Asia-Pacific

The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.

Stock exchange employees working in Regulatory Affairs departments for more than three years must transfer to other departments immediately.

Trading to be halted if a listed company loses 2% in value. BSEC also urging banks to make fresh investments in the stock market.

Sri Lanka's official exchange rate has been effectively pegged to the USD since April 2021. The IMF called for a return to a market-determined and flexible exchange rate.

Banks and financial institutions will have until the end of this year to improve their systems and policies to ensure compliance with the code.

A committee has been formed to investigate the money laundering allegations against Bangladeshi nationals named in the Panama Papers and Paradise Papers.

Banks that expand priority sector credit and inclusive financing beyond certain thresholds can reduce their statutory reserve requirements.

The mobile app will help promote the growth of trading and liquidity in Cambodia's securities market, said CSX chief Hong Sok Hour.

BSEC is working on the technical aspects of the change, which will likely be implemented in phases, starting with blue-chip stocks.

The public is asked to inform the Foreign Exchange Department of CBSL of any person, institution or any other entity that is engaged in unauthorized FX dealings.