ADVERTISEMENT
Crypto / Digital Assets
Asia’s Payments Landscape Shines at Singapore Fintech Festival
By Mark Johnston | 16/11/2021
The Asian fintech scene witnessed a raft of new announcements at this year’s Singapore Fintech Festival held from 8-12 November 2021.
Market Infrastructure
BSP Pursues Cross Border Payment Links with Malaysia, Thailand
By Editors | 16/11/2021
The BSP has been in dialogue with ASEAN central banks including MAS, BNM and BOT to make cross-border payment flows cheaper and more seamless.
Capital / Liquidity
Thailand Relaxes Policy on Bank Dividend Payments
By Pongnut Thanaboonchai | 16/11/2021
Banks will no longer be required to cap their dividends at the previous year’s payout ratio. However, they will still have a limit set at 50 percent of 2021 net profit.
AML / KYC
US Treasury Sanctions Cambodian Officials for Corruption
By Ranamita Chakraborty | 13/11/2021
Businesses in Cambodia are warned to “be mindful of interactions with entities in corrupt business practices, criminal activities and human rights abuses”.
Fintech / Regtech
Sri Lanka Rolls Out National QR Payments Solution
By Ranamita Chakraborty | 13/11/2021
LANKAQR targets SMEs and customers will not be charged for payments made by scanning a QR code with their mobile device.
Fintech / Regtech
Indonesia Religious Council Declares Crypto Assets Forbidden
By Editors | 12/11/2021
Crypto assets as a currency are considered haram, or banned, for Muslims, according to Indonesia’s National Ulema Council.
AML / KYC
APG Re-rates Sri Lanka on One FATF Recommendation
By Editors | 11/11/2021
Sri Lanka extended its foreign exchange declaration requirements to include the full range of bearer negotiable instruments, in line with Recommendation 32.
Fintech / Regtech
Indonesia, UAE to Cooperate on Payments, Fintech, AML
By Editors | 11/11/2021
Central banks will cooperate on cross-border payments, fintech, and AML. Financial services regulators will cooperate on developing the Islamic finance industry.
ASEAN Sectoral Bodies Publish Taxonomy for Sustainable Finance
By Mark Johnston | 11/11/2021
The ASEAN Sectoral Bodies make inclusivity and credibility central to the regional taxonomy for sustainable finance.
Market Infrastructure
Bank Indonesia Set to Launch Faster Payment System
By Sanday Chongo Kabange | 11/11/2021
‘BI-Fast’ will enable real-time payments 24/7 for retail customers, and will also be used in cross-border payments in future.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team