Other Asia Pacific

Capital Adequacy

Asia-Pacific’s Long March Towards the Basel Endgame

By Blake Evans-Pritchard | 26/04/2024

Those who think we’ve heard the last about the framework’s implementation should think again.

PEPs & Sanctions

Pakistan, Iran Agree to ‘Expeditiously’ Finalise Trade Agreement

By Editors | 25/04/2024

Pakistan and Iran aim to increase bilateral trade, cooperate on energy, and complete a gas pipeline project. The US has warned Pakistan of the risk of sanctions.

PEPs & Sanctions

US Sanctions Four Entities Over Pakistan Missile Inputs

By Editors | 21/04/2024

One Belarus-based and three China-based entities were sanctioned for supplying Pakistan’s ballistic missile programme.

Fraud, Scams & Cybercrime

Vietnam Court Sentences Property Tycoon to Death Over $12b Fraud

By Nithya Subramanian | 12/04/2024

Truong My Lan was found guilty of siphoning money from Saigon Joint Stock Commercial Bank and bribing officials to cover up the fraud.

Fraud, Scams & Cybercrime

AI Deepfakes: An Insidious Threat and Real Challenge for FIs

By Nithya Subramanian | 11/04/2024

As regulators in Asia-Pacific take a range of approaches to tackle deepfakes, the evolving nature of this threat requires continuous vigilance and proactive measures from FIs.

Credit Risk

Bangladesh Bank Tightens Loan Classification Norms

By Ajoy K Das | 10/04/2024

Banks will need to treat loans as non-performing the day after a missed instalment starting from 31 March 2025.

Resolution & Recovery

Bangladesh Bank Issues New Guidelines on Bank Mergers

By Ajoy K Das | 06/04/2024

Bangladesh Bank will offer regulatory relaxations and policy support to banks or NBFIs that merge with weak banks.

Credit Risk

Sri Lanka Directs Banks to Set Up Business Revival Units

By Ajoy K Das | 04/04/2024

Licensed banks are required to establish BRUs by mid-May 2024, and be fully compliant with the new CBSL guidelines by 1 July 2024.

Payments & Settlements

Brunei and Laos Join ASEAN Payment Connectivity Initiative

By Nithya Subramanian | 04/04/2024

The addition of Brunei and Laos brings the ‘Regional Payment Connectivity’ group to a total of eight ASEAN central banks.