Other Asia Pacific

    BSP to Stimulate SME Lending with New Credit Risk Database

    By Sanday Chongo Kabange | 28/10/2020

    The database will use financial statements and loan default information held by financial institutions to generate credit scores and better estimate default risk.

    Fintech / Regtech

    Cambodia Launches Central Bank Backed Digital Currency

    By Editors | 28/10/2020

    The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient’s phone number.

    Securities / Derivatives

    Dhaka Bourse Trials Pre-Opening, Post-Closing Sessions

    By Duruthu E Chandrasekera | 28/10/2020

    BSEC Executive Director Mohammad Saifur Rahman told Regulation Asia the pre-opening and post-closing sessions will be effective as early as next month.

    ESG / Sustainability

    Due Diligence Questions at the Dawn of the Era of Sustainability

    By ESG Investor | 28/10/2020

    Experts from Refinitiv, Panarchy Partners and Deep Learning Investments respond to audience questions on due diligence challenges following recent webinar.

    Securities / Derivatives

    Thailand Launches Information Platform for Sustainability Bonds

    By Editors | 25/10/2020

    The information platform is based on the Luxembourg Green Exchange, and follows the SEC’s engagement with the Luxembourg bourse earlier this year.

    Fintech / Regtech

    Philippine Privacy Watchdog Warns Against Misusing Borrower Data

    By Sanday Chongo Kabange | 23/10/2020

    Some online lenders are using illegally obtained personal data to shame or harass borrowers when they failed to meet their obligations.

    AML / KYC

    APG Releases First Follow-up Report on Pakistan

    By Editors | 18/10/2020

    The APG says Pakistan has been re-rated from ‘partially compliant’ to ‘compliant’ on Recommendation 29 and has made progress on Recommendation 1.

    Cambodia Set To Launch Covid-19 Credit Guarantee Scheme

    By Sanday Chongo Kabange | 18/10/2020

    A USD 200 million credit guarantee scheme is expected to launch in late October or November, providing a risk-sharing facility for banks to lend to businesses.

    AML / KYC

    Philippines Begins Roll-out of New National ID System

    By Editors | 15/10/2020

    PhilSys will mean wider inclusion in the financial ecosystem for the unbanked, allowing cash aid, credit and other welfare spending to reach them faster.

    Fintech / Regtech

    RegTech Asia 2020: LIBOR Transition Progress

    By Editors | 14/10/2020

    How has LIBOR transition been progressing in Asia Pacific, and how is technology helping to facilitate transition efforts?

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