Indonesia’s Financial Services Authority will soon revise its banking IT systems rules in an attempt to counter rising digital crime on banks.
BIS issues a report describing the rise of regional banking in the Asia Pacific and the risks to financial stability it presents.
Blockchain technology has not only interested the banks but regulators and market participants.
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.