Other Asia Pacific

AML / KYC

Bangladesh Banks Under Scrutiny for Alleged Loan Scams

By Editors | 22/12/2022

Bangladesh Bank directed five banks to submit daily reports on loan disbursements. Two of the banks have observers appointed to monitor operations.

Securities / Derivatives

Vietnam Proposes Measures to Boost Corporate Bond Market

By Editors | 22/12/2022

The Ministry of Finance has proposed to defer a professional-investor-only requirement, and delay a requirement for large issuers to have a credit rating.

Crypto / Digital Assets

Indonesian Lawmakers Pass Major Financial Sector Reforms

By Editors | 20/12/2022

The legislation changes the central bank’s mandate, shifts crypto sector oversight to OJK, makes a digital rupiah legal tender, and introduces a carbon trading framework.

ESG / Sustainability

Bangladesh Launches New Refinance Scheme for Green Industrialisation

By Editors | 19/12/2022

Banks can borrow at 1% and on-lend the funds at 5%, to help borrowers finance new capital machinery and other equipment required for green industrialisation.

ESG / Sustainability

GFANZ Pledges Support for Vietnam Just Energy Transition

By Mark Johnston | 15/12/2022

Vietnam is the third country to launch a JETP, after South Africa at COP26 and Indonesia at last month’s G20 Leaders’ summit.

Securities / Derivatives

Industry Ranks Singapore Top APAC Market to Operate In

By Editors | 11/12/2022

In an ASIFMA survey, capital market participants ranked Singapore as the top market for its political environment and predictable and transparent regulatory policy.

Big Picture

Asian Investors Raise the Bar on Gender Diversity: ASIFMA

By ESG Investor | 06/12/2022

ASIFMA has published guidance on investors’ expectations on gender diversity to support understanding, engagement and disclosures among issuers.

Crypto / Digital Assets

Bank Indonesia Outlines Plans to Commence CBDC Testing

By Editors | 05/12/2022

The first two phases will focus on experimentation with a wholesale CBDC. The third and final stage will involve end-to-end integration with a retail CBDC.

Capital / Liquidity

CBSL Issues Fresh Instruction on Consolidated SLAR Reporting

By Duruthu E Chandrasekera | 28/11/2022

The CBSL is working to address a local currency liquidity deficit in the banking system. Banks can continue to hold 90% NSFR until year-end.