Other Asia Pacific

ESG / Sustainability

IDX, MVGX Partner to Develop Indonesia’s Carbon Market

By Editors | 02/11/2022

Indonesia Stock Exchange and Singapore’s MetaVerse Green Exchange will collaborate to develop a carbon exchange system in Indonesia.

Enforcement

ASIC Issues First Penalty Over Greenwashing Concerns

By Editors | 29/10/2022

ASIC said Tlou Energy made “false or misleading sustainability-related statements” in materials filed with ASX about its energy production.

Securities / Derivatives

PNGX Proposes New Listing Rules for Consultation

By Mark Johnston | 28/10/2022

ASX, NZX, SGX, and SPX issuers would have to comply with only a minimal number of PNGX rules for a dual listing. The proposals also provide a framework for SPAC listings.

Bangladesh Bank Directs Banks, NBFIs to Prepare Citizen’s Charters

By Editors | 25/10/2022

Citizen’s charters should be displayed on the websites of banks and NBFIs, as well as in their head offices and every branch.

Securities / Derivatives

Bangladesh: Slow Start for Govt Bond Trading on Exchanges

By Editors | 24/10/2022

Government bonds can now be traded on Bangladesh’s stock markets, but only very few trades have taken place so far.

AML / KYC

Sri Lanka Will Not Adopt Russia’s Mir Card Scheme

By Editors | 23/10/2022

The CBSL said it is not in a position to consider Russia’s request to operate the Mir card scheme in Sri Lanka, due to US sanctions.

Crypto / Digital Assets

Bangladesh Banks Ordered to Stamp Out Crypto Activity

By Mark Johnston | 21/10/2022

Bangladesh Bank has ordered FIs to enhance their monitoring and report transactions suspected to be linked to crypto assets.

ESG / Sustainability

IDX, Pertamina to Collaborate on Carbon Market Development

By Editors | 21/10/2022

Pertamina, Indonesia’s largest SOE, will help develop the country’s carbon market ecosystem, using infrastructure developed by IDX.

Capital / Liquidity

Sri Lanka to Assess Capital Adequacy of Big Banks

By Editors | 20/10/2022

The study will assess the capital impacts of losses on foreign currency-denominated financial assets and bad debt.