Asia-Pacific

'OSIDA' leverages data analytics and artificial intelligence to process and analyse large datasets reported by banks to detect risk.

Regulators are calling on market participants to increase the use of IndONIA as an interest rate benchmark in rupiah financial products and instruments.

The bill would allow Bangladesh Bank to remove a bank's owners, directors, executives, and other officials if they are involved in banking fraud.

Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.

The Finance Ministry of and CBSL were responding to rumours of a default by a state bank, which reportedly did not have enough FX to honour a swap with two other banks.

Vietnam's prime minister has asked government ministries and the central bank to develop a legal and regulatory framework for virtual assets and electronic money.

Sri Lanka's banks and the private sector need to be incentivised to make investments in low carbon energy projects, the CBSL said.

To date, only 23 of Indonesia's 82 state-owned enterprises have made public offerings in the capital market.

The BSEC has also given banks a 31 March deadline to deposit unclaimed dividends in the Capital Market Stabilisation Fund, against directions from Bangladesh Bank.

Droit’s Brock Arnason and Craig Butterworth talk to Regulation Asia about how wealth managers are addressing disruption and increasingly complex regulatory requirements in their industry.