Vietnam’s State Securities Commission has issued a circular to guide the implementation of a new law raising the foreign ownership limit (FOL) in public companies to 100 percent.
Government officials have ordered the State Bank of Pakistan to stop commercial banks from misusing the term ‘politically exposed persons’ (PEPs) to deny financial services to citizens.
Officials at the State Bank of Vietnam have dismissed rumours that the chairman of top lender Eximbank had been arrested.
Indonesia’s Financial Services Authority says it will announce the country’s domestic systematically important banks after the new law on the Financial System Safety Net is passed.
Indonesia’s constitutional court has rejected a judicial review filed by a group challenging the legal basis for the establishment of the Financial Services Authority (OJK), saying that the regulator did not violate the 1945 Constitution.
The State Bank of Pakistan has designed a regulatory framework for identifying and overseeing the nation’s Domestic Systemically Important Banks, as part of its commitment to ensure stability of financial system and further strengthen the supervisory and regulatory regime.
The State Bank of Vietnam has issued new rules on debt trading which is expected to encourage foreign investors to buy non-performing loans from local financial institutions.
The International Organization of Securities Commissions has published a review of Pakistan’s implementation of IOSCO Principles, noting that its regulatory framework has undergone significant improvement in the structure and practice of regulation.
The Bangladesh Securities and Exchange Commission is considering launching an ETF under existing rules for collective investment schemes.
The Bangladesh Securities and Exchange Commission is drafting rules to establish a Clearing Corporation to perform clearing and settlement activities of the capital market.