Banks are directed to launch digital systems to enable non-resident Bangladeshis to open accounts and invest in the country from overseas.
The CBSL cut the SRR from four percent to two percent to free up liquidity and support an expansion of credit flows to the economy.
UOB will restrict payments to and from Myanmar accounts, card transactions for Myanmar individuals and banks, and close Myanmar banks’ nostro accounts.
The MoU will help Cambodia enhance its non-bank financial services sectors, focusing on knowledge exchange and collaborative development.
The probe will investigate the owner of S Alam Group over an alleged $1bn in investments made offshore without central bank permission.
State Minister for Foreign Affairs Hina Rabbani Khar said the legislation will help to ensure Pakistan remains off the FATF grey list.
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.
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