The Securities and Exchange Commission of Pakistan is planning to implement a new inspection regime for stock brokers in October.
Indonesia’s Financial Services Authority will allow foreigners to open dollar savings accounts at local banks in a bid to further improve foreign exchange liquidity in the country.
Indonesia’s government is looking to adopt global standards for the automatic exchange of financial information in 2017, in a bid to address tax revenue issues.
The Central Bank of Myanmar is planning to adopt a real-time gross settlement system for the first time by the end of this year.
Malaysia’s Securities Commission has announced a new initiative aimed at driving interest towards the development of financial technology sector.
Indonesia’s Financial Services Authority has relaxed mark-to-market rules for debt securities held by insurance companies and pension funds in a bid to boost demand for local debt.
The Taiwan Stock Exchange is open to exploring setting up a stock-trading link with Malaysia if Bursa Malaysia is interested.
The Securities and Exchange Commission of the Philippines is seeking leeway from Congress to scrutinise bank records so as to respond promptly when there are cases of securities violation.
The State Bank of Vietnam has issued a circular allowing the Vietnam Asset Management Company to issue a new type of bond to financial institutions selling bad debts.
The Yangon Stock Exchange, Myanmar’s first modern bourse, will begin accepting listing applications in September and open in early December.