OTHER ASIA PACIFIC

Crypto / Digital Assets

Malaysia Budget 2019 Targets Tech in Capital Market Measures

By Editors | 05/11/2018

Measures include new regulatory framework for cryptocurrencies, and a new fund to be invested via ECF and P2P platforms alongside private investors, among others.

AML / KYC

Malaysia has ‘Robust’ AML/CFT Framework – APG-FATF

By Editors | 01/11/2018

More actions needed to further strengthen the framework, including a greater focus on terrorist financing risk from the private sector and foreign source threats.

Market Infrastructure

Singapore Leads Asia Pacific in Open Banking Readiness

By Manesh Samtani | 01/11/2018

In APAC, Singapore is the most prepared for open banking, followed by Australia and Hong Kong, according to Finastra’s ‘Open Banking Readiness Index’.

Big Picture

Asia Struggles to Meet 2020 EU Benchmarks Regulation Deadline

By Editors | 31/10/2018

A number of non-EU benchmark administrators may fail to obtain BMR registration by January 2020, according to a new report from ASIFMA and Herbert Smith Freehills.

Capital / Liquidity

Malaysia Pushes NSFR Implementation to 2020

By Garima Chitkara | 26/10/2018

Bank Negara Malaysia intends to conduct further on-site assessments to ensure robustness in liquidity and funding at banks.

Market Infrastructure

SWIFT gpi Instant Cross-Border Payments Trial Hailed a Success

By Manesh Samtani | 22/10/2018

All payments during the trial were processed end-to-end within 60 seconds, demonstrating the service’s capabilities to scale and integrate with other real-time payment systems.

Capital / Liquidity

IFRS 9 Does Not Materially Affect APAC Banks’ Fundamentals – Moody’s

By Manesh Samtani | 16/10/2018

Moody’s says problem loan coverage has improved for many APAC banks, offsetting overall declines in CET1 ratios as a result of IFRS 9.

Market Infrastructure

ACMF Launches Social and Sustainability Bond Standards for ASEAN

By Editors | 16/10/2018

The new standards complement the ASEAN Green Bond Standards introduced last year. A new framework also announced will facilitate cross-border movement of investment advisers.

Fintech / Regtech

Singapore, Indonesia Agree to Cooperate on Fintech

By Editors | 15/10/2018

The MOU will facilitate information sharing, promote joint innovation projects and establish a framework to help fintech firms better understand each market.