Other Asia Pacific

Crypto / Digital Assets

Regulation Asia Awards for Excellence 2018 – Results Announcement

By Editors | 16/11/2018

Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.

Securities / Derivatives

Philippines Enhances Fair Value Pricing of Financial Instruments

By Editors | 16/11/2018

The new guidelines tweak rules on marking to market to align with international standards, promote transparency and confidence in the markets, and encourage active market trading.

Market Infrastructure

Myanmar Allows Local Lending by Foreign Bank Branches

By Editors | 13/11/2018

To date, the 13 foreign banks with branches in Myanmar have only been allowed to lend to foreign entities in the country, and only in foreign currencies.

Market Infrastructure

Asia Region Funds Passport: What You Need to Know

By Leo Chen | 12/11/2018

Technology will be critical to address inconsistencies in processes, practices and standards across ARFP-participating jurisdictions, says Calastone’s Leo Chen.

AML / KYC

US Prosecutors Charge Goldman Bankers Over 1MDB Scandal

By Garima Chitkara | 07/11/2018

Malaysian politician Anwar Ibrahim told Bloomberg it would be “inexecusable” if the bank was itself found complicit in money laundering and bribery related to the state development fund.

Crypto / Digital Assets

Thailand to Combat Tax Evasion with Blockchain, Machine Learning

By Editors | 07/11/2018

Thailand will use blockchain and machine learning to crack down on tax evasion, according to director-general of the tax department, Ekniti Nitithanprapas.

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’.