Other Asia Pacific

    image

    Sri Lanka Issues New Consumer Protection Regulations

    By Duruthu E Chandrasekera | 24/08/2023

    Aggressive sales practices, abusive debt recovery practices, and excessive fees and interest charges are prohibited.

    image

    Enforcement

    BSEC Forms Committee to Investigate Stock Market Rumours

    By Mark Johnston | 24/08/2023

    Recent rumours have involved the removal of the floor price, the resignation of BSEC’s chairman, and institutional investor sell-offs.

    image

    AML / KYC

    China, Thailand, Myanmar, Laos Launch Joint Police Operation

    By Editors | 22/08/2023

    Police from the four countries have launched a special joint operation to crack down on illegal gambling, fraud, human trafficking and other crimes.

    image

    Fintech / Regtech

    Cambodia, Laos Launch Cross-border QR Payment Link

    By Editors | 21/08/2023

    A second phase of the cross-border payments link between Cambodia and Laos is expected to launch in Q4 2023.

    image

    Fintech / Regtech

    Bangladesh Bank Receives 52 Digital Bank Licence Applications

    By Editors | 20/08/2023

    The number of applications substantially exceeds projections by Bangladesh Bank, which initially intends to only grant two or three licences

    image

    AML / KYC

    Bangladesh’s Sonali Bank Freezes Accounts of Myanmar State Banks

    By Editors | 18/08/2023

    The move was made in response to direct requests from US authorities, who sanctioned two of Myanmar’s state-owned banks in June.

    image

    Market Infrastructure

    Bangladesh Defends Against Nationwide Cyber Attacks

    By Mark Johnston | 17/08/2023

    Several warnings were issued in the lead-up to Tuesday’s attacks. 25 public and private institutions are reported to have been breached.

    image

    Securities / Derivatives

    Cambodia, Laos to Collaborate on Securities Market Development

    By Mark Johnston | 15/08/2023

    Cambodia, Laos securities market regulators agree to collaborate to develop the securities markets in their respective countries.

    image

    ESG / Sustainability

    Vietnam to Develop Domestic Carbon Market

    By Ranamita Chakraborty | 15/08/2023

    Vietnam’s Ministry of Natural Resources and Environment is in charge of establishing a national registration system for all businesses and organisations generating carbon credits.

    image

    Sanctions

    Myanmar Allows Thai Baht to be in International Payments

    By Editors | 14/08/2023

    Myanmar’s Military Council has designated the Thai Baht as a currency for both international payments and account clearing.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team