Thailand

The transaction is estimated to reduce UOB's CET1 ratio by 70 basis points to 12.8 percent, which is considered not material and "well within regulatory requirements".

The SET will launch a new exchange for fundraising by SMEs and startups within in Q1, and a new digital asset exchange in Q3.

Trading in Iran-origin goods was carried out without the knowledge of senior management by employees who omitted information from documentation.

A 15% capital gains tax will be applied to investors as well as operators of crypto mining facilities, but not crypto exchanges.

The guidelines were issued by the AIMC to align industry practices on the use of liquidity risk management tools by fund managers.

Three-tiered investment will increase flexibility for asset management companies and enable them to manage their asset allocation more efficiently, the SEC said.

The BOT has relaxed its rules on loan classification and provisioning to enable specialised financial institutions to provide greater long-term support to debtors.

Initially, real-time remittances from Thailand to India will be enabled via DeeMoney, a Thailand-based money transfer operator and partner of IndusInd Bank.

Cross-border instant QR payments are now available for travellers between Malaysia and Thailand, including for online e-commerce transactions.

After discussions with relevant parties and careful consideration, Thailand will proceed slowly, said BOT deputy director Kasidit Tansanguan.