The SET will look to set up trading links with Cambodia, Laos, Myanmar and Vietnam this year, expecting much of its growth to be driven by offshore-related investment products and IPOs.
BNM has set out its expectations for DFIs' business plans and funding requirements, to enable them to achieve greater developmental outcomes and support the private sector.
The new rules remove stringent tax and minimum public ownership requirements under a 2009 law that prevented the rise of REITs in the Philippine capital market.
Under the new format, listed companies need to disclose deviations in the use of debt issuance proceeds from the objects stated in their offer documents.
At the second meeting of the Banking Sector SME Lending Coordination Mechanism, established in October, banks agreed to a number of additional measures to aid SME borrowers.
Citadel Securities has agreed to pay almost $100mn to settle charges that its algorithmic trading disrupted the market during the 2015 market correction.
Without coordinated action, a new global financial crisis triggered by climate change would render central banks and financial supervisors powerless.
Senior management, including the board, responsible officers and MICs will be held accountable for the overall risk management control of their firms.
The absence of an effective response by Hong Kong's government to address the concerns of the population indicate weaker institutional and governance strength.
Industry veteran Jamie Lloyd Evans discusses the introduction of digital identities in Singapore, and what it could mean for banking.