While the 40 FATF Recommendations are not legally binding international conventions, Mongolia sees full compliance as validation for its efforts to improve anti-money laundering capabilities.
A recent study assessed the corporate governance practices of Singapore-listed companies, covering board responsibilities, rights of shareholders, engagement of stakeholders, accountability and audit, and disclosure and transparency.
Asia’s rapidly eroding forests are in the limelight following the EU Deforestation Regulation passed in April 2023. How will the regulation affect Asia?
Bangladesh's RTGS system faced technical issues, halting inter-bank transactions. Transactions through the RTGS system resumed the next day.
The circular specifies the obligations of reporting entities, including obligations to report high-value and suspicious transactions.
LRN's study on 200 top-traded companies in Asia, Europe and North America found that only 17 percent of them had highly effective codes of conduct.
Travellers from India will be able to directly use INR in Sri Lanka. Trade settlements between the two countries can also occur in INR.
A separate governing board will be formed in addition to the monetary policy board to improve bank oversight and reduce conflicts of interest.
India and Sri Lanka signed a network-to-network agreement to enable UPI acceptance in Sri Lanka.
The system will also support businesses in mobilising mid and long-term capital, helping them reduce their dependence on bank credit.
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