Other Asia Pacific

    Capital / Liquidity

    Bangladesh Bank Issues Guidelines on ‘Experimental’ IRRBB Adoption

    By Editors | 19/04/2021

    To facilitate the full implementation by 30 June 2024, banks are asked to arrange for the experimental adoption of the guidelines by 30 June 2021.

    AML / KYC

    Philippine Banks May Face ‘Systemic Solvency Distress’: IMF

    By Ranamita Chakraborty | 19/04/2021

    Bank capital adequacy could fall to 11.7% by 2022 in a baseline scenario, 9.3% in an adverse scenario, and 4.9% in a severe adverse scenario.

    Citigroup to Exit 13 Markets, Including 10 in Asia

    By Editors | 19/04/2021

    The move is part of an ongoing strategic review to allow Citi to direct resources to the businesses where it has the greatest scale and growth potential.

    Cambodian Lenders Grant Reprieve from Debt Repayment

    By Ranamita Chakraborty | 14/04/2021

    Six measures have been announced, including lower interest rates, credit restructuring benefits and relief for Covid-19 patients.

    AML / KYC

    Thailand to Require UBO Transparency in Bond Markets

    By Editors | 14/04/2021

    Non-residents who invest in debt securities in Thailand are required to open Segregated Securities Accounts with custodians at the UBO level.

    Securities / Derivatives

    Thailand SEC Amends Rules for Capital Market Auditors

    By Sanday Chongo Kabange | 12/04/2021

    The experience requirement for auditors in the capital markets has been reduced from a minimum of 10 years to seven years.

    AML / KYC

    SEC Thailand Allows Crypto Exchange Bitkub to Resume Services

    By Editors | 12/04/2021

    Bitkub has been allowed to resume accepting new clients. A warning was issued against Binance. Huobi was ordered to suspend services.

    Market Infrastructure

    LIBOR Phase-out, RFR Adoption: A Path Forward for Sri Lanka

    By Lalinda Sugathadasa | 11/04/2021

    The CBSL should play a more active role in facilitating the transition in Sri Lanka, says Lalinda Sugathadasa, Head of Research at ICRA Lanka.

    Market Infrastructure

    BOT to Prohibit THBFIX-based Transactions from 1 July

    By Editors | 11/04/2021

    New transactions based on THBFIX including loans, bonds, and structures notes must stop from 1 July 2021.

    Market Infrastructure

    HoSE Pledges to Launch New Trading System by Year-end

    By Sanday Chongo Kabange | 10/04/2021

    HoSE will use all available resources to accelerate implementation and make the new system operational within this year.

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