Other Asia Pacific

Reporting & Disclosures

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.

Sustainable Finance

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.

Liquidity Risk

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.

Trading & Investment

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.

AI Risk & Governance

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.

Payments & Settlements

Cambodia Securities Exchange Introduces USD Settlements

By Sanday Chongo Kabange | 22/01/2024

CSX says investors can now trade local currency stocks but settle their transactions in US dollars, which will increase market accessibility.

Climate Risk

HKMA Study Assesses Climate Risks of APAC Investment Funds

By Editors | 21/01/2024

Paper finds that funds with high climate risk exposure can face larger redemption pressures which can translate into financial stability risks.

AI Risk & Governance

WEF Summit: AIGA Calls for Inclusive Access to AI

By Ranamita Chakraborty | 19/01/2024

At the World Economic Forum 2024 summit, AI Governance Alliance urges action on governance gaps for an inclusive future.

Anti-Money Laundering

Cryptos Popular Among Money Launderers in SE Asia: UN Report

By Nithya Subramanian | 18/01/2024

Tether has emerged as a preferred choice for regional cyberfraud operations due to its stability and the ease, anonymity, and low fees of its transactions.