Payments & Settlements

Anti-Money Laundering

Vietnam, Laos, Cambodia to Extend Joint Supervision

By Samuel Riding | 22/02/2017

Trio to cooperate on bank inspections, AML and personnel training.

Credit Risk

Singapore to Relax Finance Firm Rules

By Samuel Riding | 14/02/2017

New rules include raising loan limit to 25% of capital funds.

Cybersecurity

Indonesia Surfs Fintech Wave to Financial Inclusion

By Samuel Riding | 09/02/2017

How OJK is backing technology to form entirely new financial ecosystems.

Payments & Settlements

RBI Deregulates Transaction Charges

By Samuel Riding | 06/02/2017

Move a part of the government efforts to promote cashless commerce.

Structural Regulation

Indonesian State Lender to Set-up Malaysian Subsidiary

By Samuel Riding | 03/02/2017

Move aims to strengthen presence in neighboring country following BNM, OJK deal last year.

Capital Adequacy

India to Provide $1.5bn to Recapitalise Banks

By Samuel Riding | 02/02/2017

2017/18 budget also includes measures to ease NPAs, FPI access.

Payments & Settlements

RBI Said to Lift Cash Withdrawal Limits by End-Feb

By Samuel Riding | 27/01/2017

Report suggests 78-88% of currency supply will be back in the system within 2 months.

Custody & Infrastructure

India’s Top Banks Eye Blockchain Trade Finance Platform

By Samuel Riding | 27/01/2017

Transaction documents kept on blockchain, reducing need for bank-to-bank reconciliation.

KYC & CDD

Philippine Authorises ‘Cash Agents’ in Financial Inclusion Drive

By Samuel Riding | 20/01/2017

Banks will be allowed to use off-site agents, including at convenience stores, to provide withdrawals, conduct KYC.