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AML / KYC
APG Issues 2022 Annual Typologies Report
By Manesh Samtani | 18/08/2022
The report calls for a shift towards characterising Illegal fishing as a predicate crime type for money laundering, to trigger a more effective AML/CFT response.
Market Infrastructure
Industry Calls for Reforms to EU Benchmarks Regulation
By Manesh Samtani | 15/08/2022
Many non-EU benchmarks won’t qualify under BMR in time for 31 December 2023, disproportionately impacting Asia exposures.
Capital / Liquidity
Vietnam: SBV to Selectively Grant Credit Quotas to Banks
By Editors | 14/08/2022
Several banks have already exhausted their quotas and are no longer accepting new loan applications. The SBV has so far refrained from granting additional quotas.
Capital / Liquidity
BSEC Secures Pledge from Brokers to Support Stock Market
By Manesh Samtani | 10/08/2022
Merchant bankers also agreed to provide support. Listed companies were asked to form market-making subsidiaries. Bangladesh Bank amended its rules on calculating bank exposure limits.
Bangladesh Seeks IMF Loan, Takes Measures to Boost FX Inflows
By Editors | 03/08/2022
Bangladesh has sufficient FX reserves for over five months of imports, providing some cushion. It has also taken measures to address its falling FX reserves.
ESG / Sustainability
Data with Destiny: Bridging Asia’s ESG Information Gap
By Editors | 02/08/2022
While there has been a surge of data disclosure in Asia, the lack of a unified set of rules across the region opens the door for inconsistencies.
ESG / Sustainability
High Definition: Does Asia Need a Unified ESG Taxonomy?
By Editors | 01/08/2022
As countries move at different speeds towards developing their own standards, is this multiplicity an obstacle to a greener future?
Capital / Liquidity
Bangladesh Bank Relaxes Loan Rescheduling Policy
By Editors | 28/07/2022
Businesses can make a smaller down payment to reschedule their loans. Rescheduling will allowed up to four times, compared to three times previously.
ESG / Sustainability
ESG & the Evolving Demands on Asset Managers and Banks
By Editors | 28/07/2022
Asset managers in Asia could be forgiven for thinking ESG stood for Ever-Shifting Ground.
ESG / Sustainability
Banking on a Sustainable Future
By Editors | 27/07/2022
Organisastions are faced with the challenge of understanding the nuances of regulations and ensuring they have sufficient capacity to apply them in daily business activities.
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