Other Asia Pacific

    Capital Adequacy

    BOT Allows Banks to Pay Dividend for 2020, Subject to Limit

    By Editors | 16/11/2020

    The move follows an order from the BOT for commercial banks to suspend interim dividend payments and share buybacks in June.

    Payments & Settlements

    Sri Lanka to Complete Phase 2 Digitalisation of CSE in December

    By Duruthu E Chandrasekera | 15/11/2020

    Phase 2 will enable digital payments and smart wallets for CDS account holders, among a host of other features that will be made available electronically.

    Credit Risk

    Philippine Senate Passes Bill to Establish ‘Bad Bank’ Framework

    By Editors | 15/11/2020

    The bill was fast-tracked amid fears that loan defaults could burden lenders and hamper their ability to provide credit to businesses and consumers.

    Trading & Investment

    Indonesia Launches Electronic Trading in Bond, Sukuk Markets

    By Editors | 15/11/2020

    The platform was designed by London software firm AxeTrading to accommodate Indonesia’s bond and sukuk markets, and boost liquidity and efficiency.

    Structural Regulation

    SEC Thailand to Cut Redundant Regulations, Red Tape by 2022

    By Editors | 15/11/2020

    The ‘regulatory guillotine’ project will reduce documentary requirements by almost 2 million sheets per year and processing time by about 102,000 hours per year.

    Anti-Money Laundering

    Philippine Authorities Probe Financial Transactions Linked to Wirecard

    By Sanday Chongo Kabange | 11/11/2020

    The National Bureau of Investigation is examining the financial transactions of a law firm office that appears to have provided legal services to Wirecard and Jan Marsalek.

    Structural Regulation

    The AIFMD Review: Potential Impacts for Asia Pacific

    By Arthur Carabia | 10/11/2020

    While some of the proposals could be harmful to market participants, the review presents an opportunity to clarify certain elements of AIFMD, says ICMA’s Arthur Carabia.

    Trading & Investment

    Thailand Makes Stock Trading Fees Tax-deductible Until Year-End

    By Editors | 10/11/2020

    The SEC has notified investors that they can use securities and futures trading fees for tax deductions under a new government scheme.

    Trading & Investment

    Industry Bodies Publish APAC Charter for Indication of Interest Issuers

    By Editors | 08/11/2020

    ASIFMA, Quorum 15, Asia TraderForum, the FIX Trading Community and their members have established a consistent approach for issuing Indications of Interest.

    Trading & Investment

    TFEX to Launch New Silver, Rubber Futures Contracts

    By Sanday Chongo Kabange | 07/11/2020

    A new cash-settled silver futures contract will launch on Monday. A Japanese rubber futures contract will launch by year-end.

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