OTHER ASIA PACIFIC

Enforcement

Fractional Real Estate Sales Halted by Vietnam Regulator

By Mark Johnston | 19/06/2024

The SSC has halted fractional real estate sales in Vietnam by a securities firm, citing a lack of specific regulations and investor safety concerns.

AML / KYC

Sri Lanka Sign New MoUs to Help Combat Illicit Finance

By Ajoy K Das | 19/06/2024

Sri Lanka’s FIU signed two new information exchange agreements, one with the bribery commission and the other with its counterpart in Bahrain.

Singapore, Cambodia Launch Financial Transparency Corridor

By Editors | 19/06/2024

The initiative will enable better credit risk assessments by participating FIs in both countries and improve access to financing for SME trade.

Capital / Liquidity

How Asian Regulators Have Been Reflecting on 2023 Bank Failures

By Blake Evans-Pritchard | 18/06/2024

Asian regulators have been looking at whether the kinds of bank failures that occurred last year could also take place in their home markets.

Securities / Derivatives

PASLA to Expand Footprint to Australia, New Zealand

By Editors | 18/06/2024

PASLA will work with the Australian Securities Lending Association to finalise an agreement within Q4 2024.

Securities / Derivatives

Sri Lanka Completes Transition to Shorter Settlement Cycle

By Editors | 13/06/2024

The CSE described the transition from T+3 to T+2 for equity trades as “seamless” and a “significant milestone”.

AML / KYC

GCFFC APAC Chapter Publishes First Financial Scams Report

By Manesh Samtani | 10/06/2024

The GCFFC calls for the establishment of an international task force or body with a clear anti-fraud and scams mandate.

Sanctions

Myanmar NUG Seeks to Recover $1b Frozen at NY Fed

By Editors | 10/06/2024

Myanmar’s National Unity Government is seeking the return of funds that were frozen in the US after the 2021 military coup.

AML / KYC

Vietnam Death Row Tycoon Faces Money Laundering Charges

By Nithya Subramanian | 07/06/2024

Vietnamese police have concluded the second phase of their investigation into Truong My Lan, who was sentenced to death in April.