Other Asia Pacific

    Market Infrastructure

    Sri Lanka Passes New SEC Act to Bolster Capital Market

    By Duruthu E Chandrasekera | 09/09/2021

    SEC chairman Viraj Dayaratna described the new law as “futuristic”, saying it will help to increase market liquidity and attract foreign investment.

    Market Infrastructure

    China, Indonesia Launches Local Currency Settlement Framework

    By Sanday Chongo Kabange | 08/09/2021

    Bank Indonesia has also recently expanded its local currency settlement frameworks with Japan, Malaysia and Thailand.

    Capital / Liquidity

    OJK Indonesia Extends Debt Restructuring Relief for One Year

    By Editors | 07/09/2021

    Banks are still required to ensure adequate risk management procedures are in place and that only debtors who are eligible are given the option to restructure their debt.

    Capital / Liquidity

    Bank Indonesia Raises Mandatory MSME Lending Thresholds

    By Pongnut Thanaboonchai | 07/09/2021

    The mandatory minimum MSME lending requirements will be increased in phases. Lenders that fail to meet the thresholds will face a maximum penalty of IDR 5 billion.

    Securities / Derivatives

    Thai SEC Proposes to Streamline Bond Issuance Regulations

    By Pongnut Thanaboonchai | 07/09/2021

    Under the amendments, debt instruments must be issued within 6 months from the date the filing is approved, the SEC said.

    ESG / Sustainability

    Philippine SEC to Make Sustainability Reporting Mandatory

    By Editors | 06/09/2021

    Publicly listed companies will be required to submit sustainability reports separate from their annual reports from 2023.

    Market Infrastructure

    BOT Directs Banks to Prepare for New Data Protection Law

    By Pongnut Thanaboonchai | 03/09/2021

    The Thai Bankers’ Association has issued guidelines for banks on handling personal data protection in compliance with the Personal Data Protection Act.

    UPDATED – Bangladesh Banks Ordered to Block E-commerce Payments

    By Editors | 03/09/2021

    Bangladesh Bank has directed banks to block e-commerce firms from receiving direct payments from customers.

    Capital / Liquidity

    Bangladesh Bank Extends Policy on Loan Classification Leniency

    By Editors | 01/09/2021

    Borrowers will not be considered in default if they repay 25 percent of their loan instalments until December this year.

    Market Infrastructure

    BOT Urges Faster Adoption of THOR by Market Participants

    By Pongnut Thanaboonchai | 31/08/2021

    The BOT’s issuance of floating rate notes referencing THOR has drawn interest from investors and helped to lower spreads in the OIS market.

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