Asia-Pacific

APAC benchmark administrators hoping to retain or grow their user base in the EU must take action now to gain approval before 2020, say PwC's Gregory Campbell and Daniela Bunea.

The SSC is coordinating with Vietnam's Ministry of Public Securities to ensure violators face criminal charges in addition to the existing administrative sanctioning regime.

The Philippines has changed its rules for calculating bank capital to better reflect asset quality and align with computations used for capital adequacy.

A plan to launch a derivatives market in Myanmar is afoot, but an important step is to put in place an appropriate regulatory regime.

The SET plans to apply for a licence to operate a new digital asset exchange, to be set up in collaboration with its members.

Launched at the Asian Financial Forum in Hong Kong, the new network aims to boost regional collaboration and cross-border innovation.

Listed commercial banks in Vietnam will need to raise an estimated $10bn in capital this year to meet Basel II capital requirements by 1 January 2020.

The SGX and PSE are working on developing new equity index derivatives for listing in the Philippines to offer a more diverse product line to international investors.

New report from GFMA and New Financial offers policy recommendations to support the growth of deeper and more effective capital markets.

Former RCBC bank manager Maia Santos-Deguito faces 49 years imprisonment and fines of up to $110mn for her role in the February 2016 theft of $81mn from Bangladesh’s central bank.