Other Asia Pacific

Fintech / Regtech

Singapore, Thailand Launch Real-time Payment Link

By Manesh Samtani | 29/04/2021

The participating banks include DBS, OCBC, UOB, Bangkok Bank, Kasikornbank, Krung Thai Bank and Siam Commercial Bank.

Enforcement

SEC Thailand Seeks Investigative, Prosecutorial Powers

By Editors | 29/04/2021

The SEC seeks powers to investigate and prosecute its own cases and speed up enforcement against capital market violations.

Market Infrastructure

Non-Residents Can Trade THOR Overnight Index Swaps: BOT

By Editors | 27/04/2021

Participation from non-resident investors will be a key driver to help advance the development of the THOR derivatives market.

Crypto / Digital Assets

Blockchain Groups Form New ASEAN Consortium to Drive Adoption

By Editors | 27/04/2021

Members include blockchain associations in Singapore, Indonesia, the Philippines, Malaysia, Thailand and Australia.

Capital / Liquidity

BSP Asks D-SIBs to Submit Recovery Plans Separate from ICAAP

By Editors | 27/04/2021

Separate submission will allow the BSP to better assess recovery plans on an institutional level and across D-SIBs, particularly during times of crisis.

Fintech / Regtech

BSP May Raise Cap on Digital Banking Licences

By Ranamita Chakraborty | 25/04/2021

Under the digital banking framework approved by the BSP in November, the number of digital bank licences is capped at five.

AML / KYC

BSP Renews Push for Changes to Bank Secrecy Law

By Editors | 23/04/2021

BSP Governor Benjamin Diokno expects a pending bill to be acted upon by Congress as early as May.

Philippines to Grant BSP Authority Over Insurance Commission

By Editors | 23/04/2021

Under a proposed bill, the supervision of the Insurance Commission will move from the Department of Finance to the BSP.

AML / KYC

BaFin Files Criminal Complaint Against Deutsche Bank Exec

By Manesh Samtani | 23/04/2021

Alexander Schütz is suspected of using inside information to trade Wirecard shares. A separate probe into EY’s audits of Wirecard is continuing.