ADVERTISEMENT
Market Infrastructure
Thailand Proposes Rule Changes to Enable Hong Kong MRF
By Editors | 13/07/2020
The mutual recognition of funds scheme will help promote the competitiveness of Thai fund managers and increase investment options for investors in both markets.
Securities / Derivatives
Philippines Proposes Regulatory Framework for Corporate Debt Funds
By Sanday Chongo Kabange | 13/07/2020
The new closed-end investment vehicle will enable investment in debt paper issued by large and medium-sized corporations, to help avert credit and liquidity crises.
Banks ‘Must’ Pass on Reduce Rates to Borrowers: CBSL
By Duruthu E Chandrasekera | 10/07/2020
Sri Lanka’s central bank has cut interest rates again and is ramping up pressure for banks to reduce the rates they charge borrowers, particularly small businesses.
Enforcement
Indonesia’s Planned Bank Regulation Reshuffle Will Take Time
By Duruthu E Chandrasekera | 08/07/2020
President Joko Widodo’s plan to return bank oversight functions to Bank Indonesia is unlikely to be an immediate fix for the ongoing Covid-19 related challenges.
AML / KYC
Sri Lanka Shortlists Three Firms to Build Shared KYC Facility
By Duruthu E Chandrasekera | 07/07/2020
The three shortlisted firms, including one from Sweden, will begin work on a proof-of-concept, which is expected to be completed in six to nine months.
Fintech / Regtech
BSP Set to Issue Digital Bank Licensing Framework
By Editors | 07/07/2020
Foreign individuals will be allowed to own up to 40% of a digital bank, while qualified foreign banks can own up to 100%.
Capital / Liquidity
BCBS Releases 18th Progress Report on Basel III Adoption
By Editors | 06/07/2020
In Asia Pacific, Hong Kong, Korea and Indonesia have in particular made significant progress towards implementing the Basel III standards.
Securities / Derivatives
Nearly 500,000 Australians Deplete Retirement Savings
By Editors | 05/07/2020
Industry Super Australia estimates that 480,000 Australians have wiped out their superannuation savings through the government’s early release scheme.
Securities / Derivatives
BSP On Course to Issue Central Bank Securities in Q3
By Editors | 05/07/2020
February 2019 amendments to the Central Bank Act restored the BSP’s authority to issue debt paper as part of its regular operations to manage liquidity and monetary policy.
Securities / Derivatives
Sri Lanka Bourse to Introduce Easier Listing Rules from 15 July
By Duruthu E Chandrasekera | 04/07/2020
Requirements on capital, profitability and net assets have been relaxed to pave the way for new listings from start-ups and tech firms.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team