ADVERTISEMENT
Big Picture
The ESG Interview: Asia Plots its Own Path
By ESG Investor | 11/03/2021
Mercer’s Alexis Cheang sees parallels and differences in the approaches of the region’s asset owners and policy-makers.
Securities / Derivatives
Bangladesh Amends Listing Rules to Appease Retail Investors
By Ranamita Chakraborty | 11/03/2021
BSEC is proposing revisions to the listing rules to make the capital market more attractive for individual investors.
Sanctions
Myanmar Banks Fail to Resume Operations Despite CBM Order
By Ranamita Chakraborty | 11/03/2021
The banking sector is not fully operational due to staff shortages as employees take part in nationwide protests against the military government.
BSP Advocates Passage of New Consumer Protection Law
By Ranamita Chakraborty | 09/03/2021
The proposed law will allow financial regulators to issue consumer protection rules, conduct market surveillance and examination, and adjudicate complaints.
Big Picture
PwC Offers ESG Risk Management Recommendations for Banks
By Manesh Samtani | 09/03/2021
Banks need to adopt training and change management programmes to ensure employees embrace ESG risk management as a requirement and discipline.
Capital / Liquidity
BSP Issues Draft Guidelines on New ‘Bad Bank’ Law
By Ranamita Chakraborty | 09/03/2021
Banks can stagger the booking of losses from the discounted sale of NPAs to FIST corporations over five years, provided proper disclosures are made.
Securities / Derivatives
Indonesia Stock Exchange Considers Allowing SPAC Listings
By Editors | 08/03/2021
IDX’s decision has reportedly prompted concerns about governance, investor protection and inflated valuations for early-stage companies.
BSP Relaxes Reporting Requirements for Financial Institutions
By Editors | 07/03/2021
The BSP is reducing reporting requirements related to the borrowings of directors, officers, stockholders and their related interests.
Market Infrastructure
BSP Issues Guidance on Reporting of LIBOR Exposures
By Manesh Samtani | 05/03/2021
Banks are required to report on all derivatives, as well as assets and liabilities that are interest-bearing, even where there is no LIBOR or PHIREF exposure.
AML / KYC
Singapore Banks Asked to Monitor Myanmar Fund Flows
By Manesh Samtani | 05/03/2021
MAS is concerned about financial crime risk. New cash withdrawal limits have been imposed in Myanmar. A military-owned bank has suspended operations.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team