Other Asia Pacific

Structural Regulation

CPMI-IOSCO Report Shows PFMI Implementation Progress

By Manesh Samtani | 27/07/2018

21 of 28 jurisdictions self-attest to full implementation of PFMI; South Korea’ implementation gap relates to trade repositories, while Indonesia’s relates to clearing and settlement systems.

Capital Adequacy

Vietnamese State-Owned Banks Face Weakening Credit Profiles – Moody’s

By Garima Chitkara | 26/07/2018

Vietnamese state-owned banks are raising external capital at a much slower pace than their privately-owned counterparts, putting pressure on their capital ratios and overall competitiveness, according to a Moody’s report.

Cryptocurrency

Shariah Fintech – A Case Study of Indonesia

By Sharifah Nursyafiqah | 25/07/2018

Better support and regulation for Shariah-compliant fintech will serve to boost the Islamic finance industry, increasing the share of Islamic banks in Indonesia’s financial services sector and ultimately making it more competitive.

Cloud & Infrastructure

Technology and Regulation: Rapidly Reforming the Funds Industry

By Leo Chen | 25/07/2018

The Asian funds industry is undergoing a period of fundamental change and challenge. This is a result of shifting investor demographics, rapid technological development, the emergence of technology firms and tightening regulation.

Cloud & Infrastructure

ASIFMA Publishes Report on Outsourcing Regulation

By Editors | 24/07/2018

The report includes nine proposed leading principles for regulation of outsourcing to help securities, futures and banking intermediaries navigate different regulatory landscapes in Asia-Pacific.

Trading & Investment

Bangladesh to Introduce Alternative Trading Board

By Manesh Samtani | 21/07/2018

Officials say any equity, corporate bond, derivative or open-end mutual fund can be traded on the new platform, with no capital or disclosure requirements.

Custody & Infrastructure

Thailand Explores Blockchain Use for Banking, Bonds Settlement

By Garima Chitkara | 18/07/2018

BOT looking at blockchain applications for document authentication, cross-border payments and regional connectivity; Bond Market Association working to release a bond settlement token.

Capital Adequacy

Sri Lanka Macroprudential Indicators Negative for Banks – Fitch

By Garima Chitkara | 18/07/2018

Sri Lanka’s “weak economic environment” and regulatory reforms may impact banks’ operating environment and credit profiles, says ratings agency Fitch.

Structural Regulation

Indonesia to Release New Fintech Rules in August

By Garima Chitkara | 18/07/2018

Fintech firms will be required to register with the OJK and periodically submit financial reports; new rules will cover P2P lending, insurance technology and equity crowdfunding.