Other Asia Pacific

Crypto / Digital Assets

Thailand SEC Sets Out Three Year Strategic Plan for Capital Market

By Editors | 28/02/2020

The strategic plan includes greater integration of ESG factors in the market, enhancing SME and startup access to capital, promoting the use of digital and e-KYC technologies, among others.

Market Infrastructure

Indonesia CSD Goes Live with Nasdaq Technology

By Editors | 28/02/2020

The new CSD platform operates at a rate 40 times faster than the previous system, with the ability to manage up to 80,000 settlement instructions per minute.

Capital / Liquidity

BSP Approves ‘Enhanced’ Capital Requirements for Smaller Banks

By Editors | 27/02/2020

The higher capital standards for stand-alone thrifts, rural and cooperative banks include a 6% minimum CET1 ratio, a 7.5% Tier 1 ratio, and a 2.5% capital conservation buffer.

Market Infrastructure

Central Bank to Discontinue Sri Lanka Inter-Bank Offered Rate

By Editors | 27/02/2020

This decision reflects the lack of SLIBOR’s usage of in benchmarking loan products in the domestic financial market, along with a global trend of phasing out IBORs.

Bangladesh Bank Caps Lending Rate at 9pc, Effective in April

By Editors | 26/02/2020

Bangladesh Bank has instructed banks to set a maximum 9 percent interest rate on all loan products except credit cards by 1 April.

Market Infrastructure

Myanmar Credit Bureau to Commence Operations in April

By Editors | 26/02/2020

It will take up to one year for the credit bureau to collect sufficient and meaningful credit data on local businesses before it will be provided to lenders.

Securities / Derivatives

Myanmar to Open Stock Market to Resident Foreigners in March

By Editors | 21/02/2020

Allowing foreigners to buy stocks is one of the ways Myanmar hopes to bolster its moribund stock market, which after four years still has only five stocks.

Capital / Liquidity

Basel IV to Impact APAC Banks Unevenly: Moody’s

By Editors | 20/02/2020

‘Basel IV’ will narrow the gap between the internal ratings based approach and the standardised approach for calculating risk-weighted assets.

Fintech / Regtech

Thailand, Cambodia Launch Cross-Border QR Payments

By Editors | 20/02/2020

New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.