Algorithmic electronic trading strategies in Asia appear to be poised for continued growth; however, more consistent regulatory regimes are required to promote further development of the market.
Malaysian Banks have been told to have a minimum collective assessment (CA) ratio of 1.2% by the end of next year.
Banks in Singapore are to stop setting a reference rate for the Indonesian rupiah after March 27.
Indonesia is considering tax breaks for investors in local corporate bonds to boost capital markets.
Thailand’s stock exchange plans to change its rules to allow foreign companies to list in Bangkok, in a bid to become a regional trading hub challenging Singapore and Hong Kong.
Bursa Malaysia Depository Sdn. Bhd invites comments on a consultation paper seeking feedback on the proposed amendments to the Rules of Bursa Malaysia Depository to close dormant accounts.
The expansion plans of Malaysia-based CIMB Group and Philippines-based BPI (Bank of the Philippine Islands, rated BBB-), and their transition to Basel III, is driving them to raise capital, says Fitch Ratings.
Bank Negara Malaysia consults the financial industry on a new reference rate framework to replace the base lending rate quoted by financial institutions in the pricing of retail loans.