Other Asia Pacific

AML / KYC

Interpol Concludes APAC Operation Targeting Online Financial Crime

By Manesh Samtani | 02/06/2021

The six-month operation led to 585 arrests, more than 1,600 bank account freezes, and the interception of USD 83 million in illicit funds.

Cambodia: NBC Extends Debt Relief Measures to Year-End

By Sanday Chongo Kabange | 01/06/2021

The NBC has committed to maintaining the RRR at 7 percent “until further notice” and removed a three-time limit on debt restructuring.

AML / KYC

Why Asia Needs to Know About a German Supply Chain Law

By Elke Biechele. RisikoTek | 01/06/2021

A more evidence-driven approach to supply chain due diligence is needed as human rights and environmental risk come into focus, writes Elke Biechele.

New Reputational Risk Guidelines to Strengthen Resilience: BSP

By Ranamita Chakraborty | 01/06/2021

Financial institutions have until April 2022 to fully comply with the BSP’s new guidelines on reputational risk management.

ESG / Sustainability

PASLA, RMA Issue New Guidance on ESG-based Securities Lending

By ESG Investor | 30/05/2021

The guidance offers best practice to help institutional investors ensure compatibility of their ESG principles with securities lending activities.

Enforcement

Philippine Court Jails Broker for Illegal Trading in 1999

By Editors | 30/05/2021

The court’s decision represents the first conviction won by the SEC after two decades of pursuing stockbrokers and investors linked to the case.

Securities / Derivatives

Thailand SEC Approves New Criteria for SME Fundraising

By Sanday Chongo Kabange | 27/05/2021

The new fundraising criteria for SMEs and startups proposed by the stock exchange are expected to become effective this year.

Market Infrastructure

ICMA, Bloomberg Publish APAC Guide on Tough Legacy Bonds

By Manesh Samtani | 27/05/2021

Up to 80% of tough legacy bonds in APAC have inadequate fallbacks in place, or no fallbacks at all, ICMA and Bloomberg say in a new report.

Crypto / Digital Assets

Bank Indonesia Explores CBDC as Legal Payment Instrument

By Editors | 26/05/2021

The central bank is assessing which platform and technology it will use to issue a digital rupiah as a legal digital payment instrument in Indonesia.