Effective 1 June, Malaysian banks will impose a zero percent GST on all banking products and services, previously subject to 6% GST.
Vietnam to phase in IFRS standards starting this year until 2020 through the adoption of ten to twenty standards deemed appropriate for implementation.
The code aims to instil core minimum standards of conduct, enhance confidence, promote sustainability across financial sector by promoting strong culture of professionalism.
BNM has operationalised segregated securities accounts for resident and non-resident investors in RENTAS debt securities using LEIs to identify transacting parties.
Regulation Asia sat down with Sagar Sarbhai, Head of Government and Regulatory Relations for APAC and the Middle East at Ripple, to discuss the company’s business proposition and the regulatory challenges it faces across the region.
Blockchain technology is ushering in a new epoch of monetary oversight, creating opportunities and challenges for regulators in a world disrupted by the advent of cryptocurrencies.
Ex head of equity markets at Malaysia’s largest bank also fined $250,000 for offences which occurred more than 10 years ago.
Statement says deal on trade in services close to agreement, ASEAN members to also update wider agreement on cross-border services this year.
Unit holder protections, corporate governance, disclosure quality to be enhanced; applicable to REITs, ETFs, closed-end funds.
Unauthorised transactions were prevented by central bank, no financial losses occurred; near breach prompts increased vigilance in the Philippines.