The ACCC and Australian police have brought charges against an alleged price-fixing cartel, which is said to have been directed by Vietnam's Sacombank.
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
The Dhaka and Chittagong stock exchanges have asked for tax cuts on dividends, bonds, stock transactions, and their own income, in a bid to catalyse Bangladesh's capital markets.
ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.
Getting buy-in from senior management is one of the biggest hurdles to adopting AI in the fight against financial crime, says Fenergo's Karl Seagrave.
A new simplification programme for opening stock accounts in Indonesia should cut processing times to as little as 30 minutes, from about two weeks previously.
The blockchain powered ID registry will enable electronic KYC and make it easier for clients to access banking services.
Bangladesh's securities regulator is reportedly formulating new rules to facilitate trading of derivatives and sukuk, while it also considers changes to enhance private placement regulations.
The ASEAN Capital Markets Forum has endorsed a roadmap for promoting sustainable investment and launched a framework for cross-border publication of research.
Vietnam’s prime minister has approved a scheme that will force banks to list on a stock exchange by 2020. Banks are currently reluctant to go public due to poor market conditions.