The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.
JV AMCs can provide banks more flexibility to manage bad debts, while also providing relief to borrowers who are unable to service their debt or face a collateral liquidation threat.
Individuals will have to include profits from cryptocurrency trading as assessable income when filing personal income tax returns.
In the year ahead, TFEX will add more currency pairs to its FX derivatives product line and work to enhance liquidity in main board commodity derivatives.
The 'dStatement' service enables consumers to send their bank statement data directly from one bank to another via their mobile banking apps.
The SEC is consulting on draft rules that will prohibit digital asset businesses from enabling merchants to accept crypto as payment for goods and services.
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.
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