Other Asia Pacific

    Capital / Liquidity

    Capital Deficit May Force Vietnam Majors to Halt Lending: SBV

    By Editors | 06/12/2019

    Vietcombank, BIDV, Vietinbank and Agribank are close to minimum capital adequacy requirements and may be forced to stop lending if they are not allowed to increase capital.

    AML / KYC

    Sri Lanka to Develop Shared KYC Facility Using Blockchain

    By Editors | 06/12/2019

    The CBSL is inviting software development companies to apply (by 31 December) to help in the development of a proof-of-concept of a shared KYC facility.

    Securities / Derivatives

    Bangladesh Regulator Approves Rules for ‘Alternative Trading Board’

    By Editors | 06/12/2019

    The Bangladesh Securities and Exchange Commission has approved a set of rules to enable the trading of non-listed companies on a new ATB board.

    Indonesia Mulls New Singapore-Style Sovereign Wealth Fund

    By Editors | 04/12/2019

    According to reports, the proposal is backed by three ministries and seeks to ensure greater support for local technology startups and overly indebted SMEs.

    Securities / Derivatives

    BSP Relaxes Requirements on Issuance of Debt Instruments

    By Editors | 03/12/2019

    Related companies of issuing banks are allowed to underwrite or arrange LTNCTDs, bonds and commercial papers, subject to certain conditions.

    ESG / Sustainability

    BSP to Phase In ESG-related Regulations for Banks

    By Editors | 28/11/2019

    The first phase will involve high-level principles on ESG integration. The second will provide granular expectations. The third will cover regulatory incentives.

    Capital / Liquidity

    Vietnam Further Restricts Use of Short Term Deposits for Loans

    By Editors | 28/11/2019

    Currently, 60% of medium- and long-term loans can be financed with short term deposits. This ratio reduces to 40% in January.

    AML / KYC

    Myanmar Announces Licensing Framework for Remittance Providers

    By Editors | 26/11/2019

    The move is aimed at providing a cost-effective channel for the legal movement of money into Myanmar and reduce the use of illegal money transfer brokers.

    ESG / Sustainability

    Vietnam Banks to Include ESG Factors in Credit Risk Analysis

    By Editors | 26/11/2019

    The State Bank of Vietnam has directed all Vietnamese banks to include ESG risk assessments in credit risk analysis and establish dedicated ESG analysis units by 2025.

    Fintech / Regtech

    Thailand to Launches DLT Pilot Trading Corporate Bonds

    By Editors | 26/11/2019

    The DLT project was first announced in September, and will first test trading with bonds before expanding to equities, derivatives and investment funds.

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