Other Asia Pacific

Market Infrastructure

ASIFMA, Ashurst Issue Report on APAC Readiness for IBOR Transition

By Manesh Samtani | 07/01/2021

Market participants identified a lack of standardisation, harmonisation and consensus between different jurisdictions and asset classes as a key area of concern.

BOT Relaxes Foreign Exchange Rules for Non-resident Firms

By Editors | 07/01/2021

The central bank said the relaxations will allow non-financial companies greater flexibility to manage currency risks and liquidity related to the Thai baht.

Securities / Derivatives

Vietnam to Establish New Entity to Manage HNX, HoSE

By Editors | 05/01/2021

The new Vietnam Stock Exchange will rate as a limited liability company to manage the Hanoi Stock Exchange and Ho Chi Minh City Stock Exchange.

Market Infrastructure

BOT to Issue THOR Linked Floating Rate Notes in March

By Editors | 05/01/2021

The move is aimed at promoting the use of THOR as a new reference rate in derivatives and cash products, the central bank said.

BOT Eases SME Access to Soft Loan Programme Amid Pandemic

By Editors | 04/01/2021

The BOT has adjusted its definition of business groups to provide SMEs easier access to funding and will allow them to apply twice.

Market Infrastructure

BSP Consults on Draft Policies to Strengthen Payment Systems

By Editors | 03/01/2021

The first draft policy covers governance policies for payment system operators. The second covers the local adoption of the PFMI for designated payment systems.

BSP Grants Foreign Banks Relief from Single Borrower’s Limit

By Editors | 02/01/2021

The measure is expected to help boost lending, bolster economic growth and diversify credit exposures, said BSP governor Benjamin Diokno.

Philippines: BSP to Standardise MSME Loan Applications

By Editors | 24/12/2020

A standard business loan application form will simplify and improve the application process, while also facilitating banks’ risk assessments and speeding up turnaround time.

Big Picture

ASIFMA Offers Recommendations to Address ESG Data Challenges

By Editors | 22/12/2020

The report, released by ASIFMA and FOSDA, says the recommendations are critical to supporting and enabling the further development of green and sustainable markets in Asia.