Other Asia Pacific

Fintech / Regtech

BOT Warns Against THB-Denominated Stablecoin

By Sanday Chongo Kabange | 18/03/2021

A stablecoin denominated in Thai baht has been developed overseas. Any activity involving the stablecoin is deemed illegal.

Securities / Derivatives

PSE Proposes Tighter Rules for Listings via Reverse Takeover

By Editors | 17/03/2021

Companies will be required to conduct a public offering of at least 10 percent of their shares within one year from closing a transaction that results in a backdoor listing.

Capital / Liquidity

Thai Banks Announce Lower Dividends Amid Declining Profitability

By Editors | 17/03/2021

The dividend announcements are in line with the central bank’s requirements for banks to limit payouts to 50 percent of 2020 net profit.

Securities / Derivatives

SEC Thailand Introduces New Securities Licence Types

By Editors | 17/03/2021

The two new licences are for firms that serve as intermediaries only for equity instruments, and for firms managing private funds.

Securities / Derivatives

PSE Proposes Alternative Listing Option for Businesses

By Sanday Chongo Kabange | 17/03/2021

The new rule will allow businesses to raise funds on the exchange by listing their preferred shares without listing their common shares.

Securities / Derivatives

ASEAN Capital Markets Forum Endorses Action Plan for 2021-2025

By Editors | 16/03/2021

The action plan focuses on the objectives of fostering growth with sustainability; promoting inclusiveness; and strengthening orderliness and resilience.

Fintech / Regtech

Bangladesh Cabinet Approves Bill on Payments Supervision

By Editors | 13/03/2021

The bill is aimed at providing additional safeguards against fraud, allowing Bangladesh Bank to monitor all electronic payments and penalise violations.

Market Infrastructure

Vietnam Works to Address System Overloads at HoSE

By Sanday Chongo Kabange | 13/03/2021

Industry body VAFI is calling for new management at HoSE. Meanwhile, HNX is setting up a new board to absorb HoSE-listed companies to ease market overload issues.

AML / KYC

Thailand to Launch Standard Form for Capital Market Access

By Editors | 13/03/2021

From 1 July, all intermediaries will use a standard form for account opening, providing investors easier access to stocks, debt instruments, mutual funds and derivatives.