Other Asia Pacific

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.

Fintech / Regtech

Overseas Filipino Bank Obtains Digital Bank Licence

By Ranamita Chakraborty | 09/04/2021

Overseas Filipino Bank, formed as a policy bank to provide services to overseas Filipinos, has been granted a digital banking licence.

UPDATED – Bangladesh: Banks, Stock Exchanges Shorten Work Hours

By Editors | 08/04/2021

Banks were asked to carry out all transactions from 10am to 12.30pm during the lockdown and to only keep branches open until 2pm.

Crypto / Digital Assets

Thailand SEC to Require Crypto Investors to Have Experience

By Sanday Chongo Kabange | 08/04/2021

Under the new regulations, cryptocurrency investors must have previous experience or training to prove their knowledge of cryptocurrency.

AML / KYC

Philippines Expands AML Rules to Financing, Lending Firms

By Ranamita Chakraborty | 08/04/2021

All financing and lending companies are required to register with the AMLC, report suspicious transactions and comply with other AML/CTF rules.

Fintech / Regtech

Thailand to Start Testing Retail CBDC in Q2 2022

By Sanday Chongo Kabange | 07/04/2021

The BOT says the retail digital baht will provide access to convenient and secure financial services without affecting Thailand’s financial system.

Enforcement

Myanmar: Korean Banks Raise Vigilance After Employee Shooting

By Ranamita Chakraborty | 05/04/2021

A Shinhan Bank employee has died after being shot in the head by Myanmar’s military forces. Meanwhile, local private banks are being fined for remaining closed.

Fintech / Regtech

Thailand, Vietnam Launch Cross-Border QR Code Link

By Sanday Chongo Kabange | 03/04/2021

The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.

Securities / Derivatives

PSE Proposes to Exempt AIFs from Lock-up Rules

By Editors | 02/04/2021

Currently, alternative investment funds that acquired shares 180 days before an IPO are subject to a 365-day lock-up period.