Myanmar is negotiating the possibility of joining SPFS, an alternative to SWIFT, as well as the use of Russian Mir cards in Asia.
June 22, 2022The government has approved a project that will require banks have a capital adequacy ratio of at least 10-11 percent by 2023 and 11-12 percent by 2025.
June 22, 2022The CMIM is being enhanced to allow ASEAN+3 members to use their own and each other's local currencies for CMIM liquidity support.
May 20, 2022Finance ministers and central bankers have committed to promoting financial stability, financial inclusion and banking integration in the ASEAN region.
April 14, 2022Domestic banks will be able to access other Asian currencies via cross-currency repo and other collateralised transactions with Bank Indonesia.
February 18, 2022The SEC seeks views from investment firms and fund managers on their expectations for sustainable funds, including issuance trends, investment drivers, and regulatory requirements.
February 15, 2022Mark Uhrynuk and Alexander Burdulia discuss taxonomies that have been developed, how asset managers are already applying them, and the associated challenges.
February 8, 2022The BSP has been in dialogue with ASEAN central banks including MAS, BNM and BOT to make cross-border payment flows cheaper and more seamless.
November 16, 2021The ASEAN Sectoral Bodies make inclusivity and credibility central to the regional taxonomy for sustainable finance.
November 11, 2021MAS and the BSP have agreed to pursue real time and QR payment systems links to enable instant, seamless and low-cost cross-border payments.
November 8, 2021