OTHER ASIA PACIFIC

AML / KYC

Indonesia Simplifies Stock Account Opening Process

By Editors | 01/04/2019

A new simplification programme for opening stock accounts in Indonesia should cut processing times to as little as 30 minutes, from about two weeks previously.

AML / KYC

Philippines to Launch Digital Banking ID Registry This Year

By Editors | 31/03/2019

The blockchain powered ID registry will enable electronic KYC and make it easier for clients to access banking services.

Securities / Derivatives

Bangladesh Looks to Boost Capital Markets with Derivatives, Sukuk Trading

By Editors | 26/03/2019

Bangladesh’s securities regulator is reportedly formulating new rules to facilitate trading of derivatives and sukuk, while it also considers changes to enhance private placement regulations.

Securities / Derivatives

ACMF Advances Efforts on Sustainable Finance, Regional Connectivity

By Editors | 20/03/2019

The ASEAN Capital Markets Forum has endorsed a roadmap for promoting sustainable investment and launched a framework for cross-border publication of research.

Vietnam Ups Pressure on Banks to List Before 2020

By Editors | 19/03/2019

Vietnam’s prime minister has approved a scheme that will force banks to list on a stock exchange by 2020. Banks are currently reluctant to go public due to poor market conditions.

Market Infrastructure

Brunei Earmarks $300mn for Proposed Stock Exchange

By Editors | 19/03/2019

Brunei’s government has agreed on a budget of more than $300mn to establish the country’s first stock exchange in the next few years.

Crypto / Digital Assets

Philippines Fintech Push Makes it a Compelling Market to Watch

By Philip Keller | 19/03/2019

Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.

Market Infrastructure

Philippines’ RCBC Sues Bangladesh Bank for Defamation

By Editors | 15/03/2019

In the latest twist in the Bangladesh Bank cyber heist saga, Philippine lender Rizal Commercial Banking Corp has filed a defamation suit against Bangladesh’s central bank.

Crypto / Digital Assets

Stock Exchange of Thailand to Launch Digital Asset Platform by 2020

By Editors | 15/03/2019

The SET says it will build a comprehensive digital asset ecosystem around the new platform as part of its digitalisation strategy, as the country approves its first ‘ICO portal’.