Other Asia Pacific

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.

Capital / Liquidity

Cambodia Issues New Rules on Capital Adequacy, Credit Risk

By Sanday Chongo Kabange | 05/07/2023

The NBC says the new rules will incentivise lenders to release more loans to businesses and ensure finance is available at “reasonable interest rates”.

Sri Lanka Declares 5-Day Bank Holiday to Finalise Debt Restructure

By Duruthu E Chandrasekera | 28/06/2023

The government expects the country’s domestic debt restructuring process gets to conclude during the five-day market closure period.

Fintech / Regtech

New Zealand Updates Expectations on Use of Generative AI

By Editors | 18/06/2023

New Zealand Privacy Commissioner Michael Webster said AI users and developers need to make sure they are compliant with privacy law.

Fintech / Regtech

Bangladesh Bank to Issue Guidelines for Digital Banking

By Mark Johnston | 14/06/2023

The central bank plans to finalise a new licensing framework for digital banks this month, after consulting with stakeholders.