Other Asia Pacific

Payments & Settlements

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.

Supervision & 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.

Trading & Investment

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.

Custody & Infrastructure

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.

Resolution & Recovery

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.

Structural Regulation

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.

Anti-Money Laundering

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.

Structural Regulation

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.

Market Abuse

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.