Other Asia Pacific

Philippine President Selects Budget Secretary as New BSP Chief

By Editors | 05/03/2019

Benjamin Diokno will replace the late Nestor Espenilla as the new central bank chief. Observers had expected one of the three deputy governors to be named.

Capital / Liquidity

Record Number of Bangladesh Banks Face Provisioning Shortfall

By Editors | 04/03/2019

As a result of non-performing loans in the banking sector and excessive lending in violation of banking regulations, 15 banks in Bangladesh are facing provisioning shortfalls.

Market Infrastructure

Thailand Moves to Transaction-based Calculation for THBFIX

By Editors | 04/03/2019

The “more credible” transactions-based approach will improve transparency and reduce risks of manipulation, and is in line with the IOSCO Principles for Financial Benchmarks, the BOT said.

Big Picture

S&P Upgrades Philippine Banking System Following New BSP Charter

By Editors | 04/03/2019

The new charter bolsters the BSP’s powers to exercise its core mandate of promoting a sound financial system and address risks arising from the financial system’s interconnectedness.

Crypto / Digital Assets

Thailand to Allow Scripless Issuance, Tokenisation of Securities

By Editors | 26/02/2019

The National Legislative Assembly has endorsed an amendment that will enable the scripless issuance and tokenisation of primary market securities, as early as this year.

Philippine President to Select New BSP Chief

By Editors | 26/02/2019

Seen as a champion for banking reform and financial inclusion, BSP governor Nestor Espenilla passed away on Saturday after just 18 months on the job.

AML / KYC

FATF Commends China, Sri Lanka; Watchlists Cambodia

By Manesh Samtani | 26/02/2019

The Financial Action Task Force has marked the end of its fourth round of mutual evaluations with an announcement of its latest plenary session last week.

Securities / Derivatives

Indonesia Unveils New Rules to Boost Capital Market Activity

By Editors | 26/02/2019

Indonesia’s stock exchange plans to encourage retail investment in the stock market by lowering the minimum price floor and order lot size, among other measures.

Capital / Liquidity

Sri Lanka Cuts Bank Reserve Requirements

By Editors | 26/02/2019

To boost credit growth, the Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks from 6 to 5 percent, starting in March.