Other Asia Pacific

Big Picture

Talking Crypto Regulation with Ripple’s Sagar Sarbhai

By Manesh Samtani | 22/05/2018

Regulation Asia sat down with Sagar Sarbhai, Head of Government and Regulatory Relations for APAC and the Middle East at Ripple, to discuss the company’s business proposition and the regulatory challenges it faces across the region.

Fintech / Regtech

Indonesia to Tighten Rules on Fintech Lenders

By Karen Chiu | 19/05/2018

Fintech lenders will be compelled to be registered with OJK; unregistered firms will be unable to tap financial markets or raise funds from banks.

Market Infrastructure

UPDATED – Myanmar Approves Formation of First Credit Bureau

By Editors | 18/05/2018

Joint venture between banks association and Singapore-based ACB Holdings to establish credit bureau will enable banks to better assess loan risks.

Crypto / Digital Assets

Thailand ‘Digital Asset’ Decree Takes Effect

By JP Reimann | 17/05/2018

Cryptocurrencies now defined as digital assets, granting the SEC powers to regulate; exchanges have 90 days to register with SEC.

Fintech / Regtech

Philippine Central Bank Establishes Fintech Regulatory Unit

By Garima Chitkara | 14/05/2018

New unit established under financial supervision section as part of an organisational restructuring at the central bank.

AML / KYC

FSB Asia Members Consider Financial System Vulnerabilities

By JP Reimann | 13/05/2018

Members discussed bank resolution regimes, the use of tech to mitigate AML/CTF risk, governance frameworks to reduce misconduct.

Market Infrastructure

China Bourses to Acquire 25pc of Dhaka Stock Exchange

By Manesh Samtani | 09/05/2018

Shanghai, Shenzhen exchanges will assist the DSE with trading technology, market cultivation, and product development as part of the USD111.6 million deal.

Capital / Liquidity

Philippines to Implement New Credit Card Law

By Garima Chitkara | 07/05/2018

New law aims to increase competition by allowing non-bank entities to enter credit card business; includes greater safeguards for borrowers related to calculation of charges, unfair collection practices, and the use of customer data.

Securities / Derivatives

Indonesia Scraps Margin Call Requirement for Options

By Editors | 04/05/2018

OJK amended rules for trading in options, doing away with the 10% margin call requirement. The move is expected to stop the flow of options trading to other markets that don’t have the requirement.