Other Asia Pacific

Big Picture

Publicly Traded Companies Globally Fall Short in Codes of Conduct: Study

By Ranamita Chakraborty | 27/07/2023

LRN’s study on 200 top-traded companies in Asia, Europe and North America found that only 17 percent of them had highly effective codes of conduct.

Sri Lanka Designates Indian Rupee as Permitted Currency

By Duruthu E Chandrasekera | 25/07/2023

Travellers from India will be able to directly use INR in Sri Lanka. Trade settlements between the two countries can also occur in INR.

Capital / Liquidity

Sri Lanka Approves New Central Bank Act

By Duruthu E Chandrasekera | 24/07/2023

A separate governing board will be formed in addition to the monetary policy board to improve bank oversight and reduce conflicts of interest.

Fintech / Regtech

India, Sri Lanka Sign UPI Acceptance Agreement

By Editors | 24/07/2023

India and Sri Lanka signed a network-to-network agreement to enable UPI acceptance in Sri Lanka.

Market Infrastructure

Vietnam Launches New Bond Trading Platform at HNX

By Editors | 20/07/2023

The system will also support businesses in mobilising mid and long-term capital, helping them reduce their dependence on bank credit.

AML / KYC

BSEC Chairman Under Scrutiny for Links to International Fraud

By Manesh Samtani | 17/07/2023

BSEC chairman Shibli Rubayat ul Islam allegedly received $800,000 in payments from accounts linked to a $13mn fraud against Hong Kong-based Ming Global.

Fintech / Regtech

FFC Asia 2023: Professional AI Skills Needed in Financial Crime Fight

By Ranamita Chakraborty | 13/07/2023

Panellists at Regulation Asia’s Fraud and Financial Crime conference stressed the need to up-skill financial sector professionals so they can use AI in fighting financial crime.

Fintech / Regtech

Cambodia Launches Cross-Institutional Payment System for ATM, POS Services

By Editors | 13/07/2023

The Cambodian Shared Switch aims to enhance payment transactions through payment cards in Cambodia.

Fintech / Regtech

Cambodia Partners With UnionPay on QR Code Payments

By Sanday Chongo Kabange | 12/07/2023

KHQR users in Cambodia would be able to directly scan UnionPay QR codes in China within this year.