Other Asia Pacific

    Crypto / Digital Assets

    ASEAN Ministers, Central Banks Prioritise Financial Stability, Inclusion

    By Sanday Chongo Kabange | 14/04/2022

    Finance ministers and central bankers have committed to promoting financial stability, financial inclusion and banking integration in the ASEAN region.

    Sri Lanka to Temporarily Stop Servicing Foreign Debt

    By Manesh Samtani | 14/04/2022

    The government is suspending repayment of foreign debt pending the completion of a loan restructuring programme with the IMF.

    Securities / Derivatives

    Indonesia Stock Exchange to Allow Structured Warrant Listings

    By Editors | 13/04/2022

    New regulations allow exchange members to issue structured warrants for listing and trading on the IDX. Structured warrants must have a liquidity provider.

    Capital / Liquidity

    Controls at Vietnam Banks to Be Subject to Independent Audit

    By Editors | 12/04/2022

    Internal control systems at credit institutions and foreign bank branches in Vietnam will be subject to independent auditing, according to a new circular.

    Fintech / Regtech

    Bangladesh Bank Commences Work on Digital Bank Framework

    By Editors | 12/04/2022

    The new regulatory guidelines will require digital banks to hold the same levels of capital as conventional banks.

    Crypto / Digital Assets

    Indonesia to Start Taxing Crypto Investments, Fintech Services in May

    By Editors | 10/04/2022

    Indonesia will charge a capital gains tax and VAT on crypto transactions, as well as interest and fees generated from fintech services, starting on 1 May 2022.

    Central Bank Official Shot as Myanmar Imposes New FX Controls

    By Editors | 10/04/2022

    The shooting came days after an order requiring all foreign currency held in bank accounts to be converted to kyats. New limits are also being imposed on international cards issued by domestic banks.

    AML / KYC

    Myanmar Orders Conversion of All Foreign Currency to Kyat

    By Editors | 07/04/2022

    The order suggests the military government may be struggling to repay debt and purchase key supplies. Fresh sanctions were also recently announced.

    Fintech / Regtech

    OJK Launches New Integrated Data Analytics System

    By Editors | 06/04/2022

    ‘OSIDA’ leverages data analytics and artificial intelligence to process and analyse large datasets reported by banks to detect risk.

    Market Infrastructure

    Indonesia Designates IndONIA as Overnight Rupiah Benchmark

    By Editors | 03/04/2022

    Regulators are calling on market participants to increase the use of IndONIA as an interest rate benchmark in rupiah financial products and instruments.

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