Other Asia Pacific

Fintech / Regtech

SWIFT Trials Instant Cross-Border Payments Service in Asia Pacific

By Garima Chitkara | 27/08/2018

SWIFT is set to trial its gpi payments service using Australia’s New Payments Platform, together with banks from China, Singapore and Thailand.

Fintech / Regtech

Thailand Central Bank Digital Currency Prototype Slated for Q1 2019

By Editors | 22/08/2018

Bank of Thailand will work with 8 participating banks to design, develop and test domestic wholesale funds transfers using a central bank digital currency.

Fintech / Regtech

Cambodia Launches Fintech Association

By Editors | 21/08/2018

New body will connect Cambodia with overseas fintech associations and has already signed agreements with associations in Thailand, Singapore and Taiwan.

Crypto / Digital Assets

Thailand Green Lights Seven Crypto Operators

By Editors | 21/08/2018

Crypto businesses were in May given 90 days to register with the SEC if they wished to carry on their business.

Capital / Liquidity

Moody’s Upgrades 14 Vietnamese Banks Following Sovereign Ratings Upgrade

By Editors | 20/08/2018

Three state-run banks were among those that received local and foreign currency ratings upgrades following a notch up in Vietnam’s sovereign rating earlier this year.

Capital / Liquidity

Vietnam to Restrict Licences for Foreign Banks

By Garima Chitkara | 16/08/2018

Vietnam is looking to potentially stop issuing licenses to foreign banks even as the State Bank of Vietnam is proposing to ease requirements for the establishment of domestic banks.

Securities / Derivatives

Philippines Eases Bond Issuance Rules for Banks

By Manesh Samtani | 15/08/2018

BSP circular says banks do not need prior approval of central bank to issue bonds and commercial papers and sets out eligibility criteria for issuers.

Fintech / Regtech

Data Challenges Continue as Top Regulatory Concern in APAC – AxiomSL

By Manesh Samtani | 14/08/2018

Risk and regulatory executives surveyed have identified data challenges, regulatory change and compliance resources as top pain points in financial services sector.

Capital / Liquidity

Moody’s Sees Stable Outlook for Indonesia’s Banks in 2018-19

By Garima Chitkara | 13/08/2018

The rating agency has changed its outlook for Indonesia’s banking system to stable for positive on the back of strong operating environment, capitalisation and liquidity levels.