Sri Lanka has imposed import restrictions to limit foreign currency outflows, while also borrowing more internationally to bolster its reserves.
September 13, 2021The new chiefs of the FSC and FSS held their first official meeting since taking office. They pledged to unite on issues such as household debt and Covid-19.
September 7, 2021Three governmental agencies have agreed to extend the transaction tax cut for day trading after it expires at year-end.
August 20, 2021Coordinated efforts will be made to unify access arrangements for foreign institutional investors and streamline requirements on the management of cross-border capital.
August 19, 2021The rules require credit rating agencies to strengthen their methodologies and systems, improve corporate governance, and avoid conflicts of interest.
August 8, 2021The FSA has reportedly created a new position to head the section, which will also oversee decentralised finance and deepen dialogue with foreign regulators.
July 20, 2021The Malaysian government and 1MDB filed a $5.64bn lawsuit against 44 current and former KPMG partners over the firm's audits of 1MDB’s financial statements.
July 14, 2021The SEC warned that failure to obtain a licence for the issuance of digital tokens on DeFi platforms could be punishable under the Digital Assets Act.
June 3, 2021The central bank will provide TWD 100 billion for loans to SMEs. State-owned banks have set aside a further TWD 550 billion to support business lending.
May 31, 2021Revised RBI guidelines put in place a mechanism for private sector banks to apply for authorisation to conduct government business.
May 18, 2021