ADVERTISEMENT
Big Picture
APAC Overtook US in AML Penalties For 2020: Fenergo
By Editors | 10/12/2020
APAC has overtaken the US in terms of the value of enforcement actions for the first time since 2015, largely due to the Goldman and Westpac cases.
Fintech / Regtech
Philippines: UnionBank, StanChart Complete Bond Tokenisation POC
By Editors | 10/12/2020
A dual tranche issuance totalling PHP 9 billion was mirrored on a bond tokenisation platform co-created by UnionBank and SC Ventures.
CBSL Interest Rate Cap on Housing Loans Need Clarity
By Duruthu E Chandrasekera | 10/12/2020
The interest rate cap is intended for housing loans for salaried employees, but CBSL has not indicated if it will apply to refinance loans.
AML / KYC
Combatting TBML Through Collaboration and Technology
By Henry Roxas | 09/12/2020
R3’s Henry Roxas describes the complexities of trade-based money laundering in Asia and the importance of collaboration to tackle the problem once and for all.
Capital / Liquidity
BOT Eases Rules on Bank Capital to Promote Lending
By Editors | 09/12/2020
The move will increase the levels of capital and liquidity at commercial banks and facilitate lending to businesses and households.
AML / KYC
Philippine SEC Proposes Stronger Rules on Beneficial Ownership
By Editors | 08/12/2020
The SEC is seeking to require the disclosure of beneficial owners, nominators, principals, and nominee arrangements within 10 days from a company’s registration.
Fintech / Regtech
Singapore, Thailand to Enable Instant Payments Link by Mid 2021
By Manesh Samtani | 08/12/2020
Described as “the first-of-its-kind in the world”, the link will enable instant money transfers between Singapore’s PayNow and Thailand’s PromptPay.
Capital / Liquidity
Addressing Credit Risk Uncertainty Through Collateral & Data
By Editors | 08/12/2020
Panellists at a recent Regulation Asia webinar highlighted the importance of sound collateral management and data practices to manage loan loss uncertainty in the year ahead.
Capital / Liquidity
BSP Deputy Governor Outlines Key Priorities for the Year Ahead
By Manesh Samtani | 07/12/2020
Deputy Governor Chuchi Fonacier spoke to Regulation Asia about planned measures to promote digital payments, help MSMEs, and further strengthen the banking sector.
Securities / Derivatives
Ho Chi Minh Bourse to Raise Minimum Board Lot Tenfold
By Sanday Chongo Kabange | 03/12/2020
HoSE plans to allow two weeks for modifications to trading systems, one week for testing, and implementation in January 2021.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team