Other Asia Pacific

Securities / Derivatives

Vietnam: HoSE Commences Trial Run of New Trading System

By Editors | 10/03/2024

Deployment was initially planned for 2015, but the project has faced delays and setbacks, including the pandemic, extending the rollout to nearly ten years.

Bangladesh Bank Establishes Committee to Vet Bank CEO Nominees

By Ajoy K Das | 07/03/2024

Central bank to approve appointment of CEOs at banks only after receiving positive report from the committee Bangladesh Bank has […]

ESG / Sustainability

Too Much Leeway Offered by Updated ASEAN Taxonomy

By ESG Investor | 07/03/2024

Second version of the voluntary guidance limits utility to investors by allowing companies and countries to “pick and choose”.

AML / KYC

Financial Crime Compliance Costs Grow in APAC: Study

By Nithya Subramanian | 06/03/2024

A study from LexisNexis Risk Solutions finds the higher costs are attributed to technology, labour, and the growing use of crypto and AI tech for illicit activities.

AML / KYC

Vietnam to Develop Legal Framework for Crypto by 2025

By Sanday Chongo Kabange | 05/03/2024

The government has directed the Ministry of Finance to develop a legal framework for banning or regulating virtual assets.

Securities / Derivatives

Cambodia Inaugurates New Securities Investors Association

By Editors | 05/03/2024

The new association will provide training and represent the investors on matters such as legal protection and market development.

Fintech / Regtech

Malaysia, Cambodia Agree to Link Payment Systems

By Editors | 05/03/2024

BNM and NBC agreed to encourage the use of local currency settlement and to link their payment systems to enable cross-border QR payments.

Capital / Liquidity

Bangladesh Bank Relaxes CRR Norms for Offshore Banking

By Ajoy K Das | 05/03/2024

To facilitate foreign trade, offshore banking units will no longer be required to maintain a Cash Reserve Ratio with the central bank.

Bangladesh Launches New System for Reporting FX Transactions

By Ajoy K Das | 04/03/2024

The FX Dashboard removes the need for banks to submit physical documents for forex transactions and will improve central bank monitoring.