Other Asia Pacific

    Securities / Derivatives

    BSEC to Form Market Stabilisation Fund with Unclaimed Dividends

    By Editors | 14/01/2021

    Listed companies in Bangladesh have unclaimed cash and stock dividends worth about $2.5bn, which will be used to support the capital market.

    Market Infrastructure

    BSP Deploys New Supervisory Assessment Framework

    By Editors | 12/01/2021

    SAFr aims to facilitate forward-looking assessments of financial institutions and link their systemic importance and risk profile to the level of supervisory attention they receive.

    Market Infrastructure

    Myanmar Launches First Credit Bureau Following Soft Launch

    By Editors | 08/01/2021

    The bureau is a joint venture between MB Investment, a company formed by Myanmar banks, and a subsidiary of Singapore-listed Credit Bureau Asia.

    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.

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