Other Asia Pacific

Market Infrastructure

CBSL Roadmap Outlines Six Month Plan to Stabilise Sri Lanka

By Duruthu E Chandrasekera | 06/10/2021

Export proceeds must be repatriated and converted to local currency. The loan moratorium will be unwound gradually. Liquidity support will be provided to banks.

Securities / Derivatives

Dhaka Bourse Commences Trading on New SME Platform

By Duruthu E Chandrasekera | 05/10/2021

Investors must have at least BDT 5 million in stock investments to participate in the secondary market for SMEs listed on the new platform.

Securities / Derivatives

Thailand, China to Explore Market Connectivity Initiatives

By Editors | 05/10/2021

SEC and CSRC officials have agreed to explore the development and implementation of connectivity initiatives between their markets.

Market Infrastructure

BSP Urges Passage of Bill to Tackle Rising Cybercrime

By Ranamita Chakraborty | 05/10/2021

The bill will strengthen the legal framework for financial consumer welfare and foster greater public awareness on cybersecurity, the BSP said.

Cambodia Central Bank Introduces Overnight Lending Facility

By Editors | 03/10/2021

The industry has welcomed the MLF as a measure that will allow FIs to support their operations, protect the financial sector, and continue lending.

CBSL Warns Banks Against Creating FX Black Market

By Duruthu E Chandrasekera | 03/10/2021

Sri Lankan banks are charging heavy premiums to execute FX transactions, claiming to not have US dollars available.

Market Infrastructure

BOT Issues New Data Governance Guidelines for Banks

By Pongnut Thanaboonchai | 03/10/2021

The guidelines set out a data governance approach that encompasses five aspects, allowing for flexibility to cater to the specific nature of a bank’s operations.

AML / KYC

BSP Updates e-KYC Guidelines for Financial Institutions

By Ranamita Chakraborty | 03/10/2021

The guidelines include national digital ID system PhilSys as an accepted method for verifying customer identities, subject to proper authentication.

Fintech / Regtech

Central Banks Create Prototype Platform for mCBDC Settlements

By Sanday Chongo Kabange | 28/09/2021

The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.