditors in their assessment of banks.
Bank Indonesia’s roadmap for the payments system includes plans for open banking, real-time retail payments and a digital ID system.
Five current and former bank employees have been charged with money laundering in the Philippines in connection with the 2016 Bangladesh Bank heist.
The move follows RRR cuts for large banks, as the BSP looks to mitigate lowering price expectations and inflation.