Other Asia Pacific

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.

Capital / Liquidity

FRTB in APAC: Challenges, Solutions, and Strategic Implementation 

By Yingqi Zhu | 30/01/2024

Despite its challenges, FRTB presents an opportunity for banks to modernise and for the industry to enhance stability and sophistication, says Yingqi Zhu.

ESG / Sustainability

STACS Joins Malaysia’s SEDG Adopter Programme

By Ranamita Chakraborty | 29/01/2024

Capital Markets Malaysia developed the programme last October to guide local SMEs in disclosing ESG data from their supply chains.

ESG / Sustainability

ADB Advocates Private Sector Involvement in Climate Action Financing

By Ranamita Chakraborty | 24/01/2024

ADB’s Warren Evans emphasises multilateral development banks can’t finance climate action alone, urging the private sector to provide bulk of funding.

Capital / Liquidity

Bangladesh Restricts Onshore Lending to Offshore Banking Units

By Mark Johnston | 23/01/2024

Banks will have to repatriate funds from their offshore units by the end of 2024 and only rely on foreign funding sources for these units moving forward.

Securities / Derivatives

Bangladesh Lifts Floor Price Restrictions on Stocks

By Ajoy K Das | 23/01/2024

BSEC initially set the restrictions to prevent a stock market free-fall, but the move prompted foreign fund managers avoiding the Bangladesh market entirely.

Big Picture

ASIFMA Seeks Regulatory Dialogue on Generative AI

By Ranamita Chakraborty | 22/01/2024

The association urged regulators to endorse GenAI adoption and adopt risk-based frameworks for responsible implementation in financial entities.