Other Asia Pacific

ESG / Sustainability

Gprnt, Ant International Partner to Support MSME Sustainability Reporting

By Ranamita Chakraborty | 28/03/2024

The partnership is part of a new industry initiative known as ‘Programme Sirius’, which aims to help MSMEs in their transition towards sustainability.

Capital / Liquidity

APAC Banking Sector Well-prepared for Basel III Adoption: Fitch

By Ranamita Chakraborty | 26/03/2024

APAC banking groups are well-prepared due to prevailing conservative regulatory approaches and less extensive use of internal models within the region.

Fintech / Regtech

Vietnam Central Bank Proposes to Introduce Regulatory Sandbox

By Sanday Chongo Kabange | 22/03/2024

The SBV will develop a fintech regulatory sandbox fintech for innovations relating credit scoring, open API and P2P lending.

Securities / Derivatives

First Commodity Exchange Licence Granted in Bangladesh

By Ajoy K Das | 21/03/2024

Chittagong Stock Exchange will establish Bangladesh’s first commodity exchange, initially offering cash-settled gold, cotton and crude oil derivatives contracts.

ESG / Sustainability

ACMF Progresses Work on Sustainable Capital Markets Roadmap

By Ranamita Chakraborty | 20/03/2024

About 90% of the Roadmap will be complete within this year. A key achievement has been the development of Version 2 of the ASEAN Taxonomy for Sustainable Finance.

Capital / Liquidity

Bangladesh Introduces Strict Measures Targeting Wilful Defaulters

By Ajoy K Das | 14/03/2024

Wilful defaulters will not be allowed to travel, secure trade licences, register companies, or serve as a director of any financial institution.

AML / KYC

Use of AI for AML Could Lower Effectiveness: Report

By Bradley Maclean | 14/03/2024

A new report from NICE Actimize and Regulation Asia sheds light on APAC’s use of technology to fight financial crime.

Bangladesh Bank Sets Rules for Independent Directors of NBFIs

By Ajoy K Das | 13/03/2024

The central bank has set a maximum monthly salary limit and laid down minimum qualifications in terms of age, education, and professional experience.

Capital / Liquidity

Bangladesh to Force At Least 10 Weak Banks into Mergers

By Ajoy K Das | 12/03/2024

Banks are asked to choose which banks they would prefer to merge with and make preparations accordingly.