Other Asia Pacific

Fintech / Regtech

Singapore’s 2024 Budget Introduces Reforms to Boost Investment

By Ranamita Chakraborty | 20/02/2024

Singapore’s budget includes a new investment incentive scheme and other measures that will benefit the financial sector.

Capital / Liquidity

Bangladesh Bank Introduces Taka-Dollar Swap System

By Editors | 18/02/2024

The new system is expected to help the central bank rebuild foreign exchange reserves while also easing local currency liquidity stress.

Capital / Liquidity

APAC Regulators to Prioritise Resilience in 2024: Report

By Ranamita Chakraborty | 14/02/2024

Deloitte Regulatory Outlook says financial firms should be proactive in assessing capital adequacy and liquidity.

Fintech / Regtech

ASEAN Ministers Target AI Governance, Data Protection, Scam Prevention

By Ranamita Chakraborty | 05/02/2024

The ASEAN Digital Ministers Meeting launched AI governance and data protection guides with Thailand proposing an anti-online scam working group.

Market Infrastructure

Pakistan Introduces Electronic Platform for Interbank FX Trades

By Editors | 02/02/2024

The platform provides real time price visibility and features a new electronic matching system for interbank FX trades.

Big Picture

Transparency International Releases 2023 Corruption Perceptions Index

By Editors | 01/02/2024

New Zealand and Singapore were the only two APAC countries in the top 10. China and Korea improved their scores over last year.

Sanctions

US Marks 3rd Anniversary of Myanmar Coup With Sanctions

By Editors | 01/02/2024

A holding company and shipping company were targeted for supporting the military regime’s activities against civilians and its arms production.

Crypto / Digital Assets

New Digital Assets Association Launches in Singapore

By Ranamita Chakraborty | 01/02/2024

The association will engage with regulators on behalf of the digital assets community through a regulatory sub-committee.

ESG / Sustainability

IESBA Proposes Ethics Standards to Improve Sustainability Reporting

By Ranamita Chakraborty | 31/01/2024

The global standard-setting board conducted extensive outreach, including roundtables in Singapore and Sydney last year, for the development of new standards.