ADVERTISEMENT
ESG / Sustainability
Sri Lanka SEC, CSE Sign MOU with Accounting Body on ESG
By Duruthu E Chandrasekera | 08/09/2022
MOUs with CFA Society and CA Sri Lanka were signed as a prelude to the establishment of an ESG index by the CSE.
ESG / Sustainability
Climate-focused PE Body Launches APAC Chapter
By ESG Investor | 08/09/2022
Expansion aims to support private markets efforts to reduce GHG emissions and speed-up net zero transition.
Sri Lanka to Face Challenges Implementing IMF Conditions
By Duruthu E Chandrasekera | 07/09/2022
Economists say the package will not be a panacea for Sri Lanka’s problems, with the economy already shrinking due to policies recommended by the IMF.
Market Infrastructure
Bangladesh Bank to Enable FX Clearing via RTGS System
By Editors | 01/09/2022
Banks can clear USD, GBP, EUR, CAD and JPY through the RTGS system starting from 4 September. CNY clearing will be allowed “soon”.
Bangladesh NBFIs to Require Approval for All Director Appointments
By Editors | 31/08/2022
The move is aimed at strengthening corporate governance, following a string of frauds and loan scandals in the NBFI sector.
Securities / Derivatives
Sri Lanka Launches Third Phase of Capital Market Digitisation
By Duruthu E Chandrasekera | 30/08/2022
SEC chairman Viraj Dayaratna said the CSE will introduce new products, including paper gold, SPACs, Islamic products, structured warrants and green bonds.
Fintech / Regtech
Indonesia, Singapore Commence Work on QR Payment Link
By Manesh Samtani | 29/08/2022
Bank Indonesia also launched the “international QRIS”, initially connecting to Thailand’s payment system, and have a retail CBDC in the works.
Enforcement
Myanmar Warns Against Illegal Foreign Exchange Trading
By Mark Johnston | 29/08/2022
The central bank warned that serious action will be taken against online businesses that are found to be illegally buying and selling foreign currencies.
Enforcement
Bangladesh Bank Intensifies Crackdown on Illegal FX Transactions
By Mark Johnston | 29/08/2022
Dozens of money changers are being investigated for money laundering. Several banks are accused of making “excessive” profits from dollar sales.
Big Picture
Addressing Fraud Risk Requires Multi-Pronged Approach – Report
By Editors | 29/08/2022
NICE Actimize and Regulation Asia have published a new white paper exploring the banking industry’s response to fraud and online scams in APAC.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.