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Capital / Liquidity
UBS Closes Credit Suisse Deal, Imposes ‘Red Lines’ on Bankers
By Manesh Samtani | 13/06/2023
FINMA said its intensive supervision will “definitely continue”. MAS said it expects both banks to handle the implications for jobs “responsibly”.

Big Picture
Critical Sustainability Reporting Gaps Remain for APAC Firms: Study
By Ranamita Chakraborty | 11/06/2023
A study by PwC Singapore and NUS Business School found that only 51 percent of the top listed companies in 14 APAC markets disclose net-zero targets.

Fintech / Regtech
Cambodia, Thailand Launch Second Phase of QR Payments Link.
By Editors | 07/06/2023
Thais visiting Cambodia can use their mobile banking apps to make cashless payments by scanning KHQR codes displayed by merchants.

Market Infrastructure
Sri Lanka, Nepal to Link Payment Networks LankaPay and Fonepay
By Sanday Chongo Kabange | 06/06/2023
The payment link will enable Sri Lankan and Nepali citizens to make merchant payments in each other’s country using a mobile-based QR code.

ESG / Sustainability
GFANZ Putting Pressure on APAC Oil and Gas Sector
By ESG Investor | 02/06/2023
New report from IEEFA says APAC’s oil and gas sector will increasingly struggle to secure fundraising from GFANZ member institutions.

Capital / Liquidity
CBSL Starts Policy Easing Cycle to Revamp Economy
By Duruthu E Chandrasekera | 02/06/2023
The CBSL has lowered interest rates by 2.5 percent in a bid to restart credit flows and boost growth in the real economy.

Fintech / Regtech
Cambodia’s Sathapana Bank Signs Up For AI Platform
By Karen Ng | 29/05/2023
Artificial intelligence is being used by banks to assess the credit risk of borrowers.

Capital / Liquidity
Regulatory Uncertainty a Key FRTB Implementation Challenge
By Manesh Samtani | 25/05/2023
Persistent regulatory timeline uncertainty is a primary implementation challenge of FRTB in APAC, Murex found in a survey of banks.

Capital / Liquidity
ASEAN+3 Ministers Work to Bolster Regional Safety Net
By Editors | 04/05/2023
CMIM guidelines were updated to allow members to provide liquidity support in their own domestic currency and the local currencies of other members.

ESG / Sustainability
ADB Unveils Climate Change Financing Programme
By ESG Investor | 04/05/2023
The programme targets the creation of $15bn in new loans for “much-needed” climate projects in the APAC region.
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